Application of empirical mode decomposition with local linear quantile regression in financial time series forecasting
. . Jaber AM, Ismail MT, Altaher AM. . ScientificWorldJournal. 2014;2014:708918. doi: 10.1155/2014/708918. Epub 2014 Jul 22. Abstract This paper mainly forecasts the daily closing price of stock markets. We propose a two-stage technique that combines the empirical mode decomposition (EMD) with nonparametric methods of local linear quantile (LLQ). We use the proposed technique, EMD-LLQ, …