Oil Price Trackers Inspired by Immune Memory

We outline initial concepts for an immune inspired algorithm to evaluate and predict oil price time series data. The proposed solution evolves a short term pool of trackers dynamically, with each member attempting to map trends and anticipate future price movements. Successful trackers feed into a l...

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Bibliographic Details
Main Authors: Wilson, William, Birkin, Phil, Aickelin, Uwe
Format: Conference or Workshop Item
Published: 2006
Online Access:https://eprints.nottingham.ac.uk/602/
Description
Summary:We outline initial concepts for an immune inspired algorithm to evaluate and predict oil price time series data. The proposed solution evolves a short term pool of trackers dynamically, with each member attempting to map trends and anticipate future price movements. Successful trackers feed into a long term memory pool that can generalise across repeating trend patterns. The resulting sequence of trackers, ordered in time, can be used as a forecasting tool. Examination of the pool of evolving trackers also provides valuable insight into the properties of the crude oil market.