eprintid: 2224 rev_number: 2 eprint_status: archive userid: 1 dir: disk0/00/00/22/24 datestamp: 2023-11-09 15:50:25 lastmod: 2023-11-09 15:50:25 status_changed: 2023-11-09 15:42:17 type: article metadata_visibility: show creators_name: Al Wadi, S. creators_name: Ismail, M.T. creators_name: Alkhahazaleh, M.H. creators_name: Addul Karim, S.A. title: Selecting wavelet transforms model in forecasting financial time series data based on ARIMA model ispublished: pub note: cited By 54 abstract: Recently, wavelet transforms have gained very high attention in many fields and applications such as physics, engineering, signal processing, applied mathematics and statistics. In this paper, we present the advantage of wavelet transforms in forecasting financial time series data. Amman stock market (Jordan) was selected as a tool to show the ability of wavelet transform in forecasting financial time series, experimentally. This article suggests a novel technique for forecasting the financial time series data, based on Wavelet transforms and ARIMA model. Daily return data from 1993 until 2009 is used for this study. date: 2011 official_url: https://www.scopus.com/inward/record.uri?eid=2-s2.0-79952173522&partnerID=40&md5=6326b637265d0802973fdaeae72572ea full_text_status: none publication: Applied Mathematical Sciences volume: 5 number: 5-8 pagerange: 315-326 refereed: TRUE issn: 1312885X citation: Al Wadi, S. and Ismail, M.T. and Alkhahazaleh, M.H. and Addul Karim, S.A. (2011) Selecting wavelet transforms model in forecasting financial time series data based on ARIMA model. Applied Mathematical Sciences, 5 (5-8). pp. 315-326. ISSN 1312885X