Skip to main content

Table 7 Comparison of the outcome of the Markov chain and fuzzy interrelated method with other existing methods

From: An integrated new threshold FCMs Markov chain based forecasting model for analyzing the power of stock trading trend

Stock Name

Mean absolute per cent error (MAPE) in forecast for test dataset

Observed trend

Existing trend

Error

ARIMA

HiMMI

ANN-GA-HMM Interpolation

Hassan fusion model with weighted average

The proposed model MAPE tolerance limit

IBM Corp.

0.9723

1.2186

1.0555

0.8487

(−2.03, 3.68)

S/M trend

S/M trend

Zero

APPLE Comp. Inc.

1.8009

2.8373

2.1650

1.9247

(−9.15, 11.14)

Uptrend

Uptrend

Zero

DELL Inc.

0.6604

1.0117

0.8446

0.6992

(−3.42, 8.22)

S/M trend

S/M trend

Zero

  1. Train dataset collected from 10.2.2003 to 10.9.2004
  2. Test dataset collected from 13.9.2004 to 21.1.2005
  3. S/M Sideways or mixed