Performance evaluation of series and parallel strategies for financial time series forecasting

Background:Improving financial time series forecasting is one of the most challenging and vital issues facing numerous financial analysts and decision makers.Given its direct impact on related decisions,various attempts have been made to achieve more accurate and reliable forecasting results,of which the combining of individual models remains a widely applied approach.In general,individual models are combined under two main strategies:series and parallel.While it has been proven that these strategies can improve overall forecasting accuracy,the literature on time series forecasting remains vague on the choice of an appropriate strategy to generate a more accurate hybrid model.Methods:Therefore,this study’s key aim is to evaluate the performance of series and parallel strategies to determine a more accurate one.Results:Accordingly,the predictive capabilities of five hybrid models are constructed on the basis of series and parallel strategies compared with each other and with their base models to forecast stock price.To do so,autoregressive integrated moving average(ARIMA)and multilayer perceptrons(MLPs)are used to construct two series hybrid models,ARIMA-MLP and MLP-ARIMA,and three parallel hybrid models,simple average,linear regression,and genetic algorithm models.Conclusion:The empirical forecasting results for two benchmark datasets,that is,the closing of the Shenzhen Integrated Index(SZII)and that of Standard and Poor’s 500(S&P 500),indicate that although all hybrid models perform better than at least one of their individual components,the series combination strategy produces more accurate hybrid models for financial time series forecasting.

Application of a Parallel Adaptive Cuckoo Search Algorithm in the Rectangle Layout Problem

The meta-heuristic algorithm is a global probabilistic search algorithm for the iterative solution.It has good performance in global optimization fields such as maximization.In this paper,a new adaptive parameter strategy and a parallel communication strategy are proposed to further improve the Cuckoo Search(CS)algorithm.This strategy greatly improves the convergence speed and accuracy of the algorithm and strengthens the algorithm’s ability to jump out of the local optimal.This paper compares the optimization performance of Parallel Adaptive Cuckoo Search(PACS)with CS,Parallel Cuckoo Search(PCS),Particle Swarm Optimization(PSO),Sine Cosine Algorithm(SCA),Grey Wolf Optimizer(GWO),Whale Optimization Algorithm(WOA),Differential Evolution(DE)and Artificial Bee Colony(ABC)algorithms by using the CEC-2013 test function.The results show that PACS algorithmoutperforms other algorithms in 20 of 28 test functions.Due to the superior performance of PACS algorithm,this paper uses it to solve the problem of the rectangular layout.Experimental results show that this scheme has a significant effect,and the material utilization rate is improved from89.5%to 97.8%after optimization.

A novel hybrid estimation of distribution algorithm for solving hybrid flowshop scheduling problem with unrelated parallel machine

The hybrid flow shop scheduling problem with unrelated parallel machine is a typical NP-hard combinatorial optimization problem, and it exists widely in chemical, manufacturing and pharmaceutical industry. In this work, a novel mathematic model for the hybrid flow shop scheduling problem with unrelated parallel machine(HFSPUPM) was proposed. Additionally, an effective hybrid estimation of distribution algorithm was proposed to solve the HFSPUPM, taking advantage of the features in the mathematic model. In the optimization algorithm, a new individual representation method was adopted. The(EDA) structure was used for global search while the teaching learning based optimization(TLBO) strategy was used for local search. Based on the structure of the HFSPUPM, this work presents a series of discrete operations. Simulation results show the effectiveness of the proposed hybrid algorithm compared with other algorithms.

DEVELOPMENT OF THE ENERGY MANAGEMENT STRATEGY FOR PARALLEL HYBRID ELECTRIC URBAN BUSES

A novel parallel hybrid electrical urban bus （PHEUB） configuration consisting of an extra one-way clutch and an automatic mechanical transmission （AMT） is taken as the study subject. An energy management strategy combining a logic threshold approach and an instantaneous optimization algorithm is proposed for the investigated PHEUB. The objective of the energy management strategy is to achieve acceptable vehicle performance and drivability requirements while simultaneously maximizing the engine fuel consumption and maintaining the battery state of charge in its operation range at all times. Under the environment of Matlab/Simulink, a computer simulation model for the PHEUB is constructed by using the model building method combining theoretical analysis and bench test data. Simulation and experiment results for China Typical Bus Driving Schedule at Urban District （CTBDS_UD） are obtained, and the results indicate that the proposed control strategy not only controls the hybrid system efficiently but also improves the fuel economy significantly.

Parallel scheduling strategy of web-based spatial computing tasks in multi-core environment

In order to improve the concurrent access performance of the web-based spatial computing system in cluster,a parallel scheduling strategy based on the multi-core environment is proposed,which includes two levels of parallel processing mechanisms.One is that it can evenly allocate tasks to each server node in the cluster and the other is that it can implement the load balancing inside a server node.Based on the strategy,a new web-based spatial computing model is designed in this paper,in which,a task response ratio calculation method,a request queue buffer mechanism and a thread scheduling strategy are focused on.Experimental results show that the new model can fully use the multi-core computing advantage of each server node in the concurrent access environment and improve the average hits per second,average I/O Hits,CPU utilization and throughput.Using speed-up ratio to analyze the traditional model and the new one,the result shows that the new model has the best performance.The performance of the multi-core server nodes in the cluster is optimized;the resource utilization and the parallel processing capabilities are enhanced.The more CPU cores you have,the higher parallel processing capabilities will be obtained.

Edge Intelligence with Distributed Processing of DNNs:A Survey

Withthe rapiddevelopment of deep learning,the size of data sets anddeepneuralnetworks(DNNs)models are also booming.As a result,the intolerable long time for models’training or inference with conventional strategies can not meet the satisfaction of modern tasks gradually.Moreover,devices stay idle in the scenario of edge computing(EC),which presents a waste of resources since they can share the pressure of the busy devices but they do not.To address the problem,the strategy leveraging distributed processing has been applied to load computation tasks from a single processor to a group of devices,which results in the acceleration of training or inference of DNN models and promotes the high utilization of devices in edge computing.Compared with existing papers,this paper presents an enlightening and novel review of applying distributed processing with data and model parallelism to improve deep learning tasks in edge computing.Considering the practicalities,commonly used lightweight models in a distributed system are introduced as well.As the key technique,the parallel strategy will be described in detail.Then some typical applications of distributed processing will be analyzed.Finally,the challenges of distributed processing with edge computing will be described.

GPU-ACCELERATED FEM SOLVER FOR THREE DIMENSIONAL ELECTROMAGNETIC ANALYSIS

A new Graphics Processing Unit(GPU) parallelization strategy is proposed to accelerate sparse finite element computation for three dimensional electromagnetic analysis.The parallelization strategy is employed based on a new compression format called sliced ELL Four(sliced ELL-F).The sliced ELL-F format-based parallelization strategy is designed for hastening many addition,dot product,and Sparse Matrix Vector Product(SMVP) operations in the Conjugate Gradient Norm(CGN) calculation of finite element equations.The new implementation of SMVP on GPUs is evaluated.The proposed strategy executed on a GPU can efficiently solve sparse finite element equations,espe-cially when the equations are huge sparse(size of most rows in a coefficient matrix is less than 8).Numerical results show the sliced ELL-F format-based parallelization strategy can reach signi?cant speedups compared to Compressed Sparse Row(CSR) format.

AERODYNAMIC OPTIMIZATION DESIGN OF LOW ASPECT RATIO TRANSONIC TURBINE STAGE

The advanced optimization method named as adaptive range differential evolution （ARDE） is developed. The optimization performance of ARDE is demonstrated using a typical mathematical test and compared with the standard genetic algorithm and differential evolution. Combined with parallel ARDE, surface modeling method and Navier-Stokes solution, a new automatic aerodynamic optimization method is presented. A low aspect ratio transonic turbine stage is optimized for the maximization of the isentropic efficiency with forty-one design variables in total. The coarse-grained parallel strategy is applied to accelerate the design process using 15 CPUs. The isentropic efficiency of the optimum design is 1.6% higher than that of the reference design. The aerodynamic performance of the optimal design is much better than that of the reference design.

Fuzzy energy management strategy for parallel HEV based on pigeon-inspired optimization algorithm

Improvements in fuel consumption and emissions of hybrid electric vehicle(HEV)heavily depend upon an efficient energy management strategy(EMS).This paper presents an optimizing fuzzy control strategy of parallel hybrid electric vehicle em-

A dual control strategy for power sharing improvement in islanded mode of AC microgrid

Parallel operation of inverter modules is the solution to increase the reliability,efficiency,and redundancy of inverters in microgrids.Load sharing among inverters in distributed generators(DGs)is a key issue.This study investigates the feasibility of power-sharing among parallel DGs using a dual control strategy in islanded mode of a microgrid.PQ control and droop control techniques are established to control the microgrid operation.P-f and Q-E droop control is used to attain real and reactive power sharing.The frequency variation caused by load change is an issue in droop control strategy whereas the tracking error of inverter power in PQ control is also a challenge.To address these issues,two DGs are interfaced with two parallel inverters in an islanded AC microgrid.PQ control is investigated for controlling the output real and reactive power of the DGs by assigning their references.The inverter under enhanced droop control implements power reallocation to restore the frequency among the distributed generators with predefined droop characteristics.A dual control strategy is proposed for the AC microgrid under islanded operation without communication link.Simulation studies are carried out using MATLAB/SIMULINK and the results show the validity and effective power-sharing performance of the system while maintaining a stable operation when the microgrid is in islanding mode.