Financial time sequence analysis has been a popular research topic in the field of finance, data science and machine learning. It is a highly challenging due to the extreme complexity within the sequences. Mostly existing models are failed to capture its intrinsic information, factor and tendency. To improve the previous approaches, in this paper, we propose a Hidden Markov Model (HMMs) based a...

Abstract This paper reiterates the importance of corporate governance in banks. Failure prediction studies have mainly relied on using financial ratios as predictors. The most suitable predictors for banks are following CAMEL rating system. Also, has been proven to be an important aspect banks, especially after crisis. Given its importance, novelty this is test ability increase accuracy and ext...

In this paper a novel method for designing hierarchical fuzzy logic Systems are investigated. A new method using genetic algorithms for design of hierarchical fuzzy logic systems are proposed. The proposed method is then applied to financial modelling and prediction. A hierarchical fuzzy logic system is developed to predict quarterly interest rates in Australia. The new method proposed determin...

Financial time series prediction is regarded as one of the most challengingtasks due to the inherent noise and non-stationality of the data. This paperproposed a two-stage financial time series prediction approach hybridizingsupport vector regression (SVR) with hierarchical clustering (HC). By averaging the variables within the clusters obtained from hierarchical clustering, we define super pre...

With the recent financial crisis and European debt crisis, corporate bankruptcy prediction has become an increasingly important issue for financial institutions. Many statistical and intelligent methods have been proposed, however, there is no overall best method has been used in predicting corporate bankruptcy. Recent studies suggest ensemble learning methods may have potential applicability i...

This paper presents an alternative technique for financial distress prediction systems. The method is based on a type of neural network, which is called hybrid associative memory with translation. While many different neural network architectures have successfully been used to predict credit risk and corporate failure, the power of associative memories for financial decision-making has not been...

This paper is mainly concerned about intelligent forecasting for financial time series subject to structural changes. For example, it is well known that interest rates are subject to structural changes due to external shocks such as government monetary policy change. Such structural changes usually make prediction harder if they are not properly taken care of. Recently, Oh and Kim (2002a, 2002b...

Automated trading systems for financial markets can use data mining techniques for future price movement prediction. However, classifier accuracy is only one important component in such a system: the other is a decision procedure utilizing the prediction in order to be long, short or out of the market. In this paper, we investigate the use of technical indicators as a means of deciding when to ...