Data-driven models for monthly streamflow time series prediction

2010 ◽  
Vol 23 (8) ◽  
pp. 1350-1367 ◽  
Author(s):  
C.L. Wu ◽  
K.W. Chau
2020 ◽  
Vol 146 (7) ◽  
pp. 04020013 ◽  
Author(s):  
Siraj Muhammed Pandhiani ◽  
Parveen Sihag ◽  
Ani Bin Shabri ◽  
Balraj Singh ◽  
Quoc Bao Pham

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Irfan Haider Shakri

Purpose The purpose of this study is to compare five data-driven-based ML techniques to predict the time series data of Bitcoin returns, namely, alternating model tree, random forest (RF), multiple linear regression, multi-layer perceptron regression and M5 Tree algorithms. Design/methodology/approach The data used to forecast time series data of Bitcoin returns ranges from 8 July 2010 to 30 Aug 2020. This study used several predictors to predict bitcoin returns including economic policy uncertainty, equity market volatility index, S&P returns, USD/EURO exchange rates, oil and gold prices, volatilities and returns. Five statistical indexes, namely, correlation coefficient, mean absolute error, root mean square error, relative absolute error and root relative squared error are determined. The results of these metrices are used to develop colour intensity ranking. Findings Among the machine learning (ML) techniques used in this study, RF models has shown superior predictive ability for estimating the Bitcoin returns. Originality/value This study is first of its kind to use and compare ML models in the prediction of Bitcoins. More studies can be carried out by using further cryptocurrencies and other ML data-driven models in future.


2020 ◽  
Vol 145 ◽  
pp. 270-281 ◽  
Author(s):  
Tinghui Ouyang ◽  
Heming Huang ◽  
Yusen He ◽  
Zhenhao Tang

2021 ◽  
Vol 29 (1) ◽  
pp. 4-18
Author(s):  
Jiabao Wen ◽  
Jiachen Yang ◽  
Bin Jiang ◽  
Houbing Song ◽  
Huihui Wang

2020 ◽  
Vol 10 (2) ◽  
pp. 571 ◽  
Author(s):  
Nasrin Fathollahzadeh Attar ◽  
Quoc Bao Pham ◽  
Sajad Fani Nowbandegani ◽  
Mohammad Rezaie-Balf ◽  
Chow Ming Fai ◽  
...  

Hydrological modeling is one of the important subjects in managing water resources and the processes of predicting stochastic behavior. Developing Data-Driven Models (DDMs) to apply to hydrological modeling is a very complex issue because of the stochastic nature of the observed data, like seasonality, periodicities, anomalies, and lack of data. As streamflow is one of the most important components in the hydrological cycle, modeling and estimating streamflow is a crucial aspect. In this study, two models, namely, Optimally Pruned Extreme Learning Machine (OPELM) and Chi-Square Automatic Interaction Detector (CHAID) methods were used to model the deterministic parts of monthly streamflow equations, while Autoregressive Conditional Heteroskedasticity (ARCH) was used in modeling the stochastic parts of monthly streamflow equations. The state of art and innovation of this study is the integration of these models in order to create new hybrid models, ARCH-OPELM and ARCH-CHAID, and increasing the accuracy of models. The study draws on the monthly streamflow data of two different river stations, located in north-western Iran, including Dizaj and Tapik, which are on Nazluchai and Baranduzchai, gathered over 31 years from 1986 to 2016. To ascertain the conclusive accuracy, five evaluation metrics including Correlation Coefficient (R), Root Mean Square Error (RMSE), Nash–Sutcliffe Efficiency (NSE), Mean Absolute Error (MAE), the ratio of RMSE to the Standard Deviation (RSD), scatter plots, time-series plots, and Taylor diagrams were used. Standalone CHAID models have better results than OPELM methods considering sole models. In the case of hybrid models, ARCH-CHAID models in the validation stage performed better than ARCH-OPELM for Dizaj station (R = 0.96, RMSE = 1.289 m3/s, NSE = 0.92, MAE = 0.719 m3/s and RSD = 0.301) and for Tapik station (R = 0.94, RMSE = 2.662 m3/s, NSE = 0.86, MAE = 1.467 m3/s and RSD = 0.419). The results remarkably reveal that ARCH-CHAID models in both stations outperformed all other models. Finally, it is worth mentioning that the new hybrid “ARCH-DDM” models outperformed standalone models in predicting monthly streamflow.


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