Khairul Azhar Kasmiran
Universiti Putra Malaysia

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Hybridization of hybrid-ARIMA-EM and XGBoost for enhanced price predictive modeling Isam Ahmed M. Yaqoob; Khairul Azhar Kasmiran; Teh Noranis Mohd Aris; Nor Azura Husin; Mohd Yunus Sharum
IAES International Journal of Artificial Intelligence (IJ-AI) Vol 15, No 4: August 2026
Publisher : Institute of Advanced Engineering and Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11591/ijai.v15.i4.pp3131-3143

Abstract

Managing finance entails the art and science of distributing available and potential funds among various competing needs. Government expenditures fund programs that provide a wide range of services to different population segments. As a result, the demand for enhanced and additional services often surpasses the government's financial capacity. Firstly, the price forecasting procedures for the extreme gradient boosting (XGBoost), gated recurrent unit (GRU), and hybrid-ARIMA-EM models will be summarized. Secondly, the accuracy of the models will be assessed on two real datasets collected from Kaggle (Crude_Oil_Price and KL_apartment). This study then proposes combining the hybrid-ARIMA-EM model with XGBoost to enhance the price forecasting performance in terms of time series analysis. Experimental results show that the suggested combination outperforms other selected models in price forecasting accuracy.