In this study, an empirical mode decomposition (EMD) based neural network ensemble learning model is proposed for world crude oil spot price modeling and forecasting. For this purpose, the original crude oil spot price series were first decomposed into a finite and often small number of intrinsic mode functions (IMFs). Then the three-layer feed-forward neural network (FNN) model was used to mod...

In this big data era, it is more urgent than ever to solve two major issues: (i) fast data transmission methods that can facilitate access to data from non-local sources and (ii) fast and efficient data analysis methods that can reveal the key information from the available data for particular purposes. Although approaches in different fields to address these two questions may differ significan...

Abstract: The Complete Ensemble Empirical Mode Decomposition with Adaptive Noise (CEEMDAN) has been used to propose a new method for filtering time series originating from nonlinear systems. The filtering method is based on fuzzy entropy and a new waveform. A new waveform is defined wherein Intrinsic Mode Functions (IMFs)—which are obtained by CEEMDAN algorithm—are firstly sorted in ascending o...

This paper presented a novel procedure based on the ensemble empirical mode decomposition and extreme learning machine. Firstly, EEMD was utilized to decompose the vibration signals into a number of IMFs adaptively and the permutation entropy of each IMF was calculated to generate the fault feature matrix. Secondly, a new extreme learning machine was proposed by combining ensemble extreme learn...