Research Article

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

Table 3

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

DataNetwork architectureTrainingTesting
InputHiddenRMSEMAPERMSEMAPE

Brent130.44371.46%0.89391.49%
220.42251.35%0.84391.41%
370.37561.24%0.81741.35%
440.37361.20%0.81511.31%
580.34891.15%0.85931.31%
680.34311.14%0.90611.37%

WTI110.51081.60%0.87381.65%
230.46171.46%0.82161.54%
320.42521.37%0.79001.47%
430.41711.33%0.76991.42%
510.40441.29%0.75491.39%
6100.37121.24%0.95061.49%