Application of econometric modeling techniques for foreign exchange rate forecasting
Автор: Shantseva AA
Журнал: Экономика и социум @ekonomika-socium
Статья в выпуске: 2 (33), 2017 года.
Бесплатный доступ
In a turbulent economic environment, being able toforecast the direction of exchange rates is a key factor behind hedging, investment, financing and capital budgeting decisions. The article focuses on the application of econometrics and mathematical modelling techniques for the purpose of forecasting foreign exchange rateы. A Support Vector Regression Model is used to produce a USD/RUB exchange rate forecast for the first quarter of 2016. The model proves to have high predictivepower, and therefore it might be of great use for FX market traders, investors and speculators.
Econometric model, foreign exchange rate, exchange rate forecasting, regression analysis, support vector regression (svr), support vector machine (svm)
Короткий адрес: https://sciup.org/140124627
IDR: 140124627
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