• Title/Summary/Keyword: Time-series data prediction

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Prediction Model of Real Estate ROI with the LSTM Model based on AI and Bigdata

  • Lee, Jeong-hyun;Kim, Hoo-bin;Shim, Gyo-eon
    • International journal of advanced smart convergence
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    • v.11 no.1
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    • pp.19-27
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    • 2022
  • Across the world, 'housing' comprises a significant portion of wealth and assets. For this reason, fluctuations in real estate prices are highly sensitive issues to individual households. In Korea, housing prices have steadily increased over the years, and thus many Koreans view the real estate market as an effective channel for their investments. However, if one purchases a real estate property for the purpose of investing, then there are several risks involved when prices begin to fluctuate. The purpose of this study is to design a real estate price 'return rate' prediction model to help mitigate the risks involved with real estate investments and promote reasonable real estate purchases. Various approaches are explored to develop a model capable of predicting real estate prices based on an understanding of the immovability of the real estate market. This study employs the LSTM method, which is based on artificial intelligence and deep learning, to predict real estate prices and validate the model. LSTM networks are based on recurrent neural networks (RNN) but add cell states (which act as a type of conveyer belt) to the hidden states. LSTM networks are able to obtain cell states and hidden states in a recursive manner. Data on the actual trading prices of apartments in autonomous districts between January 2006 and December 2019 are collected from the Actual Trading Price Disclosure System of the Ministry of Land, Infrastructure and Transport (MOLIT). Additionally, basic data on apartments and commercial buildings are collected from the Public Data Portal and Seoul Metropolitan Government's data portal. The collected actual trading price data are scaled to monthly average trading amounts, and each data entry is pre-processed according to address to produce 168 data entries. An LSTM model for return rate prediction is prepared based on a time series dataset where the training period is set as April 2015~August 2017 (29 months), the validation period is set as September 2017~September 2018 (13 months), and the test period is set as December 2018~December 2019 (13 months). The results of the return rate prediction study are as follows. First, the model achieved a prediction similarity level of almost 76%. After collecting time series data and preparing the final prediction model, it was confirmed that 76% of models could be achieved. All in all, the results demonstrate the reliability of the LSTM-based model for return rate prediction.

CNN-LSTM Coupled Model for Prediction of Waterworks Operation Data

  • Cao, Kerang;Kim, Hangyung;Hwang, Chulhyun;Jung, Hoekyung
    • Journal of Information Processing Systems
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    • v.14 no.6
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    • pp.1508-1520
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    • 2018
  • In this paper, we propose an improved model to provide users with a better long-term prediction of waterworks operation data. The existing prediction models have been studied in various types of models such as multiple linear regression model while considering time, days and seasonal characteristics. But the existing model shows the rate of prediction for demand fluctuation and long-term prediction is insufficient. Particularly in the deep running model, the long-short-term memory (LSTM) model has been applied to predict data of water purification plant because its time series prediction is highly reliable. However, it is necessary to reflect the correlation among various related factors, and a supplementary model is needed to improve the long-term predictability. In this paper, convolutional neural network (CNN) model is introduced to select various input variables that have a necessary correlation and to improve long term prediction rate, thus increasing the prediction rate through the LSTM predictive value and the combined structure. In addition, a multiple linear regression model is applied to compile the predicted data of CNN and LSTM, which then confirms the data as the final predicted outcome.

Stock Price Prediction Based on Time Series Network (시계열 네트워크에 기반한 주가예측)

  • Park, Kang-Hee;Shin, Hyun-Jung
    • Korean Management Science Review
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    • v.28 no.1
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    • pp.53-60
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    • 2011
  • Time series analysis methods have been traditionally used in stock price prediction. However, most of the existing methods represent some methodological limitations in reflecting influence from external factors that affect the fluctuation of stock prices, such as oil prices, exchange rates, money interest rates, and the stock price indexes of other countries. To overcome the limitations, we propose a network based method incorporating the relations between the individual company stock prices and the external factors by using a graph-based semi-supervised learning algorithm. For verifying the significance of the proposed method, it was applied to the prediction problems of company stock prices listed in the KOSPI from January 2007 to August 2008.

An Empirical Study on Aircraft Repair Parts Prediction Model Using Machine Learning (머신러닝을 이용한 항공기 수리부속 예측 모델의 실증적 연구)

  • Lee, Chang-Ho;Kim, Woong-Yi;Choi, Youn-Chul
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.26 no.4
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    • pp.101-109
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    • 2018
  • In order to predict the future needs of the aircraft repair parts, each military group develops and applies various techniques to their characteristics. However, the aircraft and the equipped weapon systems are becoming increasingly advanced, and there is a problem in improving the hit rate by applying the existing demand prediction technique due to the change of the aircraft condition according to the long term operation of the aircraft. In this study, we propose a new prediction model based on the conventional time-series analysis technique to improve the prediction accuracy of aircraft repair parts by using machine learning model. And we show the most effective predictive method by demonstrating the change of hit rate based on actual data.

Clustering of Seoul Public Parking Lots and Demand Prediction (서울시 공영주차장 군집화 및 수요 예측)

  • Jeongjoon Hwang;Young-Hyun Shin;Hyo-Sub Sim;Dohyun Kim;Dong-Guen Kim
    • Journal of Korean Society for Quality Management
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    • v.51 no.4
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    • pp.497-514
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    • 2023
  • Purpose: This study aims to estimate the demand for various public parking lots in Seoul by clustering similar demand types of parking lots and predicting the demand for new public parking lots. Methods: We examined real-time parking information data and used time series clustering analysis to cluster public parking lots with similar demand patterns. We also performed various regression analyses of parking demand based on diverse heterogeneous data that affect parking demand and proposed a parking demand prediction model. Results: As a result of cluster analysis, 68 public parking lots in Seoul were clustered into four types with similar demand patterns. We also identified key variables impacting parking demand and obtained a precise model for predicting parking demands. Conclusion: The proposed prediction model can be used to improve the efficiency and publicity of public parking lots in Seoul, and can be used as a basis for constructing new public parking lots that meet the actual demand. Future research could include studies on demand estimation models for each type of parking lot, and studies on the impact of parking lot usage patterns on demand.

CNN-LSTM based Wind Power Prediction System to Improve Accuracy (정확도 향상을 위한 CNN-LSTM 기반 풍력발전 예측 시스템)

  • Park, Rae-Jin;Kang, Sungwoo;Lee, Jaehyeong;Jung, Seungmin
    • New & Renewable Energy
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    • v.18 no.2
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    • pp.18-25
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    • 2022
  • In this study, we propose a wind power generation prediction system that applies machine learning and data mining to predict wind power generation. This system increases the utilization rate of new and renewable energy sources. For time-series data, the data set was established by measuring wind speed, wind generation, and environmental factors influencing the wind speed. The data set was pre-processed so that it could be applied appropriately to the model. The prediction system applied the CNN (Convolutional Neural Network) to the data mining process and then used the LSTM (Long Short-Term Memory) to learn and make predictions. The preciseness of the proposed system is verified by comparing the prediction data with the actual data, according to the presence or absence of data mining in the model of the prediction system.

Forecasting of Motorway Traffic Flow based on Time Series Analysis (시계열 분석을 활용한 고속도로 교통류 예측)

  • Yoon, Byoung-Jo
    • Journal of Urban Science
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    • v.7 no.1
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    • pp.45-54
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    • 2018
  • The purpose of this study is to find the factors that reduce prediction error in traffic volume using highway traffic volume data. The ARIMA model was used to predict the day, and it was confirmed that weekday and weekly characteristics were distinguished by prediction error. The forecasting results showed that weekday characteristics were prominent on Tuesdays, Wednesdays, and Thursdays, and forecast errors including MAPE and MAE on Sunday were about 15% points and about 10 points higher than weekday characteristics. Also, on Friday, the forecast error was high on weekdays, similar to Sunday's forecast error, unlike Tuesday, Wednesday, and Thursday, which had weekday characteristics. Therefore, when forecasting the time series belonging to Friday, it should be regarded as a weekly characteristic having characteristics similar to weekend rather than considering as weekday.

Recursive Short-Term Load Forecasting Using Kalman Filter and Time Series (칼만 필터와 시계열을 이용한 순환단기 부하예측)

  • 박영문;정정주
    • The Transactions of the Korean Institute of Electrical Engineers
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    • v.32 no.6
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    • pp.191-198
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    • 1983
  • This paper describes the aplication of different model which can be used for short-term load prediction. The model is based on Bohlin's approach to first develop a load profile model representing the nominal load component and the Box-Jenkins approach is used to predict residuals. An on-line algorithm using Kalman Filter and Time Series is implemented for and hour-ahead prediction. In the Kalman Filter system equation and measurement equation were fixed and parameters of Time Series were varied week after week. A set of data for Korea Electric Power Corporation from April to June 1981 was used for the evaluation of the model. As the result of this simulation 1.2% rms error was acquired.

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Degradation Prediction and Analysis of Lithium-ion Battery using the S-ARIMA Model with Seasonality based on Time Series Models (시계열 모델 기반의 계절성에 특화된 S-ARIMA 모델을 사용한 리튬이온 배터리의 노화 예측 및 분석)

  • Kim, Seungwoo;Lee, Pyeong-Yeon;Kwon, Sanguk;Kim, Jonghoon
    • The Transactions of the Korean Institute of Power Electronics
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    • v.27 no.4
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    • pp.316-324
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    • 2022
  • This paper uses seasonal auto-regressive integrated moving average (S-ARIMA), which is efficient in seasonality between time-series models, to predict the degradation tendency for lithium-ion batteries and study a method for improving the predictive performance. The proposed method analyzes the degradation tendency and extracted factors through an electrical characteristic experiment of lithium-ion batteries, and verifies whether time-series data are suitable for the S-ARIMA model through several statistical analysis techniques. Finally, prediction of battery aging is performed through S-ARIMA, and performance of the model is verified through error comparison of predictions through mean absolute error.

Investigating the performance of different decomposition methods in rainfall prediction from LightGBM algorithm

  • Narimani, Roya;Jun, Changhyun;Nezhad, Somayeh Moghimi;Parisouj, Peiman
    • Proceedings of the Korea Water Resources Association Conference
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    • 2022.05a
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    • pp.150-150
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    • 2022
  • This study investigates the roles of decomposition methods on high accuracy in daily rainfall prediction from light gradient boosting machine (LightGBM) algorithm. Here, empirical mode decomposition (EMD) and singular spectrum analysis (SSA) methods were considered to decompose and reconstruct input time series into trend terms, fluctuating terms, and noise components. The decomposed time series from EMD and SSA methods were used as input data for LightGBM algorithm in two hybrid models, including empirical mode-based light gradient boosting machine (EMDGBM) and singular spectrum analysis-based light gradient boosting machine (SSAGBM), respectively. A total of four parameters (i.e., temperature, humidity, wind speed, and rainfall) at a daily scale from 2003 to 2017 is used as input data for daily rainfall prediction. As results from statistical performance indicators, it indicates that the SSAGBM model shows a better performance than the EMDGBM model and the original LightGBM algorithm with no decomposition methods. It represents that the accuracy of LightGBM algorithm in rainfall prediction was improved with the SSA method when using multivariate dataset.

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