Journal of the Architectural Institute of Korea (대한건축학회논문집)

Architectural Institute of Korea (대한건축학회)
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Experimental Study on the Expansion of the Short-term Prediction Range of Rebar Prices Using Deep Learning

딥러닝을 활용한 철근 가격 단기예측범위 확대에 관한 실험적 연구

  • Received : 2020.10.14
  • Accepted : 2020.12.12
  • Published : 2020.12.30
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Abstract

This study presents a method for expanding the prediction range of rebar price prediction using the short-term prediction method of deep learning. In general, the prediction range of a short-term prediction is dependent on the time interval of the data to be entered, so it can be expanded by adjusting the time interval of the data. However, as the range of forecasts increases, the size of the data decreases, which can lead to overfitting that cannot guarantee good results. The average accuracy of the forecasts is approximately 98.49% when the scope of the forecasts is extended from 1 month to 2 and 3 months with the proposed approach presented in this study. In addition, this approach could be used as a basis for expanding the predictive range of deep learning in a study that predicts prices with time series data including common building materials.

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References

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