STOCK PRICE FORECASTING USING FUZZY C-MEANS AND TYPE-2 FUZZY TIME SERIES

Stock prices have unstable movements, so forecasting is needed to decide to invest appropriately according to the strategy. Fuzzy Time Series (FTS) uses fuzzy sets to forecast future time series values using historical data. However, interval partitioning in FTS needs to be considered as it can affe...

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Main Authors: Rineka Brylian Akbar Satriani, Farikhin Farikhin, Bayu Surarso
Format: Article
Language:English
Published: Universitas Pattimura 2025-04-01
Series:Barekeng
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Online Access:https://ojs3.unpatti.ac.id/index.php/barekeng/article/view/16147
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author Rineka Brylian Akbar Satriani
Farikhin Farikhin
Bayu Surarso
author_facet Rineka Brylian Akbar Satriani
Farikhin Farikhin
Bayu Surarso
author_sort Rineka Brylian Akbar Satriani
collection DOAJ
description Stock prices have unstable movements, so forecasting is needed to decide to invest appropriately according to the strategy. Fuzzy Time Series (FTS) uses fuzzy sets to forecast future time series values using historical data. However, interval partitioning in FTS needs to be considered as it can affect the forecasting results. FCM is applied to solve the problem of interval assignment in the universe of discourse. It allows the evaluation of the distribution of historical data and forming intervals of different sizes. Type 2 Fuzzy Time Series (T2FTS) is an extension of FTS to improve forecasting performance and refine fuzzy relationships. This research aims to improve forecasting accuracy using the Fuzzy C-Means (FCM)-T2FTS combination. This research uses daily data on BBRI stock prices from January 2023 to May 2024, with the variables used being close, high, and low prices. The results showed that determining the interval length using unequal length is more efficient than fixed interval length and can improve model performance, demonstrated from the MAPE values of T2FTS and FCM-T2FTS, which are 2.09% and 1.97%, respectively, the difference between the two MAPEs, is 0.12%. Hence, FCM-T2FTS is 12% more efficient than T2FTS. Therefore, FCM-T2FTS can improve forecasting accuracy.
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spelling doaj-art-532bb802ff8447e7bdf2e3bdcdc8dfaa2025-08-20T03:37:33ZengUniversitas PattimuraBarekeng1978-72272615-30172025-04-011921365137810.30598/barekengvol19iss2pp1365-137816147STOCK PRICE FORECASTING USING FUZZY C-MEANS AND TYPE-2 FUZZY TIME SERIESRineka Brylian Akbar Satriani0Farikhin Farikhin1Bayu Surarso2Mathematics Department, Faculty of Science and Mathematics, Universitas Diponegoro, IndonesiaMathematics Department, Faculty of Science and Mathematics, Universitas Diponegoro, IndonesiaMathematics Department, Faculty of Science and Mathematics, Universitas Diponegoro, IndonesiaStock prices have unstable movements, so forecasting is needed to decide to invest appropriately according to the strategy. Fuzzy Time Series (FTS) uses fuzzy sets to forecast future time series values using historical data. However, interval partitioning in FTS needs to be considered as it can affect the forecasting results. FCM is applied to solve the problem of interval assignment in the universe of discourse. It allows the evaluation of the distribution of historical data and forming intervals of different sizes. Type 2 Fuzzy Time Series (T2FTS) is an extension of FTS to improve forecasting performance and refine fuzzy relationships. This research aims to improve forecasting accuracy using the Fuzzy C-Means (FCM)-T2FTS combination. This research uses daily data on BBRI stock prices from January 2023 to May 2024, with the variables used being close, high, and low prices. The results showed that determining the interval length using unequal length is more efficient than fixed interval length and can improve model performance, demonstrated from the MAPE values of T2FTS and FCM-T2FTS, which are 2.09% and 1.97%, respectively, the difference between the two MAPEs, is 0.12%. Hence, FCM-T2FTS is 12% more efficient than T2FTS. Therefore, FCM-T2FTS can improve forecasting accuracy.https://ojs3.unpatti.ac.id/index.php/barekeng/article/view/16147forecastfuzzy c-meanstype-2 fuzzy time series
spellingShingle Rineka Brylian Akbar Satriani
Farikhin Farikhin
Bayu Surarso
STOCK PRICE FORECASTING USING FUZZY C-MEANS AND TYPE-2 FUZZY TIME SERIES
Barekeng
forecast
fuzzy c-means
type-2 fuzzy time series
title STOCK PRICE FORECASTING USING FUZZY C-MEANS AND TYPE-2 FUZZY TIME SERIES
title_full STOCK PRICE FORECASTING USING FUZZY C-MEANS AND TYPE-2 FUZZY TIME SERIES
title_fullStr STOCK PRICE FORECASTING USING FUZZY C-MEANS AND TYPE-2 FUZZY TIME SERIES
title_full_unstemmed STOCK PRICE FORECASTING USING FUZZY C-MEANS AND TYPE-2 FUZZY TIME SERIES
title_short STOCK PRICE FORECASTING USING FUZZY C-MEANS AND TYPE-2 FUZZY TIME SERIES
title_sort stock price forecasting using fuzzy c means and type 2 fuzzy time series
topic forecast
fuzzy c-means
type-2 fuzzy time series
url https://ojs3.unpatti.ac.id/index.php/barekeng/article/view/16147
work_keys_str_mv AT rinekabrylianakbarsatriani stockpriceforecastingusingfuzzycmeansandtype2fuzzytimeseries
AT farikhinfarikhin stockpriceforecastingusingfuzzycmeansandtype2fuzzytimeseries
AT bayusurarso stockpriceforecastingusingfuzzycmeansandtype2fuzzytimeseries