A chemical-reaction-optimization-based neuro-fuzzy hybrid network for stock closing price prediction

Financial Innovation

Table 7 One-day-ahead forecasting comparison

Stock Index	Model	MAPE	NMSE	MDAPE	R2	ARV
DJIA	CNFN	0.003921	0.002586	0.001371	0.967062	0.003922
	MLP-CRO	0.005877	0.007463	0.002105	0.953123	0.006825
	MLP-BP	0.026483	0.028210	0.100735	0.890663	0.063320
	ANFIS	0.009267	0.005935	0.008326	0.936653	0.017438
	RBFNN	0.008309	0.008837	0.005733	0.954482	0.008492
FTSE	CNFN	0.006739	0.000215	0.002723	0.984023	0.005749
	MLP-CRO	0.008334	0.000461	0.003659	0.979107	0.008350
	MLP-BP	0.058463	0.008563	0.038740	0.923005	0.017305
	ANFIS	0.009438	0.005582	0.006637	0.958270	0.008677
	RBFNN	0.008306	0.009452	0.008920	0.910035	0.006774
BSE	CNFN	0.001739	0.000138	0.000997	0.998460	0.003575
	MLP-CRO	0.002683	0.000105	0.001179	0.986293	0.005125
	MLP-BP	0.052281	0.008567	0.008879	0.886585	0.030067
	ANFIS	0.006653	0.002256	0.004653	0.920875	0.007549
	RBFNN	0.002310	0.020644	0.004655	0.921167	0.008407
TAIEX	CNFN	0.003748	0.000206	0.004235	0.996919	0.003988
	MLP-CRO	0.008875	0.000236	0.006847	0.993565	0.007448
	MLP-BP	0.020044	0.007432	0.060552	0.894052	0.065505
	ANFIS	0.006840	0.003054	0.008804	0.960054	0.004490
	RBFNN	0.006822	0.003205	0.008825	0.962205	0.005628
NASDAQ	CNFN	0.006035	0.000886	0.002926	0.984520	0.005965
	MLP-CRO	0.007734	0.001465	0.004650	0.969155	0.008555
	MLP-BP	0.057465	0.008706	0.029874	0.926300	0.010375
	ANFIS	0.009108	0.005985	0.007635	0.950827	0.004967
	RBFNN	0.008500	0.009655	0.008966	0.940535	0.004764