A New Approach for Short-term Time Series Forecasting

Abstract

Short-term series forecasting is one of the essential issues in a variety of tasks, such as traffic flow prediction, stock market tendency analysis, etc. Most current methods based on stable or abundant historical data. In this paper, we proposed a novel model called LA-NN. It takes advantages of both long short-term memory (LSTM) network and autoregressive integrated moving average (ARIMA) by a relation integration of them. So as to deal with the situation of insufficient historical data and sudden abnormal changes in data. A comparison with other representative forecast models validates that the proposed LA-NN network can achieve a better performance.