Research Article

A New Approach for Reconstruction of IMFs of Decomposition and Ensemble Model for Forecasting Crude Oil Prices

Table 1

values of ADF unit root test and order of selected ARIMA models for all data.

DataSeriesADF test valueADF test 1st diff valueOrder of ARIMA model

BrentDaily0.990<0.010(1, 1, 0)
Weekly0.990<0.010(2, 1, 2)

WTIDaily0.349<0.010(3, 1, 2)
Weekly0.054<0.010(5, 1, 5)