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Keywords = four-state hidden Markov model

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20 pages, 1914 KB  
Article
A Predictive Approach for Enhancing Accuracy in Remote Robotic Surgery Using Informer Model
by Muhammad Hanif Lashari, Shakil Ahmed, Wafa Batayneh and Ashfaq Khokhar
Sensors 2025, 25(10), 3067; https://doi.org/10.3390/s25103067 - 13 May 2025
Viewed by 856
Abstract
Precise and real-time estimation of the robotic arm’s position on the patient’s side is essential for the success of remote robotic surgery in Tactile Internet (TI) environments. This paper presents a prediction model based on the Transformer-based Informer framework for accurate and efficient [...] Read more.
Precise and real-time estimation of the robotic arm’s position on the patient’s side is essential for the success of remote robotic surgery in Tactile Internet (TI) environments. This paper presents a prediction model based on the Transformer-based Informer framework for accurate and efficient position estimation, combined with a Four-State Hidden Markov Model (4-State HMM) to simulate realistic packet loss scenarios. The proposed approach addresses challenges such as network delays, jitter, and packet loss to ensure reliable and precise operation in remote surgical applications. The method integrates the optimization problem into the Informer model by embedding constraints such as energy efficiency, smoothness, and robustness into its training process using a differentiable optimization layer. The Informer framework uses features such as ProbSparse attention, attention distilling, and a generative-style decoder to focus on position-critical features while maintaining a low computational complexity of O(LlogL). The method is evaluated using the JIGSAWS dataset, achieving a prediction accuracy of over 90% under various network scenarios. A comparison with models such as TCN, RNN, and LSTM demonstrates the Informer framework’s superior performance in handling position prediction and meeting real-time requirements, making it suitable for Tactile Internet-enabled robotic surgery. Full article
(This article belongs to the Section Sensors and Robotics)
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22 pages, 4042 KB  
Article
Advanced Predictive Analytics for Fetal Heart Rate Variability Using Digital Twin Integration
by Tunn Cho Lwin, Thi Thi Zin, Pyke Tin, Emi Kino and Tsuyomu Ikenoue
Sensors 2025, 25(5), 1469; https://doi.org/10.3390/s25051469 - 27 Feb 2025
Cited by 2 | Viewed by 2206
Abstract
Fetal heart rate variability (FHRV) is a critical indicator of fetal well-being and autonomic nervous system development during labor. Traditional monitoring methods often provide limited insights, potentially leading to delayed interventions and suboptimal outcomes. This study proposes an advanced predictive analytics approach by [...] Read more.
Fetal heart rate variability (FHRV) is a critical indicator of fetal well-being and autonomic nervous system development during labor. Traditional monitoring methods often provide limited insights, potentially leading to delayed interventions and suboptimal outcomes. This study proposes an advanced predictive analytics approach by integrating approximate entropy analysis with a hidden Markov model (HMM) within a digital twin framework to enhance real-time fetal monitoring. We utilized a dataset of 469 fetal electrocardiogram (ECG) recordings, each exceeding one hour in duration, to ensure sufficient temporal information for reliable modeling. The FHRV data were preprocessed and partitioned into parasympathetic and sympathetic components based on downward and non-downward beat detection. Approximate entropy was calculated to quantify the complexity of FHRV patterns, revealing significant correlations with umbilical cord blood gas parameters, particularly pH levels. The HMM was developed with four hidden states representing discrete pH levels and eight observed states derived from FHRV data. By employing the Baum–Welch and Viterbi algorithms for training and decoding, respectively, the model effectively captured temporal dependencies and provided early predictions of the fetal acid–base status. Experimental results demonstrated that the model achieved 85% training and 79% testing accuracy on the balanced dataset distribution, improving from 78% and 71% on the imbalanced dataset. The integration of this predictive model into a digital twin framework offers significant benefits for timely clinical interventions, potentially improving prenatal outcomes. Full article
(This article belongs to the Special Issue Biomedical Sensing and Bioinformatics Processing)
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29 pages, 3949 KB  
Article
RCoD: Reputation-Based Context-Aware Data Fusion for Mobile IoT
by Samia Tasnim, Niki Pissinou, S. Sitharama Iyengar, Kianoosh G. Boroojeni and Kishwar Ahmed
Sensors 2025, 25(4), 1171; https://doi.org/10.3390/s25041171 - 14 Feb 2025
Cited by 1 | Viewed by 1106
Abstract
The rapid development of mobile sensing technologies (e.g., smart devices embedded with various powerful sensors) has encouraged the proliferation of the Internet of Things (IoT). Although data reliability and accuracy are crucial in many sensor applications (e.g., air-quality monitoring), it is often difficult [...] Read more.
The rapid development of mobile sensing technologies (e.g., smart devices embedded with various powerful sensors) has encouraged the proliferation of the Internet of Things (IoT). Although data reliability and accuracy are crucial in many sensor applications (e.g., air-quality monitoring), it is often difficult to ensure these properties. Mobile IoT’s people-centric architecture allows for more inaccurate and corrupted data. In this manuscript, we are addressing the problem of how to predict data more accurately in the presence of malicious participants who inject false data to manipulate the system. Our goal is to recover those missing or imprecise data values from the correlated data streams. To do so, we propose a Reputation-Based Context-Aware Data-Fusion (RCoD) mechanism that is resilient against on–off and data-corruption attacks. Furthermore, the Contextual Hidden Markov Model-based data prediction facilitates more accurate real-time data prediction. We tested the scenarios where most participants were malicious, injecting false data at varied rates. Our method accurately identified the honest participants based on their reported data and context. We empirically evaluate the performance using Beijing’s air-quality dataset. We compared the performance of our RCoD method against four state-of-the-art methods, and the results justify its superiority. Full article
(This article belongs to the Special Issue Feature Papers in the Internet of Things Section 2024)
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30 pages, 405 KB  
Article
An Overview of the IberSpeech-RTVE 2022 Challenges on Speech Technologies
by Eduardo Lleida, Luis Javier Rodriguez-Fuentes, Javier Tejedor, Alfonso Ortega, Antonio Miguel, Virginia Bazán, Carmen Pérez, Alberto de Prada, Mikel Penagarikano, Amparo Varona, Germán Bordel, Doroteo Torre-Toledano, Aitor Álvarez and Haritz Arzelus
Appl. Sci. 2023, 13(15), 8577; https://doi.org/10.3390/app13158577 - 25 Jul 2023
Viewed by 2621
Abstract
Evaluation campaigns provide a common framework with which the progress of speech technologies can be effectively measured. The aim of this paper is to present a detailed overview of the IberSpeech-RTVE 2022 Challenges, which were organized as part of the IberSpeech 2022 conference [...] Read more.
Evaluation campaigns provide a common framework with which the progress of speech technologies can be effectively measured. The aim of this paper is to present a detailed overview of the IberSpeech-RTVE 2022 Challenges, which were organized as part of the IberSpeech 2022 conference under the ongoing series of Albayzin evaluation campaigns. In the 2022 edition, four challenges were launched: (1) speech-to-text transcription; (2) speaker diarization and identity assignment; (3) text and speech alignment; and (4) search on speech. Different databases that cover different domains (e.g., broadcast news, conference talks, parliament sessions) were released for those challenges. The submitted systems also cover a wide range of speech processing methods, which include hidden Markov model-based approaches, end-to-end neural network-based methods, hybrid approaches, etc. This paper describes the databases, the tasks and the performance metrics used in the four challenges. It also provides the most relevant features of the submitted systems and briefly presents and discusses the obtained results. Despite employing state-of-the-art technology, the relatively poor performance attained in some of the challenges reveals that there is still room for improvement. This encourages us to carry on with the Albayzin evaluation campaigns in the coming years. Full article
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22 pages, 10897 KB  
Article
Online Monitoring of Sensor Calibration Status to Support Condition-Based Maintenance
by Alexandre Martins, Inácio Fonseca, José Torres Farinha, João Reis and António J. Marques Cardoso
Sensors 2023, 23(5), 2402; https://doi.org/10.3390/s23052402 - 21 Feb 2023
Cited by 14 | Viewed by 5513
Abstract
Condition-Based Maintenance (CBM), based on sensors, can only be reliable if the data used to extract information are also reliable. Industrial metrology plays a major role in ensuring the quality of the data collected by the sensors. To guarantee that the values collected [...] Read more.
Condition-Based Maintenance (CBM), based on sensors, can only be reliable if the data used to extract information are also reliable. Industrial metrology plays a major role in ensuring the quality of the data collected by the sensors. To guarantee that the values collected by the sensors are reliable, it is necessary to have metrological traceability made by successive calibrations from higher standards to the sensors used in the factories. To ensure the reliability of the data, a calibration strategy must be put in place. Usually, sensors are only calibrated on a periodic basis; so, they often go for calibration without it being necessary or collect data inaccurately. In addition, the sensors are checked often, increasing the need for manpower, and sensor errors are frequently overlooked when the redundant sensor has a drift in the same direction. It is necessary to acquire a calibration strategy based on the sensor condition. Through online monitoring of sensor calibration status (OLM), it is possible to perform calibrations only when it is really necessary. To reach this end, this paper aims to provide a strategy to classify the health status of the production equipment and of the reading equipment that uses the same dataset. A measurement signal from four sensors was simulated, for which Artificial Intelligence and Machine Learning with unsupervised algorithms were used. This paper demonstrates how, through the same dataset, it is possible to obtain distinct information. Because of this, we have a very important feature creation process, followed by Principal Component Analysis (PCA), K-means clustering, and classification based on Hidden Markov Models (HMM). Through three hidden states of the HMM, which represent the health states of the production equipment, we will first detect, through correlations, the features of its status. After that, an HMM filter is used to eliminate those errors from the original signal. Next, an equal methodology is conducted for each sensor individually and using statistical features in the time domain where we can obtain, through HMM, the failures of each sensor. Full article
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16 pages, 2109 KB  
Article
Multistate Diagnosis and Prognosis of Lubricating Oil Degradation Using Sticky Hierarchical Dirichlet Process–Hidden Markov Model Framework
by Monika Tanwar, Hyunseok Park and Nagarajan Raghavan
Appl. Sci. 2021, 11(14), 6603; https://doi.org/10.3390/app11146603 - 18 Jul 2021
Cited by 2 | Viewed by 2768
Abstract
In this study, we present a state-based diagnostic and prognostic methodology for lubricating oil degradation based on a nonparametric Bayesian approach, i.e., sticky hierarchical Dirichlet process–hidden Markov model (HDP-HMM). An accurate health state-space assessment for diagnostics and prognostics has always been unobservable and [...] Read more.
In this study, we present a state-based diagnostic and prognostic methodology for lubricating oil degradation based on a nonparametric Bayesian approach, i.e., sticky hierarchical Dirichlet process–hidden Markov model (HDP-HMM). An accurate health state-space assessment for diagnostics and prognostics has always been unobservable and hypothetical in the past. The lubrication condition monitoring (LCM) data is generally segregated as “healthy or unhealthy”, representing a binary state-based perspective to the problem. This two-state performance-based formulation poses limitations to the precision and accuracy of the diagnosis and prognosis for real data wherein there may be multiple states of discrete performance that are characteristic of the system functionality. In particular, the reversible and nonlinear time-series trends of degradation data increase the complexity of state-based modeling. We propose a multistate diagnostic and prognostic framework for LCM data in the wear-out phase (i.e., the unhealthy portion of degradation data), accounting for irregular oil replenishment and oil change effects (i.e., nonlinearity in the degradation signal). The LCM data is simulated for an elementary mechanical system with four components. The sticky HDP sets the prior for the HMM parameters. The unsupervised learning over infinite observations and emission reveals four discrete health states and helps estimate the associated state transition probabilities. The inferred state sequence provides information relating to the state dynamics, which provides further guidance to maintenance decision making. The decision making is further backed by prognostics based on the conditional reliability function and mean residual life estimation. Full article
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22 pages, 2018 KB  
Article
An Intra-Subject Approach Based on the Application of HMM to Predict Concentration in Educational Contexts from Nonintrusive Physiological Signals in Real-World Situations
by Ana Serrano-Mamolar, Miguel Arevalillo-Herráez, Guillermo Chicote-Huete and Jesus G. Boticario
Sensors 2021, 21(5), 1777; https://doi.org/10.3390/s21051777 - 4 Mar 2021
Cited by 5 | Viewed by 3388
Abstract
Previous research has proven the strong influence of emotions on student engagement and motivation. Therefore, emotion recognition is becoming very relevant in educational scenarios, but there is no standard method for predicting students’ affects. However, physiological signals have been widely used in educational [...] Read more.
Previous research has proven the strong influence of emotions on student engagement and motivation. Therefore, emotion recognition is becoming very relevant in educational scenarios, but there is no standard method for predicting students’ affects. However, physiological signals have been widely used in educational contexts. Some physiological signals have shown a high accuracy in detecting emotions because they reflect spontaneous affect-related information, which is fresh and does not require additional control or interpretation. Most proposed works use measuring equipment for which applicability in real-world scenarios is limited because of its high cost and intrusiveness. To tackle this problem, in this work, we analyse the feasibility of developing low-cost and nonintrusive devices to obtain a high detection accuracy from easy-to-capture signals. By using both inter-subject and intra-subject models, we present an experimental study that aims to explore the potential application of Hidden Markov Models (HMM) to predict the concentration state from 4 commonly used physiological signals, namely heart rate, breath rate, skin conductance and skin temperature. We also study the effect of combining these four signals and analyse their potential use in an educational context in terms of intrusiveness, cost and accuracy. The results show that a high accuracy can be achieved with three of the signals when using HMM-based intra-subject models. However, inter-subject models, which are meant to obtain subject-independent approaches for affect detection, fail at the same task. Full article
(This article belongs to the Special Issue Artificial Intelligence and Sensors)
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10 pages, 2471 KB  
Article
Nucleosome Positioning around Transcription Start Site Correlates with Gene Expression Only for Active Chromatin State in Drosophila Interphase Chromosomes
by Victor G. Levitsky, Tatyana Yu. Zykova, Yuri M. Moshkin and Igor F. Zhimulev
Int. J. Mol. Sci. 2020, 21(23), 9282; https://doi.org/10.3390/ijms21239282 - 5 Dec 2020
Cited by 3 | Viewed by 2720
Abstract
We analyzed the whole-genome experimental maps of nucleosomes in Drosophila melanogaster and classified genes by the expression level in S2 cells (RPKM value, reads per kilobase million) as well as the number of tissues in which a gene was expressed (breadth of expression, [...] Read more.
We analyzed the whole-genome experimental maps of nucleosomes in Drosophila melanogaster and classified genes by the expression level in S2 cells (RPKM value, reads per kilobase million) as well as the number of tissues in which a gene was expressed (breadth of expression, BoE). Chromatin in 5′-regions of genes we classified on four states according to the hidden Markov model (4HMM). Only the Aquamarine chromatin state we considered as Active, while the rest three states we defined as Non-Active. Surprisingly, about 20/40% of genes with 5′-regions mapped to Active/Non-Active chromatin possessed the minimal/at least modest RPKM and BoE. We found that regardless of RPKM/BoE the genes of Active chromatin possessed the regular nucleosome arrangement in 5′-regions, while genes of Non-Active chromatin did not show respective specificity. Only for genes of Active chromatin the RPKM/BoE positively correlates with the number of nucleosome sites upstream/around TSS and negatively with that downstream TSS. We propose that for genes of Active chromatin, regardless of RPKM value and BoE the nucleosome arrangement in 5′-regions potentiates transcription, while for genes of Non-Active chromatin, the transcription machinery does not require the substantial support from nucleosome arrangement to influence gene expression. Full article
(This article belongs to the Special Issue Genome Organization in Interphase Chromosomes)
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23 pages, 8173 KB  
Article
Image Processing Technique and Hidden Markov Model for an Elderly Care Monitoring System
by Swe Nwe Nwe Htun, Thi Thi Zin and Pyke Tin
J. Imaging 2020, 6(6), 49; https://doi.org/10.3390/jimaging6060049 - 13 Jun 2020
Cited by 28 | Viewed by 5114
Abstract
Advances in image processing technologies have provided more precise views in medical and health care management systems. Among many other topics, this paper focuses on several aspects of video-based monitoring systems for elderly people living independently. Major concerns are patients with chronic diseases [...] Read more.
Advances in image processing technologies have provided more precise views in medical and health care management systems. Among many other topics, this paper focuses on several aspects of video-based monitoring systems for elderly people living independently. Major concerns are patients with chronic diseases and adults with a decline in physical fitness, as well as falling among elderly people, which is a source of life-threatening injuries and a leading cause of death. Therefore, in this paper, we propose a video-vision-based monitoring system using image processing technology and a Hidden Markov Model for differentiating falls from normal states for people. Specifically, the proposed system is composed of four modules: (1) object detection; (2) feature extraction; (3) analysis for differentiating normal states from falls; and (4) a decision-making process using a Hidden Markov Model for sequential states of abnormal and normal. In the object detection module, background and foreground segmentation is performed by applying the Mixture of Gaussians model, and graph cut is applied for foreground refinement. In the feature extraction module, the postures and positions of detected objects are estimated by applying the hybrid features of the virtual grounding point, inclusive of its related area and the aspect ratio of the object. In the analysis module, for differentiating normal, abnormal, or falling states, statistical computations called the moving average and modified difference are conducted, both of which are employed to estimate the points and periods of falls. Then, the local maximum or local minimum and the half width value are determined in the observed modified difference to more precisely estimate the period of a falling state. Finally, the decision-making process is conducted by developing a Hidden Markov Model. The experimental results used the Le2i fall detection dataset, and showed that our proposed system is robust and reliable and has a high detection rate. Full article
(This article belongs to the Special Issue Robust Image Processing)
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23 pages, 1684 KB  
Article
Hybrid Continuous Density Hmm-Based Ensemble Neural Networks for Sensor Fault Detection and Classification in Wireless Sensor Network
by Malathy Emperuman and Srimathi Chandrasekaran
Sensors 2020, 20(3), 745; https://doi.org/10.3390/s20030745 - 29 Jan 2020
Cited by 29 | Viewed by 4187
Abstract
Sensor devices in wireless sensor networks are vulnerable to faults during their operation in unmonitored and hazardous environments. Though various methods have been proposed by researchers to detect sensor faults, only very few research studies have reported on capturing the dynamics of the [...] Read more.
Sensor devices in wireless sensor networks are vulnerable to faults during their operation in unmonitored and hazardous environments. Though various methods have been proposed by researchers to detect sensor faults, only very few research studies have reported on capturing the dynamics of the inherent states in sensor data during fault occurrence. The continuous density hidden Markov model (CDHMM) is proposed in this research to determine the dynamics of the state transitions due to fault occurrence, while neural networks are utilized to classify the faults based on the state transition probability density generated by the CDHMM. Therefore, this paper focuses on the fault detection and classification using the hybridization of CDHMM and various neural networks (NNs), namely the learning vector quantization, probabilistic neural network, adaptive probabilistic neural network, and radial basis function. The hybrid models of each NN are used for the classification of sensor faults, namely bias, drift, random, and spike. The proposed methods are evaluated using four performance metrics which includes detection accuracy, false positive rate, F1-score, and the Matthews correlation coefficient. The simulation results show that the learning vector quantization NN classifier outperforms the detection accuracy rate when compared to the other classifiers. In addition, an ensemble NN framework based on the hybrid CDHMM classifier is built with majority voting scheme for decision making and classification. The results of the hybrid CDHMM ensemble classifiers clearly indicates the efficacy of the proposed scheme in capturing the dynamics of change of statesm which is the vital aspect in determining rapidly-evolving instant faults that occur in wireless sensor networks. Full article
(This article belongs to the Section Sensor Networks)
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30 pages, 1821 KB  
Article
Analysis and Comparison of Bitcoin and S and P 500 Market Features Using HMMs and HSMMs
by David Suda and Luke Spiteri
Information 2019, 10(10), 322; https://doi.org/10.3390/info10100322 - 18 Oct 2019
Cited by 1 | Viewed by 4280
Abstract
We implement hidden Markov models (HMMs) and hidden semi-Markov models (HSMMs) on Bitcoin/US dollar (BTC/USD) with the aim of market phase detection. We make analogous comparisons to Standard and Poor’s 500 (S and P 500), a benchmark traditional stock index and a protagonist [...] Read more.
We implement hidden Markov models (HMMs) and hidden semi-Markov models (HSMMs) on Bitcoin/US dollar (BTC/USD) with the aim of market phase detection. We make analogous comparisons to Standard and Poor’s 500 (S and P 500), a benchmark traditional stock index and a protagonist of several studies in finance. Popular labels given to market phases are “bull”, “bear”, “correction”, and “rally”. In the first part, we fit HMMs and HSMMs and look at the evolution of hidden state parameters and state persistence parameters over time to ensure that states are correctly classified in terms of market phase labels. We conclude that our modelling approaches yield positive results in both BTC/USD and the S and P 500, and both are best modelled via four-state HSMMs. However, the two assets show different regime volatility and persistence patterns—BTC/USD has volatile bull and bear states and generally weak state persistence, while the S and P 500 shows lower volatility on the bull states and stronger state persistence. In the second part, we put our models to the test of detecting different market phases by devising investment strategies that aim to be more profitable on unseen data in comparison to a buy-and-hold approach. In both cases, for select investment strategies, four-state HSMMs are also the most profitable and significantly outperform the buy-and-hold strategy. Full article
(This article belongs to the Special Issue Blockchain and Smart Contract Technologies)
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23 pages, 5999 KB  
Article
A Fast Indoor/Outdoor Transition Detection Algorithm Based on Machine Learning
by Yida Zhu, Haiyong Luo, Qu Wang, Fang Zhao, Bokun Ning, Qixue Ke and Chen Zhang
Sensors 2019, 19(4), 786; https://doi.org/10.3390/s19040786 - 14 Feb 2019
Cited by 55 | Viewed by 6973
Abstract
The widespread popularity of smartphones makes it possible to provide Location-Based Services (LBS) in a variety of complex scenarios. The location and contextual status, especially the Indoor/Outdoor switching, provides a direct indicator for seamless indoor and outdoor positioning and navigation. It is challenging [...] Read more.
The widespread popularity of smartphones makes it possible to provide Location-Based Services (LBS) in a variety of complex scenarios. The location and contextual status, especially the Indoor/Outdoor switching, provides a direct indicator for seamless indoor and outdoor positioning and navigation. It is challenging to quickly detect indoor and outdoor transitions with high confidence due to a variety of signal variations in complex scenarios and the similarity of indoor and outdoor signal sources in the IO transition regions. In this paper, we consider the challenge of switching quickly in IO transition regions with high detection accuracy in complex scenarios. Towards this end, we analyze and extract spatial geometry distribution, time sequence and statistical features under different sliding windows from GNSS measurements in Android smartphones and present a novel IO detection method employing an ensemble model based on stacking and filtering the detection result by Hidden Markov Model. We evaluated our algorithm on four datasets. The results showed that our proposed algorithm was capable of identifying IO state with 99.11% accuracy in indoor and outdoor environment where we have collected data and 97.02% accuracy in new indoor and outdoor scenarios. Furthermore, in the scenario of indoor and outdoor transition where we have collected data, the recognition accuracy reaches 94.53% and the probability of switching delay within 3 s exceeds 80%. In the new scenario, the recognition accuracy reaches 92.80% and the probability of switching delay within 4 s exceeds 80%. Full article
(This article belongs to the Special Issue Sensor Fusion and Novel Technologies in Positioning and Navigation)
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17 pages, 452 KB  
Article
Hidden Markov Model for Stock Trading
by Nguyet Nguyen
Int. J. Financial Stud. 2018, 6(2), 36; https://doi.org/10.3390/ijfs6020036 - 26 Mar 2018
Cited by 50 | Viewed by 27813
Abstract
Hidden Markov model (HMM) is a statistical signal prediction model, which has been widely used to predict economic regimes and stock prices. In this paper, we introduce the application of HMM in trading stocks (with S&P 500 index being an example) based on [...] Read more.
Hidden Markov model (HMM) is a statistical signal prediction model, which has been widely used to predict economic regimes and stock prices. In this paper, we introduce the application of HMM in trading stocks (with S&P 500 index being an example) based on the stock price predictions. The procedure starts by using four criteria, including the Akaike information, the Bayesian information, the Hannan Quinn information, and the Bozdogan Consistent Akaike Information, in order to determine an optimal number of states for the HMM. The selected four-state HMM is then used to predict monthly closing prices of the S&P 500 index. For this work, the out-of-sample R OS 2 , and some other error estimators are used to test the HMM predictions against the historical average model. Finally, both the HMM and the historical average model are used to trade the S&P 500. The obtained results clearly prove that the HMM outperforms this traditional method in predicting and trading stocks. Full article
(This article belongs to the Special Issue Financial Economics)
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16 pages, 1770 KB  
Article
An Analysis and Implementation of the Hidden Markov Model to Technology Stock Prediction
by Nguyet Nguyen
Risks 2017, 5(4), 62; https://doi.org/10.3390/risks5040062 - 24 Nov 2017
Cited by 28 | Viewed by 11755
Abstract
Future stock prices depend on many internal and external factors that are not easy to evaluate. In this paper, we use the Hidden Markov Model, (HMM), to predict a daily stock price of three active trading stocks: Apple, Google, and Facebook, based on [...] Read more.
Future stock prices depend on many internal and external factors that are not easy to evaluate. In this paper, we use the Hidden Markov Model, (HMM), to predict a daily stock price of three active trading stocks: Apple, Google, and Facebook, based on their historical data. We first use the Akaike information criterion (AIC) and Bayesian information criterion (BIC) to choose the numbers of states from HMM. We then use the models to predict close prices of these three stocks using both single observation data and multiple observation data. Finally, we use the predictions as signals for trading these stocks. The criteria tests’ results showed that HMM with two states worked the best among two, three and four states for the three stocks. Our results also demonstrate that the HMM outperformed the naïve method in forecasting stock prices. The results also showed that active traders using HMM got a higher return than using the naïve forecast for Facebook and Google stocks. The stock price prediction method has a significant impact on stock trading and derivative hedging. Full article
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18 pages, 18784 KB  
Article
A Hidden Markov Models Approach for Crop Classification: Linking Crop Phenology to Time Series of Multi-Sensor Remote Sensing Data
by Sofia Siachalou, Giorgos Mallinis and Maria Tsakiri-Strati
Remote Sens. 2015, 7(4), 3633-3650; https://doi.org/10.3390/rs70403633 - 26 Mar 2015
Cited by 132 | Viewed by 15489
Abstract
Vegetation monitoring and mapping based on multi-temporal imagery has recently received much attention due to the plethora of medium-high spatial resolution satellites and the improved classification accuracies attained compared to uni-temporal approaches. Efficient image processing strategies are needed to exploit the phenological information [...] Read more.
Vegetation monitoring and mapping based on multi-temporal imagery has recently received much attention due to the plethora of medium-high spatial resolution satellites and the improved classification accuracies attained compared to uni-temporal approaches. Efficient image processing strategies are needed to exploit the phenological information present in temporal image sequences and to limit data redundancy and computational complexity. Within this framework, we implement the theory of Hidden Markov Models in crop classification, based on the time-series analysis of phenological states, inferred by a sequence of remote sensing observations. More specifically, we model the dynamics of vegetation over an agricultural area of Greece, characterized by spatio-temporal heterogeneity and small-sized fields, using RapidEye and Landsat ETM+ imagery. In addition, the classification performance of image sequences with variable spatial and temporal characteristics is evaluated and compared. The classification model considering one RapidEye and four pan-sharpened Landsat ETM+ images was found superior, resulting in a conditional kappa from 0.77 to 0.94 per class and an overall accuracy of 89.7%. The results highlight the potential of the method for operational crop mapping in Euro-Mediterranean areas and provide some hints for optimal image acquisition windows regarding major crop types in Greece. Full article
(This article belongs to the Special Issue Recent Advances in Remote Sensing for Crop Growth Monitoring)
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