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Discussion of price forecasting of Notoginseng Radix et Rhizoma based on ARIMA model

基于自回归积分滑动平均模型对中药材三七价格预测的讨论



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DiscussionofpriceforecastingofNotoginsengRadixetRhizoma
basedonARIMAmodel
WANGNuo1,CHENGMeng1,ZANGChunxin2,YANGGuang3
(1SchoolofEconomicsandResourceManagement,BeijingNormalUniversity,Beijing100875,China;
2StateKeyLaboratoryofEnvironmentalCriteriaandRiskAsesment,ChinaAcademyofEnvironmentalSciences,Beijing100035,China;
3StateKeyLaboratoryBreedingBaseofDaodiHerbs,InstituteofChineseMateriaMedica,ChinaAcademyof
ChineseMedicalSciences,Beijing100700,China)
[Abstract] BasedontheanalysisofpricefluctuationsonNotoginsengRadixetRhizoma,thispapertakesadvantageofthepricedata
ofNotoginsengRadixetRhizomawhichspecificationis120fromJanuary2004toAugust2015,usingautoregressiveintegratedmoving
averagemodel[ARIMA(p,d,q)]forecastingthepriceofNotoginsengRadixetRhizomafromSeptember2015toAugust2016In
theprocessofdeterminingtheformofmodel,thestabilitytestusedtodeterminethemodelofp,andtheautocorelationfunctionand
particlesautocorelationfunctionstoidentifythepandqofmodelAccordingtotestthemodel,theforecastminimumerormodelwas
identifiedInthispaper,ARIMA(2,1,3)modelwasusedtopredictnextyear′spriceofNotoginsengRadixetRhizoma,forproviding
informationforNotoginsengRadixetRhizomagrowers,pharmaceuticalcompanies
[Keywords] NotoginsengRadixetRhizoma;ARIMAmodel;unittest;priceforecast
doi:10.4268/cjcmm20160832
  
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[1] RahulRanjan,PriyankaVarma,AbhishekKumarChintuFore
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ApplFinancManagPerspect,2012,1(1):1.
[2] 
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,2011(274):26.
[6] ManishShukla,SanjayJharkhariaApplicabilityofARIMAmod
elsinwholesalevegetablemarket:aninvestigation[C]Malaysia:
2011InternationalConferenceonIndustrialEngineeringandOper
ationsManagementKualaLumpur,2011:1125
[7] 
oé¦

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