Author(s)

Zibin Bi ¹, Yaxuan Du ¹, Ruixuan Hao ¹

Affiliation(s)

¹ Shihezi University, Shihezi, Xinjiang, 832061, China

Corresponding Author

ABSTRACT

To predict the future five years traders how to the decision-making of assets, according to the price of gold and currency data continuity and periodicity, we established the grey forecasting model to reduce the computational complexity based on GM (1,1) model. Use investment data from the initial period to conduct model training and predict gold and bitcoin prices for the next period. To better reflect the cyclical fluctuations of price in the investment market, the weighted results of the expected price and the actual price of the previous year are taken as the expectations of this period.

KEYWORDS

CITE THIS PAPER

Zibin Bi, Yaxuan Du, Ruixuan Hao, Predict the Price change over time based on GM (1,1) model. Financial Engineering and Risk Management (2022) Vol. 5: 53-56. DOI: http://dx.doi.org/10.23977/ferm.2022.050209.

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