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A Computing Procedure Combining Fuzzy Clustering with Fuzzy Inference System for Financial Index Forecasting

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Some Current Advanced Researches on Information and Computer Science in Vietnam (NAFOSTED 2014)

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 341))

Abstract

In this paper, a computing procedure for stock value and financial index forecasting based on fuzzy clustering and fuzzy inference system is presented. Firstly, we present a data processing method based on percentage variation rate. Then we construct a fuzzy inference system with fuzzy rules obtained by the fuzzy clustering process. We determine weight of each rule and construct a defuzzification method. Finally, we apply the proposed computing procedure to some financial forecasting problems such as Vietnam’s stock value and foreign exchange. The experimental results show that our computing procedure gives better forecasting results in some case than several conventional models such as Autoregressive Model (AR), Adaptive neuro fuzzy inference system (ANFIS).

This research is funded by Vietnam National Foundation for Science and Technology (NAFOSTED) under grand number 102.01-2012.14.

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Author information

Authors and Affiliations

  1. Institute of Mathematics, Vietnam Academy of Science and Technology, No. 18, Hoang Quoc Viet Street, Hanoi, Vietnam

    Bui Cong Cuong

  2. Hanoi University of Science and Technology, No. 1, Dai Co Viet Road, Hanoi, Vietnam

    Pham Van Chien

Authors
  1. Bui Cong Cuong
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  2. Pham Van Chien
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Corresponding author

Correspondence to Pham Van Chien .

Editor information

Editors and Affiliations

  1. Institute of Information Technology, Vietnam Academy of Science and Technology, Hanoi, Vietnam

    Quang A. Dang

  2. IT Research and Development Center, Hanoi University, Hanoi, Vietnam

    Xuan Hoai Nguyen

  3. Faculty of Information Technology, University of Science, Hochiminh, Vietnam

    Hoai Bac Le

  4. University of Engineering and Technology, Hanoi, Vietnam

    Viet Ha Nguyen

  5. Posts and Telecommunications Institute of Technology, Ho Chi Minh, Vietnam

    Vo Nguyen Quoc Bao

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Cuong, B.C., Van Chien, P. (2015). A Computing Procedure Combining Fuzzy Clustering with Fuzzy Inference System for Financial Index Forecasting. In: Dang, Q., Nguyen, X., Le, H., Nguyen, V., Bao, V. (eds) Some Current Advanced Researches on Information and Computer Science in Vietnam. NAFOSTED 2014. Advances in Intelligent Systems and Computing, vol 341. Springer, Cham. https://doi.org/10.1007/978-3-319-14633-1_6

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  • DOI: https://doi.org/10.1007/978-3-319-14633-1_6

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-14632-4

  • Online ISBN: 978-3-319-14633-1

  • eBook Packages: EngineeringEngineering (R0)

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