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  • Review
  • Open Access
32 Citations
54,195 Views
35 Pages

Cryptocurrency Price Prediction Algorithms: A Survey and Future Directions

  • David L. John,
  • Sebastian Binnewies and
  • Bela Stantic

15 August 2024

In recent years, cryptocurrencies have received substantial attention from investors, researchers and the media due to their volatile behaviour and potential for high returns. This interest has led to an expanding body of research aimed at predicting...

(This article belongs to the Special Issue Forecasting and Foresight in Business and Economics in the Turbulent and Uncertain New Normal)
  • Review
  • Open Access
105 Citations
45,503 Views
59 Pages

Comprehensive Review of Power Electronic Converters in Electric Vehicle Applications

  • Rejaul Islam,
  • S M Sajjad Hossain Rafin and
  • Osama A. Mohammed

29 December 2022

Emerging electric vehicle (EV) technology requires high-voltage energy storage systems, efficient electric motors, electrified power trains, and power converters. If we consider forecasts for EV demand and driving applications, this article comprehen...

(This article belongs to the Section Power and Energy Forecasting)
  • Article
  • Open Access
71 Citations
34,340 Views
17 Pages

20 June 2022

Compared to other industries, fashion apparel retail faces many challenges in predicting future demand for its products with a high degree of precision. Fashion products’ short life cycle, insufficient historical information, highly uncertain m...

(This article belongs to the Special Issue Improved Forecasting through Artificial Intelligence)
  • Article
  • Open Access
1 Citations
32,728 Views
19 Pages

This study adapts the United Nations’ methodology for national probabilistic population projections to subnational contexts. The Bayesian approach used by the UN addresses data collection complexities effectively. By applying hierarchical model...

  • Article
  • Open Access
31 Citations
31,914 Views
31 Pages

5 July 2024

In a dynamic business environment, the accuracy of sales forecasts plays a pivotal role in strategic decision making and resource allocation. This article offers a systematic review of the existing literature on techniques and methodologies used in f...

(This article belongs to the Section Forecasting in Economics and Management)
  • Article
  • Open Access
94 Citations
28,572 Views
14 Pages

29 January 2023

Traders and investors are interested in accurately predicting cryptocurrency prices to increase returns and minimize risk. However, due to their uncertainty, volatility, and dynamism, forecasting crypto prices is a challenging time series analysis ta...

(This article belongs to the Special Issue Advances of Machine Learning Forecasting within the FinTech Revolution)
  • Review
  • Open Access
27 Citations
25,762 Views
20 Pages

23 June 2021

Forecasting is a challenging task that typically requires making assumptions about the observed data but also the future conditions. Inevitably, any forecasting process will result in some degree of inaccuracy. The forecasting performance will furthe...

(This article belongs to the Special Issue Feature Papers of Forecasting 2021)
  • Article
  • Open Access
79 Citations
25,269 Views
14 Pages

Large Language Models: Their Success and Impact

  • Spyros Makridakis,
  • Fotios Petropoulos and
  • Yanfei Kang

25 August 2023

ChatGPT, a state-of-the-art large language model (LLM), is revolutionizing the AI field by exhibiting humanlike skills in a range of tasks that include understanding and answering natural language questions, translating languages, writing code, passi...

  • Review
  • Open Access
32 Citations
25,174 Views
18 Pages

2 September 2020

Population projections serve various actors at subnational, national, and international levels as a quantitative basis for political and economic decision-making. Usually, the users are no experts in statistics or forecasting and therefore lack the m...

  • Review
  • Open Access
27 Citations
25,167 Views
49 Pages

This systematic literature review explores the application of artificial intelligence (AI) and machine learning (ML) in financial market forecasting, with a focus on four asset classes: equities, cryptocurrencies, commodities, and foreign exchange ma...

(This article belongs to the Section AI Forecasting)
  • Review
  • Open Access
32 Citations
23,398 Views
20 Pages

23 September 2022

Big data technology and predictive analytics exhibit advanced potential for business intelligence (BI), especially for decision-making. This study aimed to explore current research studies, historic developing trends, and the future direction. A bibl...

  • Article
  • Open Access
51 Citations
22,640 Views
17 Pages

16 February 2024

In today’s evolving global world, the pharmaceutical sector faces an emerging challenge, which is the rapid surge of the global population and the consequent growth in drug production demands. Recognizing this, our study explores the urgent nee...

(This article belongs to the Section Forecasting in Economics and Management)
  • Article
  • Open Access
74 Citations
20,628 Views
19 Pages

Comparing Prophet and Deep Learning to ARIMA in Forecasting Wholesale Food Prices

  • Lorenzo Menculini,
  • Andrea Marini,
  • Massimiliano Proietti,
  • Alberto Garinei and ,
  • Alessio Bozza,
  • Cecilia Moretti and
  • Marcello Marconi
  • + 2 authors+ 0 author

15 September 2021

Setting sale prices correctly is of great importance for firms, and the study and forecast of prices time series is therefore a relevant topic not only from a data science perspective but also from an economic and applicative one. In this paper, we e...

(This article belongs to the Section Forecasting in Economics and Management)
  • Feature Paper
  • Review
  • Open Access
203 Citations
20,535 Views
26 Pages

Trends in Using IoT with Machine Learning in Health Prediction System

  • Amani Aldahiri,
  • Bashair Alrashed and
  • Walayat Hussain

7 March 2021

Machine learning (ML) is a powerful tool that delivers insights hidden in Internet of Things (IoT) data. These hybrid technologies work smartly to improve the decision-making process in different areas such as education, security, business, and the h...

(This article belongs to the Special Issue Forecasting with Machine Learning Techniques)
  • Article
  • Open Access
20 Citations
19,837 Views
44 Pages

Is It Possible to Forecast the Price of Bitcoin?

  • Julien Chevallier,
  • Dominique Guégan and
  • Stéphane Goutte

28 May 2021

This paper focuses on forecasting the price of Bitcoin, motivated by its market growth and the recent interest of market participants and academics. We deploy six machine learning algorithms (e.g., Artificial Neural Network, Support Vector Machine, R...

(This article belongs to the Special Issue Advances of Machine Learning Forecasting within the FinTech Revolution)
  • Review
  • Open Access
77 Citations
19,096 Views
27 Pages

19 October 2024

Global food security is under significant threat from climate change, population growth, and resource scarcity. This review examines how advanced AI-driven forecasting models, including machine learning (ML), deep learning (DL), and time-series forec...

  • Article
  • Open Access
41 Citations
17,688 Views
23 Pages

22 March 2023

The Russian invasion of Ukraine on 24 February 2022 accelerated agricultural commodity prices and raised food insecurities worldwide. Ukraine and Russia are the leading global suppliers of wheat, corn, barley and sunflower oil. For this purpose, we i...

(This article belongs to the Section Forecasting in Economics and Management)
  • Article
  • Open Access
36 Citations
17,326 Views
15 Pages

Analyzing and Forecasting Tourism Demand in Vietnam with Artificial Neural Networks

  • Le Quyen Nguyen,
  • Paula Odete Fernandes and
  • João Paulo Teixeira

28 December 2021

Vietnam has experienced a tourism expansion over the last decade, proving itself as one of the top tourist destinations in Southeast Asia. The country received more than 18 million international tourists in 2019, compared to only 1.5 million twenty-f...

(This article belongs to the Special Issue Tourism Forecasting: Time-Series Analysis of World and Regional Data)
  • Article
  • Open Access
14 Citations
17,012 Views
23 Pages

Cost Estimating Using a New Learning Curve Theory for Non-Constant Production Rates

  • Dakotah Hogan,
  • John Elshaw,
  • Clay Koschnick,
  • Jonathan Ritschel and ,
  • Adedeji Badiru and
  • Shawn Valentine
  • + 1 author+ 0 author

16 October 2020

Traditional learning curve theory assumes a constant learning rate regardless of the number of units produced. However, a collection of theoretical and empirical evidence indicates that learning rates decrease as more units are produced in some cases...

(This article belongs to the Special Issue Feature Papers of Forecasting)
  • Article
  • Open Access
19 Citations
16,741 Views
21 Pages

Time Series Dataset Survey for Forecasting with Deep Learning

  • Yannik Hahn,
  • Tristan Langer,
  • Richard Meyes and
  • Tobias Meisen

3 March 2023

Deep learning models have revolutionized research fields like computer vision and natural language processing by outperforming traditional models in multiple tasks. However, the field of time series analysis, especially time series forecasting, has n...

(This article belongs to the Section AI Forecasting)
  • Article
  • Open Access
3 Citations
16,674 Views
17 Pages

Is Football Unpredictable? Predicting Matches Using Neural Networks

  • Luiz E. Luiz,
  • Gabriel Fialho and
  • João P. Teixeira

12 December 2024

The growing sports betting market works on the premise that sports are unpredictable, making it more likely to be wrong than right, as the user has to choose between win, draw, or lose. So could football, the world’s most popular sport, be pred...

(This article belongs to the Special Issue Feature Papers of Forecasting 2024)
  • Article
  • Open Access
74 Citations
15,788 Views
24 Pages

29 January 2022

Supply Chain Finance (SCF) has gradually taken on digital characteristics with the rapid development of electronic information technology. Business audit information has become more abundant and complex, which has increased the efficiency and increas...

(This article belongs to the Special Issue Advances of Machine Learning Forecasting within the FinTech Revolution)
  • Article
  • Open Access
19 Citations
14,734 Views
17 Pages

23 April 2024

Since cryptocurrencies are among the most extensively traded financial instruments globally, predicting their price has become a crucial topic for investors. Our dataset, which includes fluctuations in Bitcoin’s hourly prices from 15 May 2018 t...

(This article belongs to the Section Forecasting in Economics and Management)
  • Article
  • Open Access
22 Citations
13,894 Views
13 Pages

12 December 2023

Over the past few years, there has been growing attention to the Long-Term Time Series Forecasting task and solving its inherent challenges like the non-stationarity of the underlying distribution. Notably, most successful models in this area use dec...

(This article belongs to the Special Issue Feature Papers of Forecasting 2023)
  • Article
  • Open Access
10 Citations
13,404 Views
11 Pages

30 March 2022

Since its inception in 2009, Bitcoin has increasingly gained main stream attention from the general population to institutional investors. Several models, from GARCH type to jump-diffusion type, have been developed to dynamically capture the price mo...

(This article belongs to the Special Issue Advances of Machine Learning Forecasting within the FinTech Revolution)
  • Article
  • Open Access
68 Citations
13,105 Views
16 Pages

26 August 2021

Overnight forecasting is a crucial challenge for revenue managers because of the uncertainty associated between demand and supply. However, there is limited research that focuses on predicting daily hotel demand. Hence, this paper evaluates various m...

(This article belongs to the Section Forecasting in Economics and Management)
  • Article
  • Open Access
19 Citations
12,950 Views
13 Pages

19 June 2021

The random walk, no-change forecast is a customary benchmark in the literature on forecasting commodity prices. We challenge this custom by examining whether alternative models are more suited for this purpose. Based on a literature review and the re...

(This article belongs to the Section Forecasting in Economics and Management)
  • Article
  • Open Access
2 Citations
12,472 Views
11 Pages

16 February 2021

The main purpose of this article was to define a model that could defeat the online bookmakers’ odds, where the betting item considered was the first five innings of major league baseball (MLB) matches. The betting odds of online bookmakers have two...

(This article belongs to the Section AI Forecasting)
  • Article
  • Open Access
6 Citations
12,462 Views
15 Pages

29 November 2022

Proactive coping involves efforts to prepare for future stressors and may have implications for physical responses to stress. We examined age differences in physical reactivity to daily stressors moderated by proactive coping in a coordinated analysi...

  • Article
  • Open Access
30 Citations
11,790 Views
13 Pages

30 November 2022

The study investigated the empirical role of past values of Somalia’s GDP growth rates in its future realizations. Using the Box–Jenkins modeling method, the study utilized 250 in-sample quarterly time series data to forecast out-of-the-s...

(This article belongs to the Section Forecasting in Economics and Management)
  • Article
  • Open Access
50 Citations
11,738 Views
13 Pages

Forecasting the Traffic Flow by Using ARIMA and LSTM Models: Case of Muhima Junction

  • Vienna N. Katambire,
  • Richard Musabe,
  • Alfred Uwitonze and
  • Didacienne Mukanyiligira

14 November 2023

Traffic operation efficiency is greatly impacted by the increase in travel demand and the increase in vehicle ownership. The continued increase in traffic demand has rendered the importance of controlling traffic, especially at intersections. In gene...

  • Article
  • Open Access
39 Citations
11,708 Views
21 Pages

A Multi-Stage Price Forecasting Model for Day-Ahead Electricity Markets

  • Radhakrishnan Angamuthu Chinnathambi,
  • Anupam Mukherjee,
  • Mitch Campion,
  • Hossein Salehfar and ,
  • Timothy M. Hansen,
  • Jeremy Lin and
  • Prakash Ranganathan
  • + 2 authors+ 0 author

Forecasting hourly spot prices for real-time electricity markets is a key activity in economic and energy trading operations. This paper proposes a novel two-stage approach that uses a combination of Auto-Regressive Integrated Moving Average (ARIMA)...

  • Article
  • Open Access
29 Citations
11,620 Views
17 Pages

6 August 2020

Predicting the outcome of sales opportunities is a core part of successful business management. Conventionally, undertaking this prediction has relied mostly on subjective human evaluations in the process of sales decision-making. In this paper, we a...

(This article belongs to the Special Issue Feature Papers of Forecasting)
  • Article
  • Open Access
  • Best Paper Award
37 Citations
11,617 Views
23 Pages

SIMLR: Machine Learning inside the SIR Model for COVID-19 Forecasting

  • Roberto Vega,
  • Leonardo Flores and
  • Russell Greiner

13 January 2022

Accurate forecasts of the number of newly infected people during an epidemic are critical for making effective timely decisions. This paper addresses this challenge using the SIMLR model, which incorporates machine learning (ML) into the epidemiologi...

(This article belongs to the Special Issue Feature Papers of Forecasting 2021)
  • Article
  • Open Access
17 Citations
11,282 Views
32 Pages

27 November 2023

This paper assesses the usefulness of comprehensive payments data for macroeconomic predictions in Canada. Specifically, we evaluate which type of payments data are useful, when they are useful, why they are useful, and whether machine learning (ML)...

(This article belongs to the Section Forecasting in Economics and Management)
  • Article
  • Open Access
56 Citations
11,224 Views
29 Pages

Performance Analysis of Statistical, Machine Learning and Deep Learning Models in Long-Term Forecasting of Solar Power Production

  • Ashish Sedai,
  • Rabin Dhakal,
  • Shishir Gautam,
  • Anibesh Dhamala and ,
  • Argenis Bilbao,
  • Qin Wang,
  • Adam Wigington and
  • Suhas Pol
  • + 3 authors+ 0 author

22 February 2023

The Machine Learning/Deep Learning (ML/DL) forecasting model has helped stakeholders overcome uncertainties associated with renewable energy resources and time planning for probable near-term power fluctuations. Nevertheless, the effectiveness of lon...

(This article belongs to the Section Power and Energy Forecasting)
  • Article
  • Open Access
40 Citations
11,086 Views
25 Pages

22 December 2021

Hybrid methods have been shown to outperform pure statistical and pure deep learning methods at forecasting tasks and quantifying the associated uncertainty with those forecasts (prediction intervals). One example is Exponential Smoothing Recurrent N...

  • Article
  • Open Access
4 Citations
11,025 Views
22 Pages

Machine Learning-Enhanced Pairs Trading

  • Eli Hadad,
  • Sohail Hodarkar,
  • Beakal Lemeneh and
  • Dennis Shasha

11 June 2024

Forecasting returns in financial markets is notoriously challenging due to the resemblance of price changes to white noise. In this paper, we propose novel methods to address this challenge. Employing high-frequency Brazilian stock market data at one...

(This article belongs to the Section Forecasting in Economics and Management)
  • Article
  • Open Access
76 Citations
10,923 Views
19 Pages

Machine Learning-Based Error Modeling to Improve GPM IMERG Precipitation Product over the Brahmaputra River Basin

  • Md Abul Ehsan Bhuiyan,
  • Feifei Yang,
  • Nishan Kumar Biswas,
  • Saiful Haque Rahat and
  • Tahneen Jahan Neelam

25 July 2020

The Integrated Multisatellite Retrievals for Global Precipitation Measurement (GPM) (IMERG) Level 3 estimates rainfall from passive microwave sensors onboard satellites that are associated with several uncertainty sources such as sensor calibration,...

(This article belongs to the Special Issue Advances in Hydrological Forecasting)
  • Article
  • Open Access
2 Citations
10,844 Views
17 Pages

11 December 2020

Many still rightly wonder whether accounting numbers affect business value. Basic questions are “why?” and “how?” We aim at promoting an objective choice on how optimizing the most suitable valuation methods under a “val...

(This article belongs to the Special Issue New Frontiers in Forecasting the Business Cycle and Financial Markets)
  • Article
  • Open Access
12 Citations
10,704 Views
17 Pages

25 October 2024

This paper aims to demonstrate how machine deep learning techniques lead to relatively accurate forecasts of quarterly corporate income tax payments. Using quarterly data from Compustat for all U.S. publicly traded corporations from 2000 to 2024, I s...

(This article belongs to the Special Issue Forecasting and Foresight in Business and Economics in the Turbulent and Uncertain New Normal)
  • Article
  • Open Access
54 Citations
10,703 Views
14 Pages

1 June 2020

Firms engage in forecasting and foresight activities to predict the future or explore possible future states of the business environment in order to pre-empt and shape it (corporate foresight). Similarly, the dynamic capabilities approach addresses r...

(This article belongs to the Section Forecasting in Economics and Management)
  • Article
  • Open Access
24 Citations
10,678 Views
28 Pages

Forecasting Principles from Experience with Forecasting Competitions

  • Jennifer L. Castle,
  • Jurgen A. Doornik and
  • David F. Hendry

23 February 2021

Economic forecasting is difficult, largely because of the many sources of nonstationarity influencing observational time series. Forecasting competitions aim to improve the practice of economic forecasting by providing very large data sets on which t...

(This article belongs to the Special Issue New Frontiers in Forecasting the Business Cycle and Financial Markets)
  • Article
  • Open Access
42 Citations
10,370 Views
12 Pages

Dynamic Modeling of Power Outages Caused by Thunderstorms

  • Berk A. Alpay,
  • David Wanik,
  • Peter Watson,
  • Diego Cerrai and ,
  • Guannan Liang and
  • Emmanouil Anagnostou
  • + 1 author+ 0 author

22 May 2020

Thunderstorms are complex weather phenomena that cause substantial power outages in a short period. This makes thunderstorm outage prediction challenging using eventwise outage prediction models (OPMs), which summarize the storm dynamics over the ent...

(This article belongs to the Section Power and Energy Forecasting)
  • Article
  • Open Access
50 Citations
10,313 Views
22 Pages

Examining Deep Learning Architectures for Crime Classification and Prediction

  • Panagiotis Stalidis,
  • Theodoros Semertzidis and
  • Petros Daras

12 October 2021

In this paper, a detailed study on crime classification and prediction using deep learning architectures is presented. We examine the effectiveness of deep learning algorithms in this domain and provide recommendations for designing and training deep...

(This article belongs to the Special Issue Improved Forecasting through Artificial Intelligence)
  • Article
  • Open Access
4 Citations
10,311 Views
19 Pages

10 September 2025

Accurate and efficient cryptocurrency price prediction is vital for investors in the volatile crypto market. This study comprehensively evaluates nine models—including baseline, zero-shot, and deep learning architectures—on 21 major crypt...

(This article belongs to the Section AI Forecasting)
  • Article
  • Open Access
62 Citations
10,222 Views
21 Pages

Attention-Based CNN-RNN Arabic Text Recognition from Natural Scene Images

  • Hanan Butt,
  • Muhammad Raheel Raza,
  • Muhammad Javed Ramzan,
  • Muhammad Junaid Ali and
  • Muhammad Haris

20 July 2021

According to statistics, there are 422 million speakers of the Arabic language. Islam is the second-largest religion in the world, and its followers constitute approximately 25% of the world’s population. Since the Holy Quran is in Arabic, nearly all...

(This article belongs to the Special Issue Forecasting with Machine Learning Techniques)
  • Article
  • Open Access
33 Citations
10,205 Views
23 Pages

A Hybrid Model for Multi-Day-Ahead Electricity Price Forecasting considering Price Spikes

  • Daniel Manfre Jaimes,
  • Manuel Zamudio López,
  • Hamidreza Zareipour and
  • Mike Quashie

19 July 2023

This paper proposes a new hybrid model to forecast electricity market prices up to four days ahead. The components of the proposed model are combined in two dimensions. First, on the “vertical” dimension, long short-term memory (LSTM) neu...

(This article belongs to the Collection Energy Forecasting)
  • Article
  • Open Access
48 Citations
10,052 Views
26 Pages

Climatological Drought Forecasting Using Bias Corrected CMIP6 Climate Data: A Case Study for India

  • Alen Shrestha,
  • Md Mafuzur Rahaman,
  • Ajay Kalra,
  • Rohit Jogineedi and
  • Pankaj Maheshwari

22 April 2020

This study forecasts and assesses drought situations in various regions of India (the Araveli region, the Bundelkhand region, and the Kansabati river basin) based on seven simulated climates in the near future (2015–2044). The self-calibrating...

  • Article
  • Open Access
24 Citations
9,845 Views
21 Pages

Predicting Power Consumption Using Deep Learning with Stationary Wavelet

  • Majdi Frikha,
  • Khaled Taouil,
  • Ahmed Fakhfakh and
  • Faouzi Derbel

23 September 2024

Power consumption in the home has grown in recent years as a consequence of the use of varied residential applications. On the other hand, many families are beginning to use renewable energy, such as energy production, energy storage devices, and ele...

(This article belongs to the Section Power and Energy Forecasting)
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Forecasting - ISSN 2571-9394