South Africa is a cornucopia of the platinum group metals particularly platinum and palladium. These metals have many unique physical and chemical characteristics which render them indispensable to technology and industry, the markets and the medical field. In this paper we carry out a holistic investigation on long memory (LM), structural breaks and stylized facts in platinum and palladium ret...

ARFIMA models generated an enormous amount of interest in the literature about three decades ago. However, this interest vaned after Granger (1999) showed that an ARFIMA process might have stochastic properties that do not mimic the properties of the data at all. The empirical results of our research in which we used exchange rate data for the analysis, show that a variant of an ARFIMA process ...

Financial time series such as stock prices, inflation rates, interest and exchange rates are known to exhibit upward downward trend often possesses long memory volatility behavior. These behaviors crucial in the analysis, modeling forecasting of data. Unfortunately, many analysts don’t take into consideration consequences while financial Therefore, this paper intends examine effect Exchange Rat...

ARFIMA is a time series forecasting model, which is an improve d ARMA model, the ARFIMA model proposed in this article is d emonstrated and deduced in detail. combined with network traffi c of CERNET backbone and the ARFIMA model,the result sho ws that,compare to the ARMA model, the prediction efficiency a nd accuracy has increased significantly, and not susceptible to sa mpling.

Heart Rate Variability (HRV) series exhibit long memory and time-varying conditional variance. This work considers the Fractionally Integrated AutoRegressive Moving Average (ARFIMA) models with Generalized AutoRegressive Conditional Heteroscedastic (GARCH) errors. ARFIMA-GARCH models may be used to capture and remove long memory and estimate the conditional volatility in 24 h HRV recordings. Th...

We evaluate the performance of autoregressive, fractionally integrated, moving average (ARFIMA) modelling for detecting long-range dependence and estimating fractal exponents. More specifically, we test the procedure proposed by Wagenmakers, Farrell, and Ratcliff, and compare the results obtained with the Akaike information criterion (AIC) and the Bayes information criterion (BIC). The present ...

Pariwisata dianggap sebagai suatu aset yang strategis untuk mendorong pembangunan pada wilayah-wilayah tertentu mempunyai potensi objek wisata. Faktor-faktor mempengaruhi wisatawan mancanegara berkunjung ke wilayah negara, diantaranya nilai tukar mata uang, inflasi disuatu kunjungan wisatawan, dan letak geografis negara. Peningkatan tidak terduga jumlah ini dapat berdampak kesulitan bagi para p...