Research Article

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

Table 4

Forecasting performance indices of ANN and WANN.

DataANNWANNDM
RMSEMAPERMSEMAPEWANN versus ANN

Brent0.99101.64%0.81511.31%āˆ’4.0416*
WTI0.94521.79%0.75491.39%āˆ’9.3756*

Significant at 1% level.