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Fuzzy Time-Series Models Based on Intuitionistic Fuzzy, Rough Set Fuzzy, and Differential Evolution
4th International Conference on Recent Innovations in Computing, ICRIC 2021 ; 855:125-138, 2022.
Article in English | Scopus | ID: covidwho-1826279
ABSTRACT
Time-series forecasting is a vital concern for any data having temporal variations. Comparing with the other conventional time-series methodologies, the fuzzy time-series (FTS) proved its superiority. Substantial research using time-series forecasting to predict the stock index data has been found in the earlier works. The fuzzy sets approach alone cannot explain the data thoroughly. In this article, we have proposed three different methods of time-series forecasting. The first method is based on a rough set of FTS, a rule induction-based method;the second method is based on intuitionistic FTS. The last method is the extension of the second method using differential evolution. In the first model, a fuzzy algorithm based on rules is used to derive prediction rules from the time-series data and adopt an adaptive expectation model that replaces the fuzzy logical relationships or groups. In the second method, to split the universe of discourse into a non-uniform interval, a clustering algorithm-based intuitionistic fuzzy approach is used, taking care of the membership and non-membership function. Finally, the last method has been tuned for a better outcome using differential evolution. To examine the results, contrast analyses on the Taiwan stock exchange data and daily cases of COVID-19 pandemic prediction have been carried out. The outcome of the proposed approaches validates that the first and second techniques, showing promising results. However, the third method outperforms the other methods and the present techniques concerning the root-mean-square error metric. © 2022, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
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Full text: Available Collection: Databases of international organizations Database: Scopus Type of study: Experimental Studies Language: English Journal: 4th International Conference on Recent Innovations in Computing, ICRIC 2021 Year: 2022 Document Type: Article

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Full text: Available Collection: Databases of international organizations Database: Scopus Type of study: Experimental Studies Language: English Journal: 4th International Conference on Recent Innovations in Computing, ICRIC 2021 Year: 2022 Document Type: Article