Forecasting trading volume in local housing markets through a time-series model and a deep learning algorithm

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Changro Lee ◽  
Keith Key-Ho Park

PurposeIt is important to forecast local trading volumes as well as global trading volumes because the real estate market is always characterized as a localized market. The house trading volume at the local level is forecast through appropriate models to enhance the predictive accuracy.Design/methodology/approachFour representative housing submarkets in South Korea are selected, and their trading volumes are forecast. A well-established time-series model and a deep learning algorithm are employed: the autoregressive integrated moving average (ARIMA) model and the recurrent neural network (RNN), respectively. The trading volumes in adjacent areas are utilized as covariates, and an ensemble prediction is applied additionally to improve the model performance.FindingsThe results indicate no significant difference in prediction performance between the ARIMA model and the RNN, which can be attributed to the insufficient amount of data used. It is discovered that the spillover effects of trading volumes across the study areas can be exploited to improve the predictive accuracy, and that the diversity of the predicted values from the candidate models can be used to increase the forecasting accuracy further.Originality/valueWhereas property prices have been investigated extensively, the discussion on forecasting trading activity of properties is limited in the literature. The results of this study are expected to promote more interest in adopting a local perspective and using a diversity of predicted values when forecasting house trading volumes.

Author(s):  
P Sai Shankar ◽  
M Krishna Reddy

The primary object of this paper is to compare the traditional time series models with deep learning algorithm. The ARIMA model is developed to forecast Indian Gold prices using daily data for the period 2016 to 2020 obtained from World Gold Council. We fitted the ARIMA (2,1,2) model which exhibited the least AIC values. In the meanwhile, MLP, CNN and LSTM models are also examined to forecast the gold prices in India. Mean absolute error, mean absolute percentage error and root mean squared errors used to evaluate the forecasting performance of the models. Hence, LSTM model superior than that of the other three models for forecasting the gold prices in India.


2018 ◽  
Author(s):  
Woo Jung Kim ◽  
Ji Min Sung ◽  
David Sung ◽  
Myeong-Hun Chae ◽  
Suk Kyoon An ◽  
...  

BACKGROUND With the increase in the world’s aging population, there is a growing need to prevent and predict dementia among the general population. The availability of national time-series health examination data in South Korea provides an opportunity to use deep learning algorithm, an artificial intelligence technology, to expedite the analysis of mass and sequential data. OBJECTIVE This study aimed to compare the discriminative accuracy between a time-series deep learning algorithm and conventional statistical methods to predict all-cause dementia and Alzheimer dementia using periodic health examination data. METHODS Diagnostic codes in medical claims data from a South Korean national health examination cohort were used to identify individuals who developed dementia or Alzheimer dementia over a 10-year period. As a result, 479,845 and 465,081 individuals, who were aged 40 to 79 years and without all-cause dementia and Alzheimer dementia, respectively, were identified at baseline. The performance of the following 3 models was compared with predictions of which individuals would develop either type of dementia: Cox proportional hazards model using only baseline data (HR-B), Cox proportional hazards model using repeated measurements (HR-R), and deep learning model using repeated measurements (DL-R). RESULTS The discrimination indices (95% CI) for the HR-B, HR-R, and DL-R models to predict all-cause dementia were 0.84 (0.83-0.85), 0.87 (0.86-0.88), and 0.90 (0.90-0.90), respectively, and those to predict Alzheimer dementia were 0.87 (0.86-0.88), 0.90 (0.88-0.91), and 0.91 (0.91-0.91), respectively. The DL-R model showed the best performance, followed by the HR-R model, in predicting both types of dementia. The DL-R model was superior to the HR-R model in all validation groups tested. CONCLUSIONS A deep learning algorithm using time-series data can be an accurate and cost-effective method to predict dementia. A combination of deep learning and proportional hazards models might help to enhance prevention strategies for dementia.


2020 ◽  
Vol 12 (15) ◽  
pp. 6143
Author(s):  
Min-Seung Kim ◽  
Jeong-Hee Lee ◽  
Yong-Ju Jang ◽  
Chan-Ho Lee ◽  
Ji-Hye Choi ◽  
...  

Due to recent advancements in industrialization, climate change and overpopulation, air pollution has become an issue of global concern and air quality is being highlighted as a social issue. Public interest and concern over respiratory health are increasing in terms of a high reliability of a healthy life or the social sustainability of human beings. Air pollution can have various adverse or deleterious effects on human health. Respiratory diseases such as asthma, the subject of this study, are especially regarded as ‘directly affected’ by air pollution. Since such pollution is derived from the combined effects of atmospheric pollutants and meteorological environmental factors, and it is not easy to estimate its influence on feasible respiratory diseases in various atmospheric environments. Previous studies have used clinical and cohort data based on relatively a small number of samples to determine how atmospheric pollutants affect diseases such as asthma. This has significant limitations in that each sample of the collections is likely to produce inconsistent results and it is difficult to attempt the experiments and studies other than by those in the medical profession. This study mainly focuses on predicting the actual asthmatic occurrence while utilizing and analyzing the data on both the atmospheric and meteorological environment officially released by the government. We used one of the advanced analytic models, often referred to as the vector autoregressive model (VAR), which traditionally has an advantage in multivariate time-series analysis to verify that each variable has a significant causal effect on the asthmatic occurrence. Next, the VAR model was applied to a deep learning algorithm to find a prediction model optimized for the prediction of asthmatic occurrence. The average error rate of the hybrid deep neural network (DNN) model was numerically verified to be about 8.17%, indicating better performance than other time-series algorithms. The proposed model can help streamline the national health and medical insurance system and health budget management in South Korea much more effectively. It can also provide efficiency in the deployment and management of the supply and demand of medical personnel in hospitals. In addition, it can contribute to the promotion of national health, enabling advance alerts of the risk of outbreaks by the atmospheric environment for chronic asthma patients. Furthermore, the theoretical methodologies, experimental results and implications of this study will be able to contribute to our current issues of global change and development in that the meteorological and environmental data-driven, deep-learning prediction model proposed hereby would put forward a macroscopic directionality which leads to sustainable public health and sustainability science.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Qi Xiao ◽  
Rui Wang ◽  
Hongyu Sun ◽  
Limin Wang

PurposeThe paper aims to build a new objective evaluation method of fabric pilling by combining an integrated image analysis technology with a deep learning algorithm.Design/methodology/approachSeries of image analysis techniques were adopted. First, a Fourier transform transformed images into the frequency domain. The optimal resolution matrix of an exponential high-pass filter was determined by combining the energy algorithm. Second, the multidimensional discrete wavelet transform determined the optimal division level. Third, the iterative threshold method was used to enhance images to obtain a complete and clear pilling ball images. Finally, the deep learning algorithm was adopted to train data from pilling ball images, and the pilling levels were classified according to the learning features.FindingsThe paper provides a new insight about how to objectively evaluate fabric pilling grades. Results of the experiment indicate that the proposed objective evaluation method can obtain clear and complete pilling information and the classification accuracy rate of the deep learning algorithm is 94.2%, whose structures are rectified linear unit (ReLU) activation function, four hidden layers, cross-entropy learning rules and the regularization method.Research limitations/implicationsBecause the methodology of the paper is based on woven fabric, the research study’s results may lack generalizability. Therefore, researchers are encouraged to test other kinds of fabric further, such as knitted and unwoven fabrics.Originality/valueCombined with a series of image analysis technology, the integrated method can effectively extract clear and complete pilling information from pilled fabrics. Pilling grades can be classified by the deep learning algorithm with learning pilling information.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ibtehal Talal Nafea

Purpose This study aims to propose a new simulation approach for a real-life large and complex crowd management which takes into account deep learning algorithm. Moreover, the proposed model also determines the crowd level and also sends an alarm to avoid the crowd from exceeding its limit. Also, the model estimates crowd density in the pictures through which the study evaluates the deep learning algorithm approach to address the problem of crowd congestion. Furthermore, the suggested model comprises of two main components. The first takes the images of the moving crowd and classifies them into five categories such as “heavily crowded, crowded, semi-crowded, light crowded and normal,” whereas the second one comprises of colour warnings (five). The colour of these lights depends upon the results of the process of classification. The paper is structured as follows. Section 2 describes the theoretical background; Section 3 suggests the proposed approach followed by convolutional neural network (CNN) algorithm in Section 4. Sections 5 and 6 explain the data set and parameters as well as modelling network. Experiment, results and simulation evaluation are explained in Sections 7 and 8. Finally, this paper ends with conclusion which is Section 9 of this paper. Design/methodology/approach This paper addresses the issue of large-scale crowd management by exploiting the techniques and algorithms of simulation and deep learning. It focuses on a real-life case study of Hajj pilgrimage in Saudi Arabia that exhibits intricate pattern of crowd management. Hajj pilgrimage includes performing Umrah along with hajj that involves several steps which is a sacred prayer of Muslims performed at different time span of the year. Muslims from all over the world visit the holy city of Mecca to perform Tawaf that is one of the stages included in the performance of Hajj or Umrah, it is an obligatory step in prayer. Accordingly, all pilgrims require visiting Mataf to perform Tawaf. It is essential to control the crowd performing Tawaf systematically in a constrained place to avoid any mishap. This study proposed a model for crowd management system by using image classification and a system of alarm to manage millions of people during Hajj. This proposed system highly depends on the adequate data set used to train CNN which is a deep learning technique and has recently drawn the attention of the research community as well as the industry in changing applications of image classification and the recognition of speed. The purpose is to train the model with mapped image data, making it available to be used in classifying the crowd into five categories like crowded, heavily crowded, semi-crowded, normal and light-crowded. The results produce adequate signals as they prove to be helpful in terms of monitoring the pilgrims which shows its usefulness. Findings After the first attempt of adding the first convolutional layer with 32 filters, the accuracy is not good and stands out at about 55%. Therefore, the algorithm is further improved by adding the second layer with 64 filters. This attempt is a success as it gives more improved results with an accuracy of 97%. After using the dropout fraction as a 0.5 to prevent overfitting, the test and training accuracy of 98% is achieved which is acceptable training and testing accuracy. Originality/value This study has proposed a model to solve the problem related to estimation of the level of congestion to avoid any accidents from happening because of it. This can be applied to the monitoring schemes that are used during Hajj, especially in crowd management during Tawaf. The model works as such that it activates an alarm when the default crowd limit exceeds. In this way, chances of the crowd reaching a dangerous level are reduced which minimizes the potential accidents that might take place. The model has a traffic light system, the appearance of red light means that the number of pilgrims in a particular area has exceeded its default limit and then it alerts to stop the migration of people to that particular area. The yellow light indicates that the number of pilgrims entering and leaving a particular area has equalized, then the pilgrims are suggested to slower their pace. Finally, the green light shows that the level of the crowd in a particular area is low and that the pilgrims can move freely in that area. The proposed model is simple and user friendly as it uses the most common traffic light system which makes it easier for the pilgrims to understand and follow accordingly.


2017 ◽  
Vol 85 ◽  
pp. 292-304 ◽  
Author(s):  
Stratis Kanarachos ◽  
Stavros-Richard G. Christopoulos ◽  
Alexander Chroneos ◽  
Michael E. Fitzpatrick

10.2196/13139 ◽  
2019 ◽  
Vol 7 (3) ◽  
pp. e13139 ◽  
Author(s):  
Woo Jung Kim ◽  
Ji Min Sung ◽  
David Sung ◽  
Myeong-Hun Chae ◽  
Suk Kyoon An ◽  
...  

Background With the increase in the world’s aging population, there is a growing need to prevent and predict dementia among the general population. The availability of national time-series health examination data in South Korea provides an opportunity to use deep learning algorithm, an artificial intelligence technology, to expedite the analysis of mass and sequential data. Objective This study aimed to compare the discriminative accuracy between a time-series deep learning algorithm and conventional statistical methods to predict all-cause dementia and Alzheimer dementia using periodic health examination data. Methods Diagnostic codes in medical claims data from a South Korean national health examination cohort were used to identify individuals who developed dementia or Alzheimer dementia over a 10-year period. As a result, 479,845 and 465,081 individuals, who were aged 40 to 79 years and without all-cause dementia and Alzheimer dementia, respectively, were identified at baseline. The performance of the following 3 models was compared with predictions of which individuals would develop either type of dementia: Cox proportional hazards model using only baseline data (HR-B), Cox proportional hazards model using repeated measurements (HR-R), and deep learning model using repeated measurements (DL-R). Results The discrimination indices (95% CI) for the HR-B, HR-R, and DL-R models to predict all-cause dementia were 0.84 (0.83-0.85), 0.87 (0.86-0.88), and 0.90 (0.90-0.90), respectively, and those to predict Alzheimer dementia were 0.87 (0.86-0.88), 0.90 (0.88-0.91), and 0.91 (0.91-0.91), respectively. The DL-R model showed the best performance, followed by the HR-R model, in predicting both types of dementia. The DL-R model was superior to the HR-R model in all validation groups tested. Conclusions A deep learning algorithm using time-series data can be an accurate and cost-effective method to predict dementia. A combination of deep learning and proportional hazards models might help to enhance prevention strategies for dementia.


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