• 제목/요약/키워드: Forecasting analysis

검색결과 1,570건 처리시간 0.027초

Accuracy analysis of flood forecasting of a coupled hydrological and NWP (Numerical Weather Prediction) model

  • Nguyen, Hoang Minh;Bae, Deg-Hyo
    • 한국수자원학회:학술대회논문집
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    • 한국수자원학회 2017년도 학술발표회
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    • pp.194-194
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    • 2017
  • Flooding is one of the most serious and frequently occurred natural disaster at many regions around the world. Especially, under the climate change impact, it is more and more increasingly trend. To reduce the flood damage, flood forecast and its accuracy analysis are required. This study is conducted to analyze the accuracy of the real-time flood forecasting of a coupled meteo-hydrological model for the Han River basin, South Korea. The LDAPS (Local Data Assimilation and Prediction System) products with the spatial resolution of 1.5km and lead time of 36 hours are extracted and used as inputs for the SURR (Sejong University Rainfall-Runoff) model. Three statistical criteria consisting of CC (Corelation Coefficient), RMSE (Root Mean Square Error) and ME (Model Efficiency) are used to evaluate the performance of this couple. The results are expected that the accuracy of the flood forecasting reduces following the increase of lead time corresponding to the accuracy reduction of LDAPS rainfall. Further study is planed to improve the accuracy of the real-time flood forecasting.

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Technology forecasting from the perspective of integration of technologies: Drone technology

  • Jinho, Kim;Jaiill, Lee;Eunyoung, Yang;Seokjoong, Kang
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • 제17권1호
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    • pp.31-50
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    • 2023
  • In the midst of dynamic industrial changes, companies need data analysis considering the effects of integration of various technologies in order to establish innovative R & D strategies. However, the existing technology forecasting model evaluates individual technologies without considering relationship among them. To improve this problem, this study suggests a new methodology reflecting the integration of technologies. In the study, a technology forecasting indicator was developed using the technology integration index based on social network analysis. In order to verify the validity of the proposed methodology, 'drone task performance technology' based on patent data was applied to the research model. This study aimed to establish a theoretical basis to design a research model that reflects the degree of integration of technologies when conducting technology forecasting research. In addition, this study is meaningful in that it quantitatively verified the proposed methodology using actual patent data.

추석 연휴 전력수요 특성 분석을 통한 단기전력 수요예측 기법 개발 (Development of Short-Term Load Forecasting Method by Analysis of Load Characteristics during Chuseok Holiday)

  • 권오성;송경빈
    • 전기학회논문지
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    • 제60권12호
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    • pp.2215-2220
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    • 2011
  • The accurate short-term load forecasting is essential for the efficient power system operation and the system marginal price decision of the electricity market. So far, errors of load forecasting for Chuseok Holiday are very big compared with forecasting errors for the other special days. In order to improve the accuracy of load forecasting for Chuseok Holiday, selection of input data, the daily normalized load patterns and load forecasting model are investigated. The efficient data selection and daily normalized load pattern based on fuzzy linear regression model is proposed. The proposed load forecasting method for Chuseok Holiday is tested in recent 5 years from 2006 to 2010, and improved the accuracy of the load forecasting compared with the former research.

A Comparative Study on the Forecasting Performance of Range Volatility Estimators using KOSPI 200 Tick Data

  • Kim, Eun-Young;Park, Jong-Hae
    • 재무관리연구
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    • 제26권2호
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    • pp.181-201
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    • 2009
  • This study is on the forecasting performance analysis of range volatility estimators(Parkinson, Garman and Klass, and Rogers and Satchell) relative to historical one using two-scale realized volatility estimator as a benchmark. American sub-prime mortgage loan shock to Korean stock markets happened in sample period(January 2, 2006~March 10, 2008), so the structural change somewhere within this period can make a huge influence on the results. Therefore sample was divided into two sub-samples by May 30, 2007 according to Zivot and Andrews unit root test results. As expected, the second sub-sample was much more volatile than the first sub-sample. As a result of forecasting performance analysis, Rogers and Satchell volatility estimator showed the best forecasting performance in the full sample and relatively better forecasting performance than other estimators in sub-samples. Range volatility estimators showed better forecasting performance than historical volatility estimator during the period before the outbreak of structural change(the first sub-sample). On the contrary, the forecasting performance of range volatility estimators couldn't beat that of historical volatility estimator during the period after this event(the second sub-sample). The main culprit of this result seems to be the increment of range volatility caused by that of intraday volatility after structural change.

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Comparison of forecasting performance of time series models for the wholesale price of dried red peppers: focused on ARX and EGARCH

  • Lee, Hyungyoug;Hong, Seungjee;Yeo, Minsu
    • 농업과학연구
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    • 제45권4호
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    • pp.859-870
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    • 2018
  • Dried red peppers are a staple agricultural product used in Korean cuisine and as such, are an important aspect of agricultural producers' income. Correctly forecasting both their supply and demand situations and price is very important in terms of the producers' income and consumer price stability. The primary objective of this study was to compare the performance of time series forecasting models for dried red peppers in Korea. In this study, three models (an autoregressive model with exogenous variables [ARX], AR-exponential generalized autoregressive conditional heteroscedasticity [EGARCH], and ARX-EGARCH) are presented for forecasting the wholesale price of dried red peppers. As a result of the analysis, it was shown that the ARX model and ARX-EGARCH model, each of which adopt both the rolling window and the adding approach and use the agricultural cooperatives price as the exogenous variable, showed a better forecasting performance compared to the autoregressive model (AR)-EGARCH model. Based on the estimation methods and results, there was no significant difference in the accuracy of the estimation between the rolling window and adding approach. In the case of dried red peppers, there is limitation in building the price forecasting models with a market-structured approach. In this regard, estimating a forecasting model using only price data and identifying the forecast performance can be expected to complement the current pricing forecast model which relies on market shipments.

The Impact of Overvaluation on Analysts' Forecasting Errors

  • CHA, Sang-Kwon;CHOI, Hyunji
    • 산경연구논집
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    • 제11권1호
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    • pp.39-47
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    • 2020
  • Purpose: This study investigated the effects of valuation errors on the capital market through the earnings forecasting errors of financial analysts. As a follow-up to Jensen (2005)'s study, which argued of agency cost of overvaluation, it was intended to analyze the effect of valuation errors on the earnings forecasting behavior of financial analysts. We hypothesized that if the manager tried to explain to the market that their firms are overvalued, the analysts' earnings forecasting errors would decrease. Research design, data and methodology: To this end, the analysis period was set from 2011 to 2018 of KOSPI and KOSDAQ-listed markets. For overvaluation, the study methodology of Rhodes-Kropf, Robinson, and Viswanathan (2005) was measured. The earnings forecasting errors of the financial analyst was measured by the accuracy and bias. Results: Empirical analysis shows that the accuracy and bias of analysts' forecasting errors decrease as overvaluation increase. Second, the negative relationship showed no difference, depending on the size of the auditor. Third, the results have not changed sensitively according to the listed market. Conclusions: Our results indicated that the valuation error lowered the financial analyst earnings forecasting errors. Considering that the greater overvaluation, the higher the compensation and reputation of the manager, it can be interpreted that an active explanation of the market can promote the accuracy of the financial analyst's earnings forecasts. This study has the following contributions when compared to prior research. First, the impact of valuation errors on the capital market was analyzed for the domestic capital market. Second, while there has been no research between valuation error and earnings forecasting by financial analysts, the results of the study suggested that valuation errors reduce financial analyst's earnings forecasting errors. Third, valuation error induced lower the earnings forecasting error of the financial analyst. The greater the valuation error, the greater the management's effort to explain the market more actively. Considering that the greater the error in valuation, the higher the compensation and reputation of the manager, it can be interpreted that an active explanation of the market can promote the accuracy of the financial analyst's earnings forecasts.

지표격자해상도 및 우수관망 간소화 수준에 따른 도시홍수 예측 성능검토 (Performance Analysis of Grid Resolution and Storm Sewage Network for Urban Flood Forecasting)

  • 심상보;김형준
    • 한국안전학회지
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    • 제39권1호
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    • pp.70-81
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    • 2024
  • With heavy rainfall due to extreme weather causing increasing damage, the importance of urban flood forecasting continues to grow. To forecast urban flooding accurately and promptly, a sewer network and surface grid with appropriate detail are necessary. However, for urban areas with complex storm sewer networks and terrain structures, high-resolution grids and detailed networks can significantly prolong the analysis. Therefore, determining an appropriate level of network simplification and a suitable surface grid resolution is essential to secure the golden time for urban flood forecasting. In this study, InfoWorks ICM, a software program capable of 1D-2D coupled simulation, was used to examine urban flood forecasting performance for storm sewer networks with various levels of simplification and different surface grid resolutions. The inundation depth, inundation area, and simulation time were analyzed for each simplification level. Based on the analysis, the simulation time was reduced by up to 65% upon simplifying the storm sewer networks and by up to 96% depending on the surface grid resolution; further, the inundation area was overestimated as the grid resolution increased. This study provides insights into optimizing the simplification level and surface grid resolution for storm sewer networks to ensure efficient and accurate urban flood forecasting.

신경망의 선별학습 집중화를 이용한 효율적 온도변화예측모델 구현 (Implementation of Efficient Weather Forecasting Model Using the Selecting Concentration Learning of Neural Network)

  • 이기준;강경아;정채영
    • 한국통신학회논문지
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    • 제25권6B호
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    • pp.1120-1126
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    • 2000
  • Recently, in order to analyze the time series problems that occur in the nature word, and analyzing method using a neural electric network is being studied more than a typical statistical analysis method. A neural electric network has a generalization performance that is possible to estimate and analyze about non-learning data through the learning of a population. In this paper, after collecting weather datum that was collected from 1987 to 1996 and learning a population established, it suggests the weather forecasting system for an estimation and analysis the future weather. The suggested weather forecasting system uses 28*30*1 neural network structure, raises the total learning numbers and accuracy letting the selecting concentration learning about the pattern, that is not collected, using the descending epsilon learning method. Also, the weather forecasting system, that is suggested through a comparative experiment of the typical time series analysis method shows more superior than the existing statistical analysis method in the part of future estimation capacity.

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유역 유출 예측 시스템 개발 (Development of Rainfall-Runoff forecasting System)

  • 황만하;맹승진;고익환;류소라
    • 한국수자원학회:학술대회논문집
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    • 한국수자원학회 2004년도 학술발표회
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    • pp.709-712
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    • 2004
  • The development of a basin-wide runoff analysis model is to analysis monthly and daily hydrologic runoff components including surface runoff, subsurface runoff, return flow, etc. at key operation station in the targeted basin. h short-term water demand forecasting technology will be developed fatting into account the patterns of municipal, industrial and agricultural water uses. For the development and utilization of runoff analysis model, relevant basin information including historical precipitation and river water stage data, geophysical basin characteristics, and water intake and consumptions needs to be collected and stored into the hydrologic database of Integrated Real-time Water Information System. The well-known SSARR model was selected for the basis of continuous daily runoff model for forecasting short and long-term natural flows.

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DEA기반 순위선정 절차를 활용한 주력전차의 기술예측방법 비교연구 (A Comparative Study of Technological Forecasting Methods with the Case of Main Battle Tank by Ranking Efficient Units in DEA)

  • 김재오;김재희;김승권
    • 한국국방경영분석학회지
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    • 제33권2호
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    • pp.61-73
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    • 2007
  • 본 연구의 목적은 미래 기술예측에 사용되는 TFDEA(Technological Forecasting with Data Envelopment Analysis)의 문제점을 살펴보고 이의 개선방향을 찾아 주력전차의 기술예측 문제에 적용해 보는 것이다. 기존의 TFDEA는 복수의 DMU(Decison Making Unit)를 효율적 DMU로 판정하는 DEA(Data Envelopment Analysis)의 특성상 실제로는 그다지 효율적이지 않은 DMU까지 포함해서 기슬예측을 수행함으로써 예측 결과의 정확도가 저하될 수 있다. 본 연구에서는 DEA의 확장된 개념을 적용하여 평가 대상 DMU에 대한 순위를 산정한 후 이를 토대로 기술 예측을 시행하는 방법을 검토해 보았다. 이를 위해 일반적인 DEA기반의 순위선정 방법 중 대표적인 Super-efficiency, Cross-efficiency, CCCA(Constrained Canonical Correlation Analysis)을 TFDEA에 결합 적용하고 이들을 비교해 보았다. 제시된 방법을 주력 전차의 미래 기술 예측 문제에 적용한 결과 CCCA를 이용한 순위선정방법이 실제 실현된 기술 수준과 비교했을 때 통계적으로 가장 작은 오차율을 보였다.