Table 7 Average improvement in series and parallel models over ARIMA and MLP models for S&P 500
From: Performance evaluation of series and parallel strategies for financial time series forecasting
Hybrid model | ARIMA | MLP | ||||||
|---|---|---|---|---|---|---|---|---|
Train (%) | Test (%) | Train (%) | Test (%) | |||||
MAE | MSE | MAE | MSE | MAE | MSE | MAE | MSE | |
Series models | 0.69 | 2.05 | 2.66 | 8.82 | 0.3 | 1.02 | 1.40 | 1.25 |
Parallel models | 0.49 | 0.63 | 1.45 | 6.37 | 0.00 | −0.21 | 1.04 | 0.52 |