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Comparative Analysis of Deep Learning Models for Silver Price Prediction: CNN, LSTM, GRU and Hybrid Approach

Cilt: 24 Sayı: 1 22 Mayıs 2024
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Comparative Analysis of Deep Learning Models for Silver Price Prediction: CNN, LSTM, GRU and Hybrid Approach

Öz

In this study, the performance of different deep learning algorithms to predict silver prices was evaluated. It was focused on the use of deep learning models such as CNN, LSTM, and GRU for the prediction process, as well as a new hybrid model based on combining these models. Each algorithm was trained on historical silver price data and compared its performance in price prediction using this data. This approach aims to achieve more comprehensive and accurate forecasts by combining the strengths of each model. It also makes a unique contribution to the literature in this area by addressing a specialized area such as the silver market, which is often neglected in financial forecasting. The study presents an innovative approach to financial forecasting and analysis methodologies, highlighting the advantages and potential of deep learning models for time-series data processing. The results compare the ability of these algorithms to analyze silver prices based on historical data only and to assess past trends. The study showed that these algorithms exhibit different performances in analyzing historical data. In conclusion, this study compared the performance of different deep learning algorithms for predicting silver prices based on historical data and found that the CNN-LSTM-GRU hybrid model has the potential to make better predictions. These results can provide guidance to researchers working on financial analysis and forecasting.

Anahtar Kelimeler

Kaynakça

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  3. Brownlee, J. (2020), How to Grid Search Deep Learning Models for Time Series Forecasting, https://machinelearningmastery.com/how-to-grid-search-deep-learning-models-for-time-series-forecasting/ Access Date: 18.12.2023
  4. Buslim, N., Rahmatullah, I. L., Setyawan, B. A., & Alamsyah, A. (2021, September). Comparing Bitcoin's Prediction Model Using GRU, RNN, and LSTM by Hyperparameter Optimization Grid Search and Random Search. In 2021 9th International Conference on Cyber and IT Service Management (CITSM) (pp. 1-6). IEEE.
  5. Cansu, T., Kolemen, E., Karahasan, Ö., Bas, E., & Egrioglu, E. (2023). A new training algorithm for long short-term memory artificial neural network based on particle swarm optimization. Granular Computing, 1-14.
  6. Chen, J. (2023). Analysis of bitcoin price prediction using machine learning. Journal of Risk and Financial Management, 16(1), 51.
  7. Cho K., Van Merrienboer B., Gulcehre C.et al., (2014), Learning phrase representations using RNN encoder-decoder for statistical machine translation, arXiv preprint arXiv:1406.1078, 2014.
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Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonometrik ve İstatistiksel Yöntemler, Ekonomik Modeller ve Öngörü

Bölüm

Araştırma Makalesi

Erken Görünüm Tarihi

8 Şubat 2024

Yayımlanma Tarihi

22 Mayıs 2024

Gönderilme Tarihi

13 Aralık 2023

Kabul Tarihi

23 Aralık 2023

Yayımlandığı Sayı

Yıl 2024 Cilt: 24 Sayı: 1

Kaynak Göster

APA
Gür, Y. E. (2024). Comparative Analysis of Deep Learning Models for Silver Price Prediction: CNN, LSTM, GRU and Hybrid Approach. Akdeniz İİBF Dergisi, 24(1), 1-13. https://doi.org/10.25294/auiibfd.1404173
AMA
1.Gür YE. Comparative Analysis of Deep Learning Models for Silver Price Prediction: CNN, LSTM, GRU and Hybrid Approach. Akdeniz İİBF Dergisi. 2024;24(1):1-13. doi:10.25294/auiibfd.1404173
Chicago
Gür, Yunus Emre. 2024. “Comparative Analysis of Deep Learning Models for Silver Price Prediction: CNN, LSTM, GRU and Hybrid Approach”. Akdeniz İİBF Dergisi 24 (1): 1-13. https://doi.org/10.25294/auiibfd.1404173.
EndNote
Gür YE (01 Mayıs 2024) Comparative Analysis of Deep Learning Models for Silver Price Prediction: CNN, LSTM, GRU and Hybrid Approach. Akdeniz İİBF Dergisi 24 1 1–13.
IEEE
[1]Y. E. Gür, “Comparative Analysis of Deep Learning Models for Silver Price Prediction: CNN, LSTM, GRU and Hybrid Approach”, Akdeniz İİBF Dergisi, c. 24, sy 1, ss. 1–13, May. 2024, doi: 10.25294/auiibfd.1404173.
ISNAD
Gür, Yunus Emre. “Comparative Analysis of Deep Learning Models for Silver Price Prediction: CNN, LSTM, GRU and Hybrid Approach”. Akdeniz İİBF Dergisi 24/1 (01 Mayıs 2024): 1-13. https://doi.org/10.25294/auiibfd.1404173.
JAMA
1.Gür YE. Comparative Analysis of Deep Learning Models for Silver Price Prediction: CNN, LSTM, GRU and Hybrid Approach. Akdeniz İİBF Dergisi. 2024;24:1–13.
MLA
Gür, Yunus Emre. “Comparative Analysis of Deep Learning Models for Silver Price Prediction: CNN, LSTM, GRU and Hybrid Approach”. Akdeniz İİBF Dergisi, c. 24, sy 1, Mayıs 2024, ss. 1-13, doi:10.25294/auiibfd.1404173.
Vancouver
1.Yunus Emre Gür. Comparative Analysis of Deep Learning Models for Silver Price Prediction: CNN, LSTM, GRU and Hybrid Approach. Akdeniz İİBF Dergisi. 01 Mayıs 2024;24(1):1-13. doi:10.25294/auiibfd.1404173

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