2021
Development of copper price from July 1959 and predicted development till the end of year 2022
VOCHOZKA, Marek; Eva KALINOVÁ; Peng GAO and Lenka SMOLÍKOVÁBasic information
Original name
Development of copper price from July 1959 and predicted development till the end of year 2022
Authors
VOCHOZKA, Marek (203 Czech Republic, guarantor, belonging to the institution); Eva KALINOVÁ; Peng GAO and Lenka SMOLÍKOVÁ
Edition
Acta Montanistica Slovaca, Košice, Slovensko, Technical University of Kosice, 2021, 1335-1788
Other information
Language
English
Type of outcome
Article in a journal
Field of Study
50200 5.2 Economics and Business
Country of publisher
Slovakia
Confidentiality degree
is not subject to a state or trade secret
References:
Impact factor
Impact factor: 1.833
RIV identification code
RIV/75081431:_____/21:00002185
Organization unit
Institute of Technology and Business in České Budějovice
EID Scopus
2-s2.0-85113356434
Keywords in English
copper price; neural networks; time series; future trend; commodity
Changed: 9/11/2021 14:07, Mgr. Nikola Petříková
Abstract
In the original language
The authors aim is to predict price of copper. The article focuses on a daily prediction of the forthcoming change in prices of copper on the commodity market. The research data were gathered from day-to-day closing historical prices of copper from commodity stock COMEX converted to a time series. The price is expressed in US Dollars per pound. The data were processed using artificial intelligence, recurrent neural networks, including the Long Short Term Memory layer.