scholarly journals Multistep-Ahead Stock Price Forecasting Based on Secondary Decomposition Technique and Extreme Learning Machine Optimized by the Differential Evolution Algorithm

2020 ◽  
Vol 2020 ◽  
pp. 1-13
Author(s):  
Zhenpeng Tang ◽  
Tingting Zhang ◽  
Junchuan Wu ◽  
Xiaoxu Du ◽  
Kaijie Chen
Keyword(s):  
Differential Evolution ◽  
Extreme Learning Machine ◽  
Hybrid Model ◽  
Stock Price ◽  
Differential Evolution Algorithm ◽  
Prediction Performance ◽  
Stock Index ◽  
Decomposition Technique ◽  
Mode Decomposition ◽  
Learning Machine

The prediction research of the stock market prices is of great significance. Based on the secondary decomposition techniques of variational mode decomposition (VMD) and ensemble empirical mode decomposition (EEMD), this paper constructs a new hybrid prediction model by combining with extreme learning machine (ELM) optimized by the differential evolution (DE) algorithm. The hybrid model applies VMD technology to the original stock index price sequence to obtain different modal components and the residual item, then applies EEMD technology to the residual item, and then superimposes the prediction results of the DE-ELM model for each modal component and the residual item to obtain the final prediction results. In order to verify the validity of the model, this paper constructs a series of benchmark models and, respectively, tests the samples of the S&P 500 index and the HS300 index by one-step, three-step, and five-step forward forecasting. The empirical results show that the hybrid model proposed in this paper achieves the best prediction performance in all prediction scenarios, which indicates that the modeling idea focusing on the residual term effectively improves the prediction performance of the model. In addition, the prediction effect of the model combined with the decomposition technology is superior to the single DE-ELM model, where the secondary decomposition technique has a significant decomposition advantage compared to the single decomposition technique.

scholarly journals An Adaptive Variational Mode Decomposition Technique with Differential Evolution Algorithm and Its Application Analysis

2021 ◽  
Vol 2021 ◽  
pp. 1-5
Author(s):  
Yuanxin Wang
Keyword(s):  
Differential Evolution ◽  
Differential Evolution Algorithm ◽  
Decomposition Technique ◽  
Variational Mode Decomposition ◽  
Mode Decomposition ◽  
Penalty Factor ◽  
Application Analysis ◽  
Evolution Algorithm ◽  
Decomposition Number ◽  
Selection Of

Variational mode decomposition is an adaptive nonrecursive signal decomposition and time-frequency distribution estimation method. The improper selection of the decomposition number will cause under decomposition or over decomposition, and the improper selection of the penalty factor will affect the bandwidth of modal components, so it is very necessary to look for the optimal parameter combination of the decomposition number and the penalty factor of variational mode decomposition. Hence, differential evolution algorithm is used to look for the optimization combination of the decomposition number and the penalty factor of variational mode decomposition because differential evolution algorithm has a good ability at global searching. The method is called adaptive variational mode decomposition technique with differential evolution algorithm. Application analysis and discussion of the adaptive variational mode decomposition technique with differential evolution algorithm are employed by combining with the experiment. The conclusions of the experiment are that the decomposition performance of the adaptive variational mode decomposition technique with differential evolution algorithm is better than that of variational mode decomposition.

scholarly journals Extreme Learning Machine combined with a Differential Evolution algorithm for lithology identification

2018 ◽  
Vol 25 (4) ◽  
pp. 43 ◽  
Author(s):  
Camila Martins Saporetti ◽  
Grasiele Regina Duarte ◽  
Tales Lima Fonseca ◽  
Leonardo Goliatt Da Fonseca ◽  
Egberto Pereira
Keyword(s):  
Differential Evolution ◽  
Extreme Learning Machine ◽  
Reservoir Characterization ◽  
Differential Evolution Algorithm ◽  
Activation Function ◽  
Development Planning ◽  
Lithology Identification ◽  
Learning Machine ◽  
The Cost

Lithology identification, obtained through the analysis of several geophysical properties, has an important role in the process of characterization of oil reservoirs. The identification can be accomplished by direct and indirect methods, but these methods are not always feasible because of the cost or imprecision of the results generated. Consequently, there is a need to automate the procedure of reservoir characterization and, in this context, computational intelligence techniques appear as an alternative to lithology identification. However, to acquire proper performance, usually some parameters should be adjusted and this can become a hard task depending on the complexity of the underlying problem. This paper aims to apply an Extreme Learning Machine (ELM) adjusted with a Differential Evolution (DE) to classify data from the South Provence Basin, using a previously published paper as a baseline reference. The paper contributions include the use of an evolutionary algorithm as a tool for search on the hyperparameters of the ELM. In addition, an  activation function recently proposed in the literature is implemented and tested. The  computational approach developed here has the potential to assist in petrographic data classification and helps to improve the process of reservoir characterization and the production development planning.

A novel hybrid model using the rotation forest-based differential evolution online sequential extreme learning machine for illumination correction of dyed fabrics

2018 ◽  
Vol 89 (7) ◽  
pp. 1180-1197 ◽  
Author(s):  
Zhiyu Zhou ◽  
Xu Gao ◽  
Jianxin Zhang ◽  
Zefei Zhu ◽  
Xudong Hu
Keyword(s):  
Differential Evolution ◽  
Extreme Learning Machine ◽  
Prediction Accuracy ◽  
Differential Evolution Algorithm ◽  
Image Features ◽  
Support Vector ◽  
Rotation Forest ◽  
Generalization Ability ◽  
Learning Machine ◽  
Hidden Layer

This study proposes an ensemble differential evolution online sequential extreme learning machine (DE-OSELM) for textile image illumination correction based on the rotation forest framework. The DE-OSELM solves the inaccuracy and long training time problems associated with traditional illumination correction algorithms. First, the Grey–Edge framework is used to extract the low-dimensional and efficient image features as online sequential extreme learning machine (OSELM) input vectors to improve the training and learning speed of the OSELM. Since the input weight and hidden-layer bias of OSELMs are randomly obtained, the OSELM algorithm has poor prediction accuracy and low robustness. To overcome this shortcoming, a differential evolution algorithm that has the advantages of good global search ability and robustness is used to optimize the input weight and hidden-layer bias of the DE-OSELM. To further improve the generalization ability and robustness of the illumination correction model, the rotation forest algorithm is used as the ensemble framework, and the DE-OSELM is used as the base learner to replace the regression tree algorithm in the original rotation forest algorithm. Then, the obtained multiple different DE-OSELM learners are aggregated to establish the prediction model. The experimental results show that compared with the textile color correction algorithm based on the support vector regression and extreme learning machine algorithms, the ensemble illumination correction method achieves high prediction accuracy, strong robustness, and good generalization ability.

scholarly journals Fabric Defect Detection and Classifier via Multi-Scale Dictionary Learning and an Adaptive Differential Evolution Optimized Regularization Extreme Learning Machine

2019 ◽  
Vol 27 (1(133)) ◽  
pp. 67-77 ◽  
Author(s):  
Zhiyu Zhou ◽  
Chao Wang ◽  
Xu Gao ◽  
Zefei Zhu ◽  
Xudong Hu ◽  
...  
Keyword(s):  
Differential Evolution ◽  
Extreme Learning Machine ◽  
Dictionary Learning ◽  
Gabor Filter ◽  
Differential Evolution Algorithm ◽  
Adaptive Mutation ◽  
Multi Scale ◽  
Adaptive Differential Evolution ◽  
Evolution Algorithm ◽  
Learning Machine

To develop an automatic detection and classifier model for fabric defects, a novel detection and classifier technique based on multi-scale dictionary learning and the adaptive differential evolution algorithm optimised regularisation extreme learning machine (ADE-RELM) is proposed. Firstly in order to speed up dictionary updating under the condition of guaranteeing dictionary sparseness, k-means singular value decomposition (KSVD) dictionary learning is used. Then multi-scale KSVD dictionary learning is presented to extract texture features of textile images more accurately. Finally a unique ADE-RELM is designed to build a defect classifier model. In the training ADE-RELM classifier stage, a self-adaptive mutation operator is used to solve the parameter setting problem of the original differential evolution algorithm, then the adaptive differential evolution algorithm is utilised to calculate the optimal input weights and hidden bias of RELM. The method proposed is committed to detecting common defects like broken warp, broken weft, oil, and the declining warp of grey-level and pure colour fabrics. Experimental results show that compared with the traditional Gabor filter method, morphological operation and local binary pattern, the method proposed in this paper can locate defects precisely and achieve high detection efficiency.

scholarly journals A Hydraulic Pump Fault Diagnosis Method Based on the Modified Ensemble Empirical Mode Decomposition and Wavelet Kernel Extreme Learning Machine Methods

Sensors ◽  
2021 ◽  
Vol 21 (8) ◽  
pp. 2599
Author(s):  
Zhenbao Li ◽  
Wanlu Jiang ◽  
Sheng Zhang ◽  
Yu Sun ◽  
Shuqing Zhang
Keyword(s):  
Fault Diagnosis ◽  
Extreme Learning Machine ◽  
Recognition Accuracy ◽  
Ensemble Empirical Mode Decomposition ◽  
Hydraulic Pump ◽  
Vibration Signals ◽  
Mode Decomposition ◽  
Diagnosis Method ◽  
Kernel Extreme Learning Machine ◽  
Learning Machine

To address the problem that the faults in axial piston pumps are complex and difficult to effectively diagnose, an integrated hydraulic pump fault diagnosis method based on the modified ensemble empirical mode decomposition (MEEMD), autoregressive (AR) spectrum energy, and wavelet kernel extreme learning machine (WKELM) methods is presented in this paper. First, the non-linear and non-stationary hydraulic pump vibration signals are decomposed into several intrinsic mode function (IMF) components by the MEEMD method. Next, AR spectrum analysis is performed for each IMF component, in order to extract the AR spectrum energy of each component as fault characteristics. Then, a hydraulic pump fault diagnosis model based on WKELM is built, in order to extract the features and diagnose faults of hydraulic pump vibration signals, for which the recognition accuracy reached 100%. Finally, the fault diagnosis effect of the hydraulic pump fault diagnosis method proposed in this paper is compared with BP neural network, support vector machine (SVM), and extreme learning machine (ELM) methods. The hydraulic pump fault diagnosis method presented in this paper can diagnose faults of single slipper wear, single slipper loosing and center spring wear type with 100% accuracy, and the fault diagnosis time is only 0.002 s. The results demonstrate that the integrated hydraulic pump fault diagnosis method based on MEEMD, AR spectrum, and WKELM methods has higher fault recognition accuracy and faster speed than existing alternatives.

scholarly journals Short-Term Electricity Price Forecasting by Employing Ensemble Empirical Mode Decomposition and Extreme Learning Machine

Forecasting ◽  
2021 ◽  
Vol 3 (3) ◽  
pp. 460-477
Author(s):  
Sajjad Khan ◽  
Shahzad Aslam ◽  
Iqra Mustafa ◽  
Sheraz Aslam
Keyword(s):  
Extreme Learning Machine ◽  
Empirical Mode Decomposition ◽  
Electricity Market ◽  
Ensemble Empirical Mode Decomposition ◽  
Electricity Price ◽  
Price Forecasting ◽  
Short Term ◽  
Mode Decomposition ◽  
Electricity Price Forecasting ◽  
Learning Machine

Day-ahead electricity price forecasting plays a critical role in balancing energy consumption and generation, optimizing the decisions of electricity market participants, formulating energy trading strategies, and dispatching independent system operators. Despite the fact that much research on price forecasting has been published in recent years, it remains a difficult task because of the challenging nature of electricity prices that includes seasonality, sharp fluctuations in price, and high volatility. This study presents a three-stage short-term electricity price forecasting model by employing ensemble empirical mode decomposition (EEMD) and extreme learning machine (ELM). In the proposed model, the EEMD is employed to decompose the actual price signals to overcome the non-linear and non-stationary components in the electricity price data. Then, a day-ahead forecasting is performed using the ELM model. We conduct several experiments on real-time data obtained from three different states of the electricity market in Australia, i.e., Queensland, New South Wales, and Victoria. We also implement various deep learning approaches as benchmark methods, i.e., recurrent neural network, multi-layer perception, support vector machine, and ELM. In order to affirm the performance of our proposed and benchmark approaches, this study performs several performance evaluation metric, including the Diebold–Mariano (DM) test. The results from the experiments show the productiveness of our developed model (in terms of higher accuracy) over its counterparts.

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