scholarly journals Is It Possible to Forecast the Price of Bitcoin?

Forecasting ◽  
2021 ◽  
Vol 3 (2) ◽  
pp. 377-420
Author(s):  
Julien Chevallier ◽  
Dominique Guégan ◽  
Stéphane Goutte

This paper focuses on forecasting the price of Bitcoin, motivated by its market growth and the recent interest of market participants and academics. We deploy six machine learning algorithms (e.g., Artificial Neural Network, Support Vector Machine, Random Forest, k-Nearest Neighbours, AdaBoost, Ridge regression), without deciding a priori which one is the ‘best’ model. The main contribution is to use these data analytics techniques with great caution in the parameterization, instead of classical parametric modelings (AR), to disentangle the non-stationary behavior of the data. As soon as Bitcoin is also used for diversification in portfolios, we need to investigate its interactions with stocks, bonds, foreign exchange, and commodities. We identify that other cryptocurrencies convey enough information to explain the daily variation of Bitcoin’s spot and futures prices. Forecasting results point to the segmentation of Bitcoin concerning alternative assets. Finally, trading strategies are implemented.

2019 ◽  
Vol 11 (11) ◽  
pp. 3222 ◽  
Author(s):  
Pascal Schirmer ◽  
Iosif Mporas

In this paper we evaluate several well-known and widely used machine learning algorithms for regression in the energy disaggregation task. Specifically, the Non-Intrusive Load Monitoring approach was considered and the K-Nearest-Neighbours, Support Vector Machines, Deep Neural Networks and Random Forest algorithms were evaluated across five datasets using seven different sets of statistical and electrical features. The experimental results demonstrated the importance of selecting both appropriate features and regression algorithms. Analysis on device level showed that linear devices can be disaggregated using statistical features, while for non-linear devices the use of electrical features significantly improves the disaggregation accuracy, as non-linear appliances have non-sinusoidal current draw and thus cannot be well parametrized only by their active power consumption. The best performance in terms of energy disaggregation accuracy was achieved by the Random Forest regression algorithm.


Author(s):  
Muhammad Azam Zia ◽  
◽  
Zhongbao Zhang ◽  
Guangda Li ◽  
Haseeb Ahmad ◽  
...  

Prediction of rising stars has become a core issue in data mining and social networks. Prediction of rising venues could unveil rapidly emerging research venues in citation network. The aim of this research is to predict the rising venues. First, we presented five effective prediction features along with their mathematical formulations for extracting rising venues. The underlying features are composed by incorporating the citation count, publications, cited to and cited by information at venue level. For prediction purpose, we employ four machine learning algorithms including Bayesian Network, Support Vector Machine, Multilayer Perceptron and Random Forest. Experimental results demonstrate that proposed features set are effective for rising venues prediction. Our empirical analysis spotlights the rising venues that demonstrate the continuous improvement over time and finally become the leading scientific venues.


The prediction of price for a vehicle has been more popular in research area, and it needs predominant effort and information about the experts of this particular field. The number of different attributes is measured and also it has been considerable to predict the result in more reliable and accurate. To find the price of used vehicles a well defined model has been developed with the help of three machine learning techniques such as Artificial Neural Network, Support Vector Machine and Random Forest. These techniques were used not on the individual items but for the whole group of data items. This data group has been taken from some web portal and that same has been used for the prediction. The data must be collected using web scraper that was written in PHP programming language. Distinct machine learning algorithms of varying performances had been compared to get the best result of the given data set. The final prediction model was integrated into Java application


Webology ◽  
2021 ◽  
Vol 18 (Special Issue 04) ◽  
pp. 591-606
Author(s):  
R. Brindha ◽  
Dr.M. Thillaikarasi

Big data analytics (BDA) is a system based method with an aim to recognize and examine different designs, patterns and trends under the big dataset. In this paper, BDA is used to visualize and trends the prediction where exploratory data analysis examines the crime data. “A successive facts and patterns have been taken in following cities of California, Washington and Florida by using statistical analysis and visualization”. The predictive result gives the performance using Keras Prophet Model, LSTM and neural network models followed by prophet model which are the existing methods used to find the crime data under BDA technique. But the crime actions increases day by day which is greater task for the people to overcome the challenging crime activities. Some ignored the essential rate of influential aspects. To overcome these challenging problems of big data, many studies have been developed with limited one or two features. “This paper introduces a big data introduces to analyze the influential aspects about the crime incidents, and examine it on New York City. The proposed structure relates the dynamic machine learning algorithms and geographical information system (GIS) to consider the contiguous reasons of crime data. Recursive feature elimination (RFE) is used to select the optimum characteristic data. Exploitation of gradient boost decision tree (GBDT), logistic regression (LR), support vector machine (SVM) and artificial neural network (ANN) are related to develop the optimum data model. Significant impact features were then reviewed by applying GBDT and GIS”. The experimental results illustrates that GBDT along with GIS model combination can identify the crime ranking with high performance and accuracy compared to existing method.”


2015 ◽  
Vol 2015 ◽  
pp. 1-11
Author(s):  
J. Gilberto Rodríguez-Escobedo ◽  
Christian A. García-Sepúlveda ◽  
Juan C. Cuevas-Tello

Killer-cell immunoglobulin-like receptors (KIRs) are membrane proteins expressed by cells of innate and adaptive immunity. The KIR system consists of 17 genes and 614 alleles arranged into different haplotypes. KIR genes modulate susceptibility to haematological malignancies, viral infections, and autoimmune diseases. Molecular epidemiology studies rely on traditional statistical methods to identify associations between KIR genes and disease. We have previously described our results by applying support vector machines to identify associations between KIR genes and disease. However, rules specifying which haplotypes are associated with greater susceptibility to malignancies are lacking. Here we present the results of our investigation into the rules governing haematological malignancy susceptibility. We have studied the different haplotypic combinations of 17 KIR genes in 300 healthy individuals and 43 patients with haematological malignancies (25 with leukaemia and 18 with lymphomas). We compare two machine learning algorithms against traditional statistical analysis and show that the “a priori” algorithm is capable of discovering patterns unrevealed by previous algorithms and statistical approaches.


Author(s):  
Cong Feng ◽  
Jie Zhang

Effective short-term load forecasting (STLF) plays an important role in demand-side management and power system operations. In this paper, STLF with three aggregation strategies are developed, which are information aggregation (IA), model aggregation (MA), and hierarchy aggregation (HA). The IA, MA, and HA strategies aggregate inputs, models, and forecasts, respectively, at different stages in the forecasting process. To verify the effectiveness of the three aggregation STLF, a set of 10 models based on 4 machine learning algorithms, i.e., artificial neural network, support vector machine, gradient boosting machine, and random forest, are developed in each aggregation group to predict 1-hour-ahead load. Case studies based on 2-year of university campus data with 13 individual buildings showed that: (a) STLF with three aggregation strategies improves forecasting accuracy, compared with benchmarks without aggregation; (b) STLF-IA consistently presents superior behavior than STLF based on weather data and STLF based on individual load data; (c) MA reduces the occurrence of unsatisfactory single-algorithm STLF models, therefore enhancing the STLF robustness; (d) STLF-HA produces the most accurate forecasts in distinctive load pattern scenarios due to calendar effects.


Author(s):  
Rachaell Nihalaani

Abstract: As Plato once rightfully said, ‘Music gives a soul to the universe, wings to the mind, flight to the imagination and life to everything.’ Music has always been an important art form, and more so in today’s science-driven world. Music genre classification paves the way for other applications such as music recommender models. Several approaches could be used to classify music genres. In this literature, we aimed to build a machine learning model to classify the genre of an input audio file using 8 machine learning algorithms and determine which algorithm is the best suitable for genre classification. We have obtained an accuracy of 91% using the XGBoost algorithm. Keywords: Machine Learning, Music Genre Classification, Decision Trees, K Nearest Neighbours, Logistic regression, Naïve Bayes, Neural Networks, Random Forest, Support Vector Machine, XGBoost


Author(s):  
Faraz Ahmad ◽  
S. A. M. Rizvi

<p>Twitter is one of the most influential social media platforms, facilitates the spreading of information in the form of text, images, and videos. However, the credibility of posted content is still trailed by an interrogation mark. Introduction: In this paper, a model has been developed for finding the user’s credibility based on the tweets which they had posted on Twitter social networks. The model consists of machine learning algorithms that assist not only in categorizing the tweets into credibility classes but also helps in finding user’s credibility ratings on the social media platform. Methods and results: The dataset and associated features of 100,000 tweets were extracted and pre-processed. Furthermore, the credibility class labelling of tweets was performed using four different human annotators. The meaning cloud and natural language understanding platforms were used for calculating the polarity, sentiment, and emotions score. The K-Means algorithm was applied for finding the clusters of tweets based on features set, whereas, random forest, support vector machine, naïve Bayes, K-nearest-neighbours (KNN), J48 decision tree, and multilayer perceptron were used for classifying the tweets into credibility classes. A significant level of accuracy, precision, and recall was provided by all the classifiers for all the given credibility classes.</p>


2020 ◽  
Author(s):  
Ravindra Kumar Singh ◽  
Harsh Kumar Verma

Abstract The extensive usage of social media polarity analysis claims the need for real-time analytics and runtime outcomes on dashboards. In data analytics, only 30% of the time is consumed in modeling and evaluation stages and 70% is consumed in data engineering tasks. There are lots of machine learning algorithms to achieve a desirable outcome in prediction points of view, but they lack in handling data and their transformation so-called data engineering tasks, and reducing its time remained still challenging. The contribution of this research paper is to encounter the mentioned challenges by presenting a parallelly, scalable, effective, responsive and fault-tolerant framework to perform end-to-end data analytics tasks in real-time and batch-processing manner. An experimental analysis on Twitter posts supported the claims and signifies the benefits of parallelism of data processing units. This research has highlighted the importance of processing mentioned URLs and embedded images along with post content to boost the prediction efficiency. Furthermore, this research additionally provided a comparison of naive Bayes, support vector machines, extreme gradient boosting and long short-term memory (LSTM) machine learning techniques for sentiment analysis on Twitter posts and concluded LSTM as the most effective technique in this regard.


2020 ◽  
Vol 10 (1) ◽  
Author(s):  
Rinu Chacko ◽  
Deepak Jain ◽  
Manasi Patwardhan ◽  
Abhishek Puri ◽  
Shirish Karande ◽  
...  

Abstract Machine learning and data analytics are being increasingly used for quantitative structure property relation (QSPR) applications in the chemical domain where the traditional Edisonian approach towards knowledge-discovery have not been fruitful. The perception of odorant stimuli is one such application as olfaction is the least understood among all the other senses. In this study, we employ machine learning based algorithms and data analytics to address the efficacy of using a data-driven approach to predict the perceptual attributes of an odorant namely the odorant characters (OC) of “sweet” and “musky”. We first analyze a psychophysical dataset containing perceptual ratings of 55 subjects to reveal patterns in the ratings given by subjects. We then use the data to train several machine learning algorithms such as random forest, gradient boosting and support vector machine for prediction of the odor characters and report the structural features correlating well with the odor characters based on the optimal model. Furthermore, we analyze the impact of the data quality on the performance of the models by comparing the semantic descriptors generally associated with a given odorant to its perception by majority of the subjects. The study presents a methodology for developing models for odor perception and provides insights on the perception of odorants by untrained human subjects and the effect of the inherent bias in the perception data on the model performance. The models and methodology developed here could be used for predicting odor characters of new odorants.


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