Forecasting Historical Data of Bitcoin using ARIMA and α-Sutte Indicator

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Dian Utami Sutiksno, Ansari Saleh Ahmar, Nuning Kurniasih, Eko Susanto, Audrey Leiwakabessy

2018 Journal of Physics: Conference Series Vol. 1028 Issue 1 Conference paper Cited by 28 Quartile

Abstract

The purpose of this study is to apply the α-Sutte Indicator and ARIMA in forecasting data. α-Sutte Indicator is a new forecasting method that was developed in 2017 by Ansari Saleh Ahmar. To see the accuracy of these methods, the forecasting results of the α-Sutte Indicator will be forecasting methods compared to other items, namely: ARIMA. Based on the results of forecasting, it is found that α-Sutte Indicator has MSE and MAE values that are lower than other methods (ARIMA). This is supported by MSE data from α-Sutte Indicator smaller than ARIMA(1,1,1). © Published under licence by IOP Publishing Ltd.

Affiliations

Politeknik Negeri Ambon, Ambon, Indonesia; Department of Statistics, Universitas Negeri, Makassar, Indonesia; Faculty of Communication Sciences, Universitas Padjadjaran, Jawa Barat, Bandung, 45363, Indonesia; Universitas Muhammadiyah Metro, Makassar, Indonesia