Daily Crude Oil Price Forecasting Using Hybridizing Wavelet and Artificial Neural Network Model

Table 1

Training and testing performance of different network architecture of ANN model.

Data	Network architecture		Training		Testing
	Input	Hidden	RMSE	MAPE	RMSE	MAPE
Brent	1	1	0.7281	2.28%	0.9932	1.65%
	2	4	0.5023	1.60%	0.9910	1.64%
	3	2	0.5108	1.60%	0.9912	1.64%
	4	2	0.5059	1.60%	0.9910	1.64%
	5	1	0.5244	1.61%	0.9928	1.65%
	6	1	0.5231	1.61%	0.9920	1.65%
WTI	1	3	0.5651	1.72%	0.9507	1.79%
	2	4	0.5590	1.72%	0.9452	1.79%
	3	5	0.5187	1.69%	0.9496	1.79%
	4	7	0.5137	1.67%	0.9514	1.80%
	5	1	0.5626	1.72%	0.9529	1.80%
	6	1	0.5636	1.72%	0.9493	1.79%