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

Table 5

DM test results for WTI series.

Tested models	EEMD		MEEMD
	ANN	ARIMA	ANN	ARIMA
GMDH	−10.674	−5.421	−6.783	−18.346
	(0.000)	(0.000)	(0.000)	(0.000)
ANN		−2.456		8.342
		(0.000)		(0.000)

Statistically significant at 1%.