Modeling fitting-function-based fuzzy time series patterns for evolving stock index forecasting

Fuzzy time series models that have been developed have been widely applied to many applications of forecasting future stock prices or weighted indexes in the financial field. Three interesting problems have been identified in relation to the associated time series methods, as follows: (1) conventional time series models that consider single variables on associated problems only, (2) fuzzy time series models that determine the interval length of the linguistic values subjectively, and (3) selected variables that depend on personal experience and opinion subjectively. In light of the above limitations, this study constitutes a hybrid seven-step procedure that proposes three integrated fuzzy time series models that are based on fitting functions to forecast weighted indexes of the stock market. First, the proposed models employ Pearson correlation coefficients to objectively select important technical indicators. Second, this study utilizes an objective algorithm to determine the lower bound and upper bound of the universe of discourse automatically. Third, the proposed models use the spread-partition algorithm to automatically determine linguistic intervals. Finally, they combine the transformed variables to build three fuzzy time series models using the criterion of the minimal root mean square error (RMSE). Furthermore, this study provides all of the necessary justifying information for using a linear process to select the inputs for the given non-linear data. To further evaluate the performance of the proposed models, the transaction records of TAIEX (Taiwan Stock Exchange Capitalization Weighted Stock Index) and HSI (Hang Seng Indexes) from 1998/01/03 to 2006/12/31 are used to illustrate the methodology with two experimental data sets. Chen’s (Fuzzy Sets Syst. 81:311–319, 1996) model, Yu’s (Physica A 349:609–624, 2005) model, support vector regression (SVR), and partial least square regression (PLSR) are used as models to be compared with the proposed model when given the same data sets. The analytical results show that the proposed models outperform the listed models under the evaluation criteria of the RMSE (in contrast to the forecasting accuracy) for forecasting a weighted stock index in both the Taiwan and Hong Kong stock markets.     

Alkylation of aldehydes with methanol over titanium oxide catalysts

The methylation of various aldehydes, such as acetaldehyde, propionaldehyde, and phenylacetaldehyde over titanium oxidesupported vanadium oxide was studied under atmospheric pressure and temperatures of 250–400°C. The catalyst properties of titanium oxide can be enhanced only by addition of a fairly small amount of vanadium. High-temperature treatment transforms titanium oxide, the support, from anatase to rutile, which causes the catalysts to lose their catalytic properties. The reactivity of these can be ranked in the following order: acetaldehyde > propionaldehyde > phenylacetaldehyde. The steric effect of the substituted groups in propionaldehyde or phenylacetaldehyde may prevent self-condensation to form oligomers and to give a high selectivity of alkylated products.     

Surface‐initiated atom transfer radical polymerization from Mg(OH)2 nanoparticles to prepare the well‐defined polymer‐Mg(OH)2 nanocomposites

Well‐defined polymer‐Mg(OH)₂ nanocomposites were prepared by atom transfer radical polymerization (ATRP). The ATRP initiators were covalently attached to the Mg(OH)₂ by esterification of 2‐chloropropionyl chloride with hydroxyl group. The amount of polymer grafted from Mg(OH)₂ can be controlled using a different catalyst system and adding a small amount of polar solvent. The well‐defined diblock copolymer, consisting of poly(styrene) (PS) and poly(methyl methacrylate) (PMMA) were synthesized. The products were characterized by nuclear magnetic resonance, Fourier transform infrared, differential scanning calorimetry, and thermal gravimetric analysis. The morphologies of PS/PMMA and PS/PMMA/Mg(OH)₂‐g‐PS‐b‐PMMA blends are compared by using a scanning electron microscope. © 2006 Wiley Periodicals, Inc. J Appl Polym Sci 103: 3680–3687, 2007     

Effect of molecular weight on two smectic polyesters

The liquid crystalline transitions of two kinds of smectic polyesters with different molecular weights were investigated by DSC, polarized microscopy and X-ray diffraction. The molecular weight affects the transitions significantly for these two kinds of polyesters. With a high enough molecular weight, both poly (pentamethylenep,p-bibenzoate) and poly(hexamethylenep,p-bibenzoate) exhibit an enantiotropic smectic phase, but the two endothermic transition peaks of the DSC heating curve seem to overlap. The polyesters tend to exhibit a monotropic smectic phase as the molecular weight decreases. From the DSC cooling curve, the isotropic-smectic transition can be seen more clearly. As the molecular weight decreases, the smectic order decrease significantly. The molecular weight affects the transitions in a different way for these two different kinds of polyesters.     

A PROCEDURE FOR EVALUATION OF COMMERCIAL FCC CATALYSTS

Based on the correlations between laboratory units and commercial plants, a procedure has been developed to guide commercial FCC (Fluid Catalytic Cracking) catalysts selection. Examining the operability of catalyst mixtures during catalyst transition period is emphasized. The testing procedure is simple and reliable. A commercially available catalyst and the catalyst currently in use have been compared to demonstrate the applicability of this procedure. The commercial testing has confirmed the reliability of laboratory results. The use of the catalyst evaluated led to a 30% saving in catalyst cost.     

EFFECTS OF NONIONIC SURFACTANTS ON PERFORMANCE OF COPPER CHEMICAL MECHANICAL POLISHING

During copper chemical mechanical polishing (Cu-CMP), the physical properties of slurry, such as the dispersion and suspension stability of abrasives, the interaction between particles and the polished surface, and the rheological characteristics, greatly affect the planarization efficiency. In this study, several nonionic surfactants were added to change the aforementioned physical characteristics of slurry and Cu-CMP performance. Their effects were investigated. The experimental results showed that Al₂O₃ slurry with 300 ppm Triton DF-16 could enhance the wettability of the Cu surface and stabilize the dispersion of abrasives in the slurry. Therefore, the passivation reaction on the Cu surface during CMP would occur uniformly, and the removal of particles during post cleaning could be improved. Cu CMP using the slurry with an adequate amount of nonionic surfactants, Triton DF-16, is proposed to reduce the surface roughness, enhancing the planarity.     

Effect of La/K A-site Substitutions on the Ordering of Ba(Zn1/3Ta2/3)O3

The 1/3 <111>-type ordering of Ba(Zn_1/3Ta_2/3)O₃ (BZT) can be transformed to 1/2 <111>–type ordering by substituting the La³⁺ cation into the A site. The 1/3 <111> ordering in BZT is shown to be reduced, discontinued, and then replaced by 1/2 <111> ordering, using X–ray diffraction, electron microscopy, and Raman spectroscopy. On the other hand, potassium–substituted BZT only displays a reduction in the degree of ordering.     

Synthesis of chiral polymers having camphanediol moieties and their applications on the optical resolution of some racemates

Optically active exo-exo-2,3-camphanediol (CPO) (3) was synthesized from (+)-camphor. Chiral polymers poly(CPO-co-TDI) ( 6 ) and poly(CPO-co-IPDI) ( 7 ) were synthesized by the step polymerization of chiral compound CPO ( 3 ) with toluene-2,4-diisocyanate (TDI) and isophorone diisocyanate (IPDI). To investigate the stereo structure of the chiral polymers, two kinds of model compounds, exo-exo-2,3-di[(phenylamido)oxy]camphane ( 4 ) and exo-exo-2,3-di[(propylamido)oxy]camphane ( 5 ), related to polymers ( 6 ) and ( 7 ) were synthesized. Chiroptical characteristics and stereo structures of the chiral polymers were investigated using a circular dichroic spectrometer. The results obtained in this investigation suggest that the chiral polymers ( 6 ) and ( 7 ) have no one-handed helix conformation. The optical resolution ability as chiral adsorbent for HPLC of the chiral polymers was investigated. It was found that chiral polymers ( 6 ) and ( 7 ) are effective for the optical resolution of some racemates. © 1995 John Wiley & Sons, Inc.     

Ultrasonic Spray Pyrolysis for Synthesis of Spherical Zirconia Particles

This paper presents new findings on ultrasonic spray pyrolysis of zirconium hydroxyl acetate precursor drops whose sizes were precisely measured using laser light diffraction technique. Precursor concentration plays a predominant role in determination of product particle size. At 0.01 wt% precursor concentration, conventional spray pyrolysis at 750°C using precursor drops 5–8 μm in diameter, generated by an ultrasonic nebulizer at 2.66 MHz, yielded uniform spherical yttria-stabilized zirconia (YSZ) particles 73 nm in diameter measured by scanning electron microscopy. The YSZ particle diameters were much smaller than those predicted by the one-particle-per-drop mechanism. Under similar reaction conditions, the high-throughput ultrasound-modulated two-fluid (UMTF) spray pyrolysis of larger precursor drops (28-μm peak diameter) also yielded spherical dense particles; they were significantly smaller in size than those produced by the low-throughput conventional ultrasonic spray pyrolysis of smaller drops (6.8-μm peak diameter).     

Tissue culture of cocoa bean (Theobroma cacao L.): changes in lipids during maturation of beans and growth of cells and calli in culture

Callus cultures ofTheobroma cacao L., initiated from explants of immature cocoa bean cotyledons, contained 5.3%–6.4% lipids (dry wt basis). The major fatty acids were palmitic, oleic and linoleic acids. Cell suspensions contained 5.7–7.7% total lipids which had a higher polyunsaturated fatty acid content than total lipids of the calli. Phospholipids and glycolipids were the predominant lipid classes of calli and cell suspensions. Immature cocoa beans at early stages of development contained much higher polyunsaturated fatty acids, higher polar lipids and lower triglycerides than did mature ripe beans. Ripe cocoa beans contained 54% total lipids of which 96.8% where triglycerides. The fatty acid composition of total lipids of calli and cell suspensions were similar to those of the immature cocoa beans.