Inform : Jurnal Ilmiah Bidang Teknologi Informasi dan Komunikasi
Vol. 5 No. 2 (2020)

Neural Network Autoregressive For Predicting Daily Gold Price

1 (STMIK Pradnya Paramita Malang)



Article Info

Publish Date
01 Aug 2020

Abstract

Gold is a precious metal that functions as a gem and also an investment. Gold investment is the reason for many people because it is practical, not easily damaged, easy cashed, not taxable, and other purposes. Based on this, many people choose gold as an investment. The problem for people who will invest in gold is related to uncertain gold price predictions so that the accuracy of forecasting methods are needed. The purpose of this paper is to forecast accurately daily gold prices using the Neural Network Autoregressive (NNAR) method. Training Data to find out the value of accuracy in the NNAR method uses secondary data obtained from Yahoo Finance in the form of daily gold prices. Test results on the NNAR method produce a better and more accurate level using the NNAR (25,13) model with a MAPE value of 0.370707, a MASE of 0.5851083, and an RMSE of 6.939331. The conclusion of the results of this paper is the daily price of gold is influenced by the daily price of gold a day ago to 24 periods ago with the NNAR (25,13) model.

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Journal Info

Abbrev

inform

Publisher

Subject

Computer Science & IT Control & Systems Engineering Electrical & Electronics Engineering Engineering Library & Information Science

Description

Inform: Jurnal Ilmiah Bidang Teknologi Informasi dan Komunikasi is One of the journals published by the Informatics Engineering Department Dr. Soetomo University, was established in January 2016. Inform a double-blind peer-reviewed journal, the aim of this journal is to publish high-quality articles ...