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Mathematical Problems in Engineering
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Mathematical Problems in Engineering
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2021
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Article
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Tab 4
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Research Article
A New Approach for Forecasting Crude Oil Prices Using Median Ensemble Empirical Mode Decomposition and Group Method of Data Handling
Table 4
Forecasting accuracy of hybrid models of Brent series.
Models
EEMD
MEEMD
GMDH
ANN
ARIMA
GMDH
ANN
ARIMA
RMSE
0.6278
0.7142
0.7926
0.0240
0.0643
0.6780
MAE
0.6135
0.6742
0.8045
0.0360
0.1325
0.6820
MAPE
0.4543
0.4783
0.9762
0.0051
0.5370
0.9227