Research Article
A Hybrid Approach Integrating Multiple ICEEMDANs, WOA, and RVFL Networks for Economic and Financial Time Series Forecasting
Table 8
The root mean squared error (RMSE) values of single decomposition and multiple decompositions.
| Dataset | Horizon | MICEEMDAN-WOA-RVFL | ICEEMDAN-WOA-RVFL1 | ICEEMDAN-WOA-RVFL2 | ICEEMDAN-WOA-RVFL3 | ICEEMDAN-WOA-RVFL4 | ICEEMDAN-WOA-RVFL5 | Mean |
| WTI | 1 | 0.2715 | 0.3316 | 0.3376 | 0.3352 | 0.3191 | 0.3148 | 0.3277 | 3 | 0.5953 | 0.6557 | 0.6214 | 0.6200 | 0.6058 | 0.6133 | 0.6232 | 6 | 0.8146 | 0.9490 | 0.8239 | 0.8199 | 0.8508 | 0.8597 | 0.8607 |
| USD/EUR | 1 | 0.0009 | 0.0017 | 0.0017 | 0.0012 | 0.0015 | 0.0012 | 0.0015 | 3 | 0.0022 | 0.0031 | 0.0034 | 0.0023 | 0.0025 | 0.0023 | 0.0027 | 6 | 0.0033 | 0.0048 | 0.0033 | 0.0035 | 0.0035 | 0.0036 | 0.0037 |
| IP | 1 | 0.2114 | 0.2894 | 0.3080 | 0.3656 | 0.3220 | 0.2589 | 0.3088 | 3 | 0.3875 | 0.4098 | 0.4507 | 0.4809 | 0.4776 | 0.4027 | 0.4443 | 6 | 0.5340 | 0.5502 | 0.5563 | 1.0081 | 0.5697 | 0.6466 | 0.6661 |
| SSEC | 1 | 10.8115 | 11.5515 | 13.0728 | 16.7301 | 12.2465 | 14.3671 | 13.5936 | 3 | 22.2983 | 22.0603 | 22.8140 | 33.9937 | 23.9755 | 25.8004 | 25.7288 | 6 | 35.7201 | 37.0255 | 41.9033 | 55.5066 | 38.6140 | 48.2131 | 44.2525 |
|
|