A New Approach for Forecasting Crude Oil Prices Using Median Ensemble Empirical Mode Decomposition and Group Method of Data Handling

Table 3

Forecasting accuracy of hybrid models of WTI series.

Models	EEMD			MEEMD
	GMDH	ANN	ARIMA	GMDH	ANN	ARIMA
RMSE	0.3872	0.6580	0.6680	0.0426	0.1043	0.4297
MAE	0.5061	0.6244	0.6061	0.0351	0.1025	0.3915
MAPE	0.2864	0.4943	1.2306	0.0087	0.3770	0.5850