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Record W4379013934 · doi:10.1117/12.2681675

Times series analysis on crude oil price

2023· article· en· W4379013934 on OpenAlexaff
Yitian Zhang, Junshan Zheng

Bibliographic record

Venuenot available
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicMarket Dynamics and Volatility
Canadian institutionsUniversity of Toronto
Fundersnot available
KeywordsOverfittingCrude oilVariable (mathematics)Computer scienceSeries (stratigraphy)Time seriesEconometricsOil priceMachine learningModel selectionFeature selectionSpot contractArtificial intelligenceFutures contractArtificial neural networkMathematicsEconomicsEngineeringPetroleum engineering

Abstract

fetched live from OpenAlex

This paper mainly investigates monthly crude oil price prediction leveraging some traditional time series models and machine learning models. We combined variables suggested from past literature with models suggested from other literature to figure out an approach to improve model prediction accuracy on monthly crude oil price. We first did preliminary variable selections to choose the variables that are most likely related to the crude oil price. Then we established different time series models including a machine learning model on the selected variables. Our approach of modeling and predicting monthly crude oil prices performs well, with slight improvement compared with literature in terms of prediction accuracy. The OLS model plays an important role in variable selection, which improves the model’s performance. LSTM model has the best overall performance, especially did a good job in forecasting oil price during pandemic without overfitting.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.003
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.009
Threshold uncertainty score0.018

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0000.003
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.002
Science and technology studies0.0000.000
Scholarly communication0.0010.001
Open science0.0000.000
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0020.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.021
GPT teacher head0.222
Teacher spread0.201 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2023
Admission routes1
Has abstractyes

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