• Title/Summary/Keyword: Long-Term Predictions

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Financial Market Prediction and Improving the Performance Based on Large-scale Exogenous Variables and Deep Neural Networks (대규모 외생 변수 및 Deep Neural Network 기반 금융 시장 예측 및 성능 향상)

  • Cheon, Sung Gil;Lee, Ju Hong;Choi, Bum Ghi;Song, Jae Won
    • Smart Media Journal
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    • v.9 no.4
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    • pp.26-35
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    • 2020
  • Attempts to predict future stock prices have been studied steadily since the past. However, unlike general time-series data, financial time-series data has various obstacles to making predictions such as non-stationarity, long-term dependence, and non-linearity. In addition, variables of a wide range of data have limitations in the selection by humans, and the model should be able to automatically extract variables well. In this paper, we propose a 'sliding time step normalization' method that can normalize non-stationary data and LSTM autoencoder to compress variables from all variables. and 'moving transfer learning', which divides periods and performs transfer learning. In addition, the experiment shows that the performance is superior when using as many variables as possible through the neural network rather than using only 100 major financial variables and by using 'sliding time step normalization' to normalize the non-stationarity of data in all sections, it is shown to be effective in improving performance. 'moving transfer learning' shows that it is effective in improving the performance in long test intervals by evaluating the performance of the model and performing transfer learning in the test interval for each step.

Estimation Model for Freight of Container Ships using Deep Learning Method (딥러닝 기법을 활용한 컨테이너선 운임 예측 모델)

  • Kim, Donggyun;Choi, Jung-Suk
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.27 no.5
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    • pp.574-583
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    • 2021
  • Predicting shipping markets is an important issue. Such predictions form the basis for decisions on investment methods, fleet formation methods, freight rates, etc., which greatly affect the profits and survival of a company. To this end, in this study, we propose a shipping freight rate prediction model for container ships using gated recurrent units (GRUs) and long short-term memory structure. The target of our freight rate prediction is the China Container Freight Index (CCFI), and CCFI data from March 2003 to May 2020 were used for training. The CCFI after June 2020 was first predicted according to each model and then compared and analyzed with the actual CCFI. For the experimental model, a total of six models were designed according to the hyperparameter settings. Additionally, the ARIMA model was included in the experiment for performance comparison with the traditional analysis method. The optimal model was selected based on two evaluation methods. The first evaluation method selects the model with the smallest average value of the root mean square error (RMSE) obtained by repeating each model 10 times. The second method selects the model with the lowest RMSE in all experiments. The experimental results revealed not only the improved accuracy of the deep learning model compared to the traditional time series prediction model, ARIMA, but also the contribution in enhancing the risk management ability of freight fluctuations through deep learning models. On the contrary, in the event of sudden changes in freight owing to the effects of external factors such as the Covid-19 pandemic, the accuracy of the forecasting model reduced. The GRU1 model recorded the lowest RMSE (69.55, 49.35) in both evaluation methods, and it was selected as the optimal model.

An Approach Using LSTM Model to Forecasting Customer Congestion Based on Indoor Human Tracking (실내 사람 위치 추적 기반 LSTM 모델을 이용한 고객 혼잡 예측 연구)

  • Hee-ju Chae;Kyeong-heon Kwak;Da-yeon Lee;Eunkyung Kim
    • Journal of the Korea Society for Simulation
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    • v.32 no.3
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    • pp.43-53
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    • 2023
  • In this detailed and comprehensive study, our primary focus has been placed on accurately gauging the number of visitors and their real-time locations in commercial spaces. Particularly, in a real cafe, using security cameras, we have developed a system that can offer live updates on available seating and predict future congestion levels. By employing YOLO, a real-time object detection and tracking algorithm, the number of visitors and their respective locations in real-time are also monitored. This information is then used to update a cafe's indoor map, thereby enabling users to easily identify available seating. Moreover, we developed a model that predicts the congestion of a cafe in real time. The sophisticated model, designed to learn visitor count and movement patterns over diverse time intervals, is based on Long Short Term Memory (LSTM) to address the vanishing gradient problem and Sequence-to-Sequence (Seq2Seq) for processing data with temporal relationships. This innovative system has the potential to significantly improve cafe management efficiency and customer satisfaction by delivering reliable predictions of cafe congestion to all users. Our groundbreaking research not only demonstrates the effectiveness and utility of indoor location tracking technology implemented through security cameras but also proposes potential applications in other commercial spaces.

Thermoelastic Aspects of the San Andreas Faults under Very Low Strength (낮은 강도를 갖는 산 안드레아 단층의 열탄성 특성)

  • Park, Moo-Choon;Han, Uk
    • Journal of the Korean earth science society
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    • v.21 no.3
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    • pp.315-322
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    • 2000
  • In this study, the data used for the models were a set of 56 geologic estimates of long-term fault slip rates. The hest models were those in which mantle drag was convergent on the Transverse Ranges in the San Andreas fault system, and faults had a low friction (${\mu}$= 0.3). It is clearly important to decide whether these cases of low strength are local anomalies or whether they are representative. Furthermore, it would be helpful to determine fault strength in as many tectonic settings as possible. Analysis of data was considered by unsuspected sources of pore pressure, or even to question the relevance of the friction law. To contribute to the solution of this problem, three attempts were tried to apply finite element method that would permit computational experiments with different hypothesized fault rheologies. The computed model has an assumed rheology and plate tectonic boundary conditions, and produces predictions of present surface velocity, strain rate, and stress. The results of model will be acceptably close to reality in its predictions of mean fault slip rates, stress directions and geodetic data. This study suggests some implications of the thermoelastic characteristics to interpret the relationship with very low strength of San Andreas fault system.

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Development of a New Flood Index for Local Flood Severity Predictions (국지홍수 심도예측을 위한 새로운 홍수지수의 개발)

  • Jo, Deok Jun;Son, In Ook;Choi, Hyun Il
    • Journal of Korea Water Resources Association
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    • v.46 no.1
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    • pp.47-58
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    • 2013
  • Recently, an increase in the occurrence of sudden local flooding of great volume and short duration due to global climate changes has occasioned the significant danger and loss of life and property in Korea as well as most parts of the world. Such a local flood that usually occurs as the result of intense rainfall over small regions rises quite quickly with little or no advance warning time to prevent flood damage. To prevent the local flood damage, it is important to quickly predict the flood severity for flood events exceeding a threshold discharge that may cause the flood damage for inland areas. The aim of this study is to develop the NFI (New Flood Index) measuring the severity of floods in small ungauged catchments for use in local flood predictions by the regression analysis between the NFI and rainfall patterns. Flood runoff hydrographs are generated from a rainfall-runoff model using the annual maximum rainfall series of long-term observations for the two study catchments. The flood events above a threshold assumed as the 2-year return period discharge are targeted to estimate the NFI obtained by the geometric mean of the three relative severity factors, such as the flood magnitude ratio, the rising curve gradient, and the flooding duration time. The regression results show that the 3-hour maximum rainfall depths have the highest relationships with the NFI. It is expected that the best-fit regression equation between the NFI and rainfall characteristics can provide the basic database of the preliminary information for predicting the local flood severity in small ungauged catchments.

Characteristics and Prediction of Total Ozone and UV-B Irradiance in East Asia Including the Korean Peninsula (한반도를 포함한 동아시아 영역에서 오존전량과 유해자외선의 특성과 예측)

  • Moon, Yun-Seob;Seok, Min-Woo;Kim, Yoo-Keun
    • Journal of Environmental Science International
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    • v.15 no.8
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    • pp.701-718
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    • 2006
  • The average ratio of the daily UV-B to total solar (75) irradiance at Busan (35.23$^{\circ}$N, 129.07$^{\circ}$E) in Korea is found as 0.11%. There is also a high exponential relationship between hourly UV-B and total solar irradiance: UV-B=exp (a$\times$(75-b))(R$^2$=0.93). The daily variation of total ozone is compared with the UV-B irradiance at Pohang (36.03$^{\circ}$N, 129.40$^{\circ}$E) in Korea using the Total Ozone Mapping Spectrometer (TOMS) data during the period of May to July in 2005. The total ozone (TO) has been maintained to a decreasing trend since 1979, which leading to a negative correlation with the ground-level UV-B irradiance doting the given period of cloudless day: UV-B=239.23-0.056 TO (R$^2$=0.52). The statistical predictions of daily total ozone are analyzed by using the data of the Brewer spectrophotometer and TOMS in East Asia including the Korean peninsula. The long-term monthly averages of total ozone using the multiplicative seasonal AutoRegressive Integrated Moving Average (ARIMA) model are used to predict the hourly mean UV-B irradiance by interpolating the daily mean total ozone far the predicting period. We also can predict the next day's total ozone by using regression models based on the present day's total ozone by TOMS and the next day's predicted maximum air temperature by the Meteorological Mesoscale Model 5 (MM5). These predicted and observed total ozone amounts are used to input data of the parameterization model (PM) of hourly UV-B irradiance. The PM of UV-B irradiance is based on the main parameters such as cloudiness, solar zenith angle, total ozone, opacity of aerosols, altitude, and surface albedo. The input data for the model requires daily total ozone, hourly amount and type of cloud, visibility and air pressure. To simplify cloud effects in the model, the constant cloud transmittance are used. For example, the correlation coefficient of the PM using these cloud transmissivities is shown high in more than 0.91 for cloudy days in Busan, and the relative mean bias error (RMBE) and the relative root mean square error (RRMSE) are less than 21% and 27%, respectively. In this study, the daily variations of calculated and predicted UV-B irradiance are presented in high correlation coefficients of more than 0.86 at each monitoring site of the Korean peninsula as well as East Asia. The RMBE is within 10% of the mean measured hourly irradiance, and the RRMSE is within 15% for hourly irradiance, respectively. Although errors are present in cloud amounts and total ozone, the results are still acceptable.

Combining Bias-correction on Regional Climate Simulations and ENSO Signal for Water Management: Case Study for Tampa Bay, Florida, U.S. (ENSO 패턴에 대한 MM5 강수 모의 결과의 유역단위 성능 평가: 플로리다 템파 지역을 중심으로)

  • Hwang, Syewoon;Hernandez, Jose
    • Korean Journal of Agricultural and Forest Meteorology
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    • v.14 no.4
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    • pp.143-154
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    • 2012
  • As demand of water resources and attentions to changes in climate (e.g., due to ENSO) increase, long/short term prediction of precipitation is getting necessary in water planning. This research evaluated the ability of MM5 to predict precipitation in the Tampa Bay region over 23 year period from 1986 to 2008. Additionally MM5 results were statistically bias-corrected using observation data at 33 stations over the study area using CDF-mapping approach and evaluated comparing to raw results for each ENSO phase (i.e., El Ni$\tilde{n}$o and La Ni$\tilde{n}$a). The bias-corrected model results accurately reproduced the monthly mean point precipitation values. Areal average daily/monthly precipitation predictions estimated using block-kriging algorithm showed fairly high accuracy with mean error of daily precipitation, 0.8 mm and mean error of monthly precipitation, 7.1 mm. The results evaluated according to ENSO phase showed that the accuracy in model output varies with the seasons and ENSO phases. Reasons for low predictions skills and alternatives for simulation improvement are discussed. A comprehensive evaluation including sensitivity to physics schemes, boundary conditions reanalysis products and updating land use maps is suggested to enhance model performance. We believe that the outcome of this research guides to a better implementation of regional climate modeling tools in water management at regional/seasonal scale.

Possibilities for Improvement in Long-term Predictions of the Operational Climate Prediction System (GloSea6) for Spring by including Atmospheric Chemistry-Aerosol Interactions over East Asia (대기화학-에어로졸 연동에 따른 기후예측시스템(GloSea6)의 동아시아 봄철 예측 성능 향상 가능성)

  • Hyunggyu Song;Daeok Youn;Johan Lee;Beomcheol Shin
    • Journal of the Korean earth science society
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    • v.45 no.1
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    • pp.19-36
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    • 2024
  • The global seasonal forecasting system version 6 (GloSea6) operated by the Korea Meteorological Administration for 1- and 3-month prediction products does not include complex atmospheric chemistry-aerosol physical processes (UKCA). In this study, low-resolution GloSea6 and GloSea6 coupled with UKCA (GloSea6-UKCA) were installed in a CentOS-based Linux cluster system, and preliminary prediction results for the spring of 2000 were examined. Low-resolution versions of GloSea6 and GloSea6-UKCA are highly needed to examine the effects of atmospheric chemistry-aerosol owing to the huge computational demand of the current high resolution GloSea6. The spatial distributions of the surface temperature and daily precipitation for April 2000 (obtained from the two model runs for the next 75 days, starting from March 1, 2000, 00Z) were compared with the ERA5 reanalysis data. The GloSea6-UKCA results were more similar to the ERA5 reanalysis data than the GloSea6 results. The surface air temperature and daily precipitation prediction results of GloSea6-UKCA for spring, particularly over East Asia, were improved by the inclusion of UKCA. Furthermore, compared with GloSea6, GloSea6-UKCA simulated improved temporal variations in the temperature and precipitation intensity during the model integration period that were more similar to the reanalysis data. This indicates that the coupling of atmospheric chemistry-aerosol processes in GloSea6 is crucial for improving the spring predictions over East Asia.

Sensitive analysis of river geometry under various flow conditions in South Han River using GSTARS model (GSTARS 모형을 이용한 한강 상류부에서 유량변동에 따른 하상변동 민감도 분석)

  • Ahn, Jungkyu;Lee, Jong Mun;Kim, Young Do;Kang, Boosik
    • Journal of Korea Water Resources Association
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    • v.49 no.4
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    • pp.347-359
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    • 2016
  • Flow input from the basin will not remain the same as before due to climate changes. Since the predictions on river discharge due to climate change is given by scenarios, various discharge scenarios were prepared in this study. For a long term and reach prediction, semi-two dimensional sediment transport model, GSTARS, was used. The flood water surface elevations predicted by GSTARS model were analysed statistically and it was concluded that the model is applicable for the South Han River. Three stream tubes is the most suitable to simulate two dimensional river geometric change River geometric changes. For sediment load computation, Ackers and White equation and Yang equation were resonable. River will become narrower regardless of discharge variation, more discharge results in deeper channel.

Numerical modeling of the aging effects of RC shear walls strengthened by CFRP plates: A comparison of results from different "code type" models

  • Yeghnem, Redha;Guerroudj, Hicham Zakaria;Amar, Lemya Hanifi Hachemi;Meftah, Sid Ahmed;Benyoucef, Samir;Tounsi, Abdelouahed;Bedia, El Abbas Adda
    • Computers and Concrete
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    • v.19 no.5
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    • pp.579-588
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    • 2017
  • Creep and shrinkage are the main types of volume change with time in concrete. These changes cause deflection, cracking and stresses that affect durability, serviceability, long-term reliability and structural integrity of civil engineering infrastructure. Although laboratory test may be undertaken to determine the deformation properties of concrete, these are time-consuming, often expensive and generally not a practical option. Therefore, relatively simple empirically design code models are relied to predict the creep strain. This paper reviews the accuracy of creep and shrinkage predictions of reinforced concrete (RC) shear walls structures strengthened with carbon fibre reinforced polymer (CFRP) plates, which is characterized by a widthwise varying fibre volume fraction. This review is yielded by three commonly used international "code type" models. The assessed are the: CEB-FIP MC 90 model, ACI 209 model and Bazant & Baweja (B3) model. The time-dependent behavior was investigated to analyze their seismic behavior. In the numerical formulation, the adherents and the adhesives are all modelled as shear wall elements, using the mixed finite element method. Several tests were used to demonstrate the accuracy and effectiveness of the proposed method. Numerical results from the present analysis are presented to illustrate the significance of the time-dependency of the lateral displacements and eigenfrequencies modes.