Research Article

Forecasting of Global Market Prices of Major Financial Instruments

Table 3

AIC values of suggested ARIMA models.

VariableModelAIC

ADARIMA (3,1,1)−4453.01
ARIMA (4,1,1)−4452.11
ARIMA (0,1,1)−4456.04

CARIMA (2,1,1)3737
ARIMA (3,1,1)3737.85
ARIMA (0,1,1)3734.41

CLARIMA (3,1,1)1987.9
ARIMA (4,1,1)1989.6
ARIMA (0,1,2)1984.58
ARIMA (1,1,2)1985.91

ESARIMA (5,1,1)5134.99
ARIMA (7,1,1)5135.28
ARIMA (1,1,1)5130.34
ARIMA (2,1,1)5130.55

FCARIMA (2,1,1)2694.63
ARIMA (3,1,1)2696.58
ARIMA (0,1,1)2691.71
ARIMA (2,1,1)2694.63

GCARIMA (2,1,1)4631.41
ARIMA (4,1,1)4631.11
ARIMA (0,1,1)4629.98
ARIMA (2,1,2)4633.53

KCARIMA (3,1,1)2920.22
ARIMA (1,1,1)2919.97
ARIMA (1,1,0)2918.05

USARIMA (2,1,1)1774.47
ARIMA (6,1,1)1781.38
ARIMA (0,1,1)1770.78