{"title":"A new prediction NN framework design for individual stock based on the industry environment","authors":"Qing Zhu , Jianhua Che , Yuze Li , Renxian Zuo","doi":"10.1016/j.dsm.2022.09.001","DOIUrl":"10.1016/j.dsm.2022.09.001","url":null,"abstract":"<div><p>There is a research gap in accurately predicting an individual stock’s finances from industry environment factors. Therefore, to predict trading strategies for a target stock’s closing price, this study constructed a prediction module and an environment module for a hybrid variational mode decomposition and stacked gated recurrent unit (VMD-StackedGRU) model, with individual stock information input into the prediction module and industry information input into the environment module. The results from the U.S. banking industry generalization tests proved that the proposed model could significantly improve prediction performances and that the environment module did not play an important role and was not equal to the prediction module. The hybrid neural network framework was a new application for financial price predictions based on an industry environment. Profitable trading strategies and accurate predictions can be valuable in hedging against market volatility risk and in assuring significant returns for investors and investment institutions.</p></div>","PeriodicalId":100353,"journal":{"name":"Data Science and Management","volume":"5 4","pages":"Pages 199-211"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666764922000364/pdfft?md5=590633c52fcc070307e0cc1f879fbcf7&pid=1-s2.0-S2666764922000364-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79988527","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Development of a risk index for cross-border data movement","authors":"Jin Li , Wanting Dong , Chong Zhang , Zihan Zhuo","doi":"10.1016/j.dsm.2022.05.003","DOIUrl":"10.1016/j.dsm.2022.05.003","url":null,"abstract":"<div><p>Cross-border data transmission in the biomedical area is on the rise, which brings potential risks and management challenges to data security, biosafety, and national security. Focusing on cross-border data security assessment and risk management, many countries have successively issued relevant laws, regulations, and assessment guidelines. This study aims to provide an index system model and management application reference for the risk assessment of the cross-border data movement. From the perspective of a single organization, the relevant risk assessment standards of several countries are integrated to guide the identification and determination of risk factors. Then, the risk assessment index system of cross-border data flow is constructed. A case study of risk assessment in 358 biomedical organizations is carried out, and the suggestions for data management are offered. This study is condusive to improving security monitoring and the early warning of the cross-border data flow, thereby realizing the safe and orderly global flow of biomedical data.</p></div>","PeriodicalId":100353,"journal":{"name":"Data Science and Management","volume":"5 3","pages":"Pages 97-104"},"PeriodicalIF":0.0,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666764922000224/pdfft?md5=310c5e0c23fd9c0c5dba956bc32eb179&pid=1-s2.0-S2666764922000224-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75192932","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Long-term forecasting of hourly retail customer flow on intermittent time series with multiple seasonality","authors":"Martim Sousa, Ana Maria Tomé, José Moreira","doi":"10.1016/j.dsm.2022.07.002","DOIUrl":"https://doi.org/10.1016/j.dsm.2022.07.002","url":null,"abstract":"<div><p>In this study, we address a demanding time series forecasting problem that deals simultaneously with the following: (1) intermittent time series, (2) multi-step ahead forecasting, (3) time series with multiple seasonal periods, and (4) performance measures for model selection across multiple time series. Current literature deals with these types of problems separately, and no study has dealt with all these characteristics simultaneously. To fill this knowledge gap, we begin by reviewing all the necessary existing literature relevant to this case study with the goal of proposing a framework capable of achieving adequate forecast accuracy for such a complex problem. Several adaptions and innovations have been conducted, which are marked as contributions to the literature. Specifically, we proposed a weighted average forecast combination of many cutting-edge models based on their out-of-sample performance. To gather strong evidence that our ensemble model works in practice, we undertook a large-scale study across 98 time series, rigorously assessed with unbiased performance measures, where a week seasonal naïve was set as a benchmark. The results demonstrate that the proposed ensemble model achieves eye-catching forecasting accuracy.</p></div>","PeriodicalId":100353,"journal":{"name":"Data Science and Management","volume":"5 3","pages":"Pages 137-148"},"PeriodicalIF":0.0,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666764922000273/pdfft?md5=1dd7e0e03e9230a5986c9c5b06d429a0&pid=1-s2.0-S2666764922000273-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91724878","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Pearson correlation and transfer entropy in the Chinese stock market with time delay","authors":"Shaowei Peng, Wenchen Han, Guozhu Jia","doi":"10.1016/j.dsm.2022.08.001","DOIUrl":"10.1016/j.dsm.2022.08.001","url":null,"abstract":"<div><p>Correlations between two time series, including the linear Pearson correlation and the nonlinear transfer entropy, have attracted significant attention. In this work, we studied the correlations between multiple stock data with the introduction of a time delay and a rolling window. In most cases, the Pearson correlation and transfer entropy share the same tendency, where a higher correlation provides more information for predicting future trends from one stock to another, but a lower correlation provides less. Considering the computational complexity of the transfer entropy and the simplicity of the Pearson correlation, using the linear correlation with time delays and a rolling window is a robust and simple method to quantify the mutual information between stocks. Predictions made by the long short-term memory method with mutual information outperform those made only with self-information when there are high correlations between two stocks.</p></div>","PeriodicalId":100353,"journal":{"name":"Data Science and Management","volume":"5 3","pages":"Pages 117-123"},"PeriodicalIF":0.0,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666764922000327/pdfft?md5=29e8701e9e78cb3fabe7d7ba0d5d6b67&pid=1-s2.0-S2666764922000327-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82463767","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A hybrid differential evolution algorithm for a stochastic location-inventory-delivery problem with joint replenishment","authors":"Sirui Wang, Lin Wang, Yingying Pi","doi":"10.1016/j.dsm.2022.07.003","DOIUrl":"https://doi.org/10.1016/j.dsm.2022.07.003","url":null,"abstract":"<div><p>A practical stochastic location-inventory-delivery problem with multi-item joint replenishment is studied. Unlike the conventional location-inventory model with a continuous-review (<em>r</em>, <em>Q</em>) inventory policy, the periodic-review inventory policy is adopted with multi-item joint replenishment under stochastic demand, and the coordinated delivery cost is considered. The proposed model considers the integrated optimization of strategic, tactical, and operational decisions by simultaneously determining (a) the number and location of distribution centers (DCs) to be opened, (b) the assignment of retailers to DCs, (c) the frequency and cycle interval of replenishment and delivery, and (d) the safety stock level for each item. An intelligent algorithm based on particle swarm optimization (PSO) and adaptive differential evolution (ADE) is proposed to address this complex problem. Numerical experiments verified the effectiveness of the proposed two-stage PSO-ADE algorithm. A sensitivity analysis is presented to reveal interesting insights that can guide managers in making reasonable decisions.</p></div>","PeriodicalId":100353,"journal":{"name":"Data Science and Management","volume":"5 3","pages":"Pages 124-136"},"PeriodicalIF":0.0,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666764922000297/pdfft?md5=84902aa89790bfa1a62890f17b06f72d&pid=1-s2.0-S2666764922000297-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91724879","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Novel time slicing approach for customer defection models in e-commerce: a case study","authors":"Kyriakos Georgiou , Alexandros Chasapis","doi":"10.1016/j.dsm.2022.07.001","DOIUrl":"10.1016/j.dsm.2022.07.001","url":null,"abstract":"<div><p>In this study, we examine the problem of predicting customer defection in a noncontractual setting. Motivated by recent work on machine learning using multiple time slices, we develop a novel training and testing framework, the sliding multi-time slicing (SMTS) method. We apply this method to data from the largest marketplace in Greece, namely, Skroutz, considering the standard features that account for the important characteristics of customer activity and custom performance metrics aimed at capturing business-related goals established by the company. The dataset comprises customers over a relatively short period, since April 2018, the number of which has also exhibited a significant increase in recent months. Despite these difficulties and the inherent seasonality of customer defection, our results demonstrate that, with SMTS, developing models that outperform previous approaches and optimize decision-making is possible. We validate the approach to a benchmark dataset from the commerce sector and discuss the practical considerations and requirements of the proposed method.</p></div>","PeriodicalId":100353,"journal":{"name":"Data Science and Management","volume":"5 3","pages":"Pages 149-162"},"PeriodicalIF":0.0,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666764922000285/pdfft?md5=90cc770a3700d52be7c17ade53d2e0ae&pid=1-s2.0-S2666764922000285-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89955151","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Monitoring machine learning models: a categorization of challenges and methods","authors":"Tim Schröder, Michael Schulz","doi":"10.1016/j.dsm.2022.07.004","DOIUrl":"10.1016/j.dsm.2022.07.004","url":null,"abstract":"<div><p>The importance of software based on machine learning is growing rapidly, but the potential of prototypes may not be realized in operation. This study identified six categories of challenges for verification and validation of machine learning applications during production. Subsequently, monitoring was analyzed as a possible solution to mitigate those challenges. Capturing relevant data and model metrics may reveal problems at an early stage, allowing for targeted countermeasures. This study presents a taxonomy of methods and metrics currently addressed in scientific literature and compares these categories with case studies from practice.</p></div>","PeriodicalId":100353,"journal":{"name":"Data Science and Management","volume":"5 3","pages":"Pages 105-116"},"PeriodicalIF":0.0,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666764922000303/pdfft?md5=55f9a032588179192732a092b760d946&pid=1-s2.0-S2666764922000303-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77178317","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
S. Lai, I. Bogoch, N. Ruktanonchai, A. Watts, Xin Lu, Weizhong Yang, Hongjie Yu, K. Khan, A. Tatem
{"title":"Assessing spread risk of COVID-19 in early 2020","authors":"S. Lai, I. Bogoch, N. Ruktanonchai, A. Watts, Xin Lu, Weizhong Yang, Hongjie Yu, K. Khan, A. Tatem","doi":"10.1016/j.dsm.2022.08.004","DOIUrl":"https://doi.org/10.1016/j.dsm.2022.08.004","url":null,"abstract":"","PeriodicalId":100353,"journal":{"name":"Data Science and Management","volume":"17 1","pages":"212 - 218"},"PeriodicalIF":0.0,"publicationDate":"2022-08-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88883488","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A hybrid differential evolution algorithm for a stochastic location-inventory-delivery problem with joint replenishment","authors":"Sirui Wang, Lin Wang, Yingying Pi","doi":"10.1016/j.dsm.2022.07.003","DOIUrl":"https://doi.org/10.1016/j.dsm.2022.07.003","url":null,"abstract":"","PeriodicalId":100353,"journal":{"name":"Data Science and Management","volume":"106 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91333492","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Forecasting hourly retail customer flow on intermittent time series with multiple seasonality","authors":"Martim Sousa, Ana Maria Tom, José Moreira","doi":"10.1016/j.dsm.2022.07.002","DOIUrl":"https://doi.org/10.1016/j.dsm.2022.07.002","url":null,"abstract":"","PeriodicalId":100353,"journal":{"name":"Data Science and Management","volume":"16 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77170243","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}