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

Table 6

DM test results for Brent series.

Tested models	EEMD		MEEMD
	ANN	ARIMA	ANN	ARIMA
GMDH	−34.993	−25.266	−23.261	−5.456
	(0.000)	(0.000)	(0.000)	(0.000)
ANN		7.456		4.321
		(0.000)		(0.000)

Statistically significant at 1%.