An Application of Hybrid Models for Weekly Stock Market Index Prediction: Empirical Evidence from SAARC Countries

Table 2

Forecasting performance of different models.

Errors	ARIMA	MLP	RNN	ARIMA-MLP	ARIMA-RNN
MAPE	13.627	8.611	10.156	7.011	8.047
MAE	1278.221	810.61	1011.07	690.612	761.91
RMSE	1550.227	1050.232	1290.61	899.31	973.38