Oil Price Factors: Forecasting on the Base of Modified ARIMA Model

Anthony Msafiri Nyangarika, Bao Jun Tang

    科研成果: 期刊稿件会议文章同行评审

    6 引用 (Scopus)

    摘要

    The paper proposes the modification of ARIMA model for finding the parameters of estimation and forecasts using exponential smoothing. The study use data Brent crude oil price and gas prices in the period from January 1991 to December 2016. The result of the study showed an improvement in the accuracy of the predicted values, while the emissions occurred near the end of the time series. It has minimal or no effect on other emissions of this data series. The study suggests that investors can predict prices by analyzing the possible risks in oil futures markets.

    源语言英语
    文章编号012058
    期刊IOP Conference Series: Earth and Environmental Science
    192
    1
    DOI
    出版状态已出版 - 5 11月 2018
    活动2018 2nd International Conference on Power and Energy Engineering, ICPEE 2018 - Xiamen, 中国
    期限: 3 9月 20185 9月 2018

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