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An adaptive embedding procedure for time series forecasting with deep neural networks.
Federico Succetti1, Antonello Rosato1, Massimo Panella1
1Department of Information Engineering, Electronics and Telecommunications (DIET), University of Rome "La Sapienza", Via Eudossiana 18, 00184 Rome, Italy.
This study introduces a novel deep learning model for time series prediction using an adaptive embedding mechanism. The flexible approach accurately forecasts time series data in various applications.
Area of Science:
- Artificial Intelligence
- Machine Learning
- Deep Learning
Background:
- Time series prediction is a challenging task, often addressed by deep neural networks.
- Existing methods analyze time series structure for forecasting.
Purpose of the Study:
- To present a novel deep learning scheme for time series prediction.
- To introduce an adaptive embedding mechanism for compressed time series representation.
Main Methods:
- A two-layer bidirectional Long Short-Term Memory (LSTM) network was developed.
- The first LSTM layer implements adaptive embedding; the second acts as a predictor.
Main Results:
- The proposed model demonstrated accuracy and flexibility in forecasting.
- Performance was validated against established models in diverse scenarios.
Conclusions:
- The novel deep learning scheme offers an accurate and flexible prediction tool.
- The approach is applicable to a wide range of real-world time series forecasting applications.
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