FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3048573277> ?p ?o ?g. }

• W3048573277 endingPage "160" @default.
• W3048573277 startingPage "149" @default.
• W3048573277 abstract "This paper investigates the behavior of daily exchange rate of the Georgian Currency LARI (GEL) exchange rate against the USDand EUR. To forecast exchange rates there are numerous models, which tend from very simple to very complicated models for analysis of GEL/USD and GEL/EUR time series variable. The objective of this paper is to com- pare the performance of individual time series models for predictingexchange rates. We will investigate the application of following time series analysis models: moving average, ex- ponential smoothing, double exponential smoothing adjust- ed for trend, time-series decomposition models, and ARIMA class models. The forecasting ability of these models is subsequently assessed using the symmetric loss functions which are the Mean Absolute Percentage Error (MAPE), the Mean Absolute deviation (MAD), and the Mean Squared error /deviation (MSE/MSD). In some cases, predicting the direction of exchange rate change may be valuable and profitable. Hence, it is reasonable to look at the frequency of the correctpredicted direction of change by used models, for short - FCPCD. An exchange rate represents the price of one currency in terms of another. It reflects the ratio at which one currency can be exchanged with another currency. Exchange rates forecasting is a very important and challenging subject of finance market, to determine optimal government policies as well as to make business decisions. This is important for all that firms which having their business spread over different countries or for that which raise funds in different currency. Business people mainly use exchange rates forecasting results in following types of decisions like choice currency for invoicing, pricing transactions, borrowing and landing currency choice, and management of open currency positions. The forex market is made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors. Forecasting the short- run fluctuations and direction of change of the currency ex- change rates is important for all these participates. The main goal of this study is to forecast of future ex- change rate trends by using currency rates time-series, rep- resenting past trends, patterns and waves. The monetary policy of the National Bank of Georgia since 2009 have been followed the inflation targeting regime, where exchange rate regime is floating - change of exchange rate is free. The offi- cial exchange rate of the Georgian GEL against the USD is cal- culated each business day. The official exchange rate of GEL against USD is calculated as the average weighted exchange rate of the registered spot trades on the interbank market functioning within the Bloomberg trade platform. Then, the official exchange rate of GEL against other foreign currencies is determined according to the rate on international markets on the basis of cross-currency exchange rates." @default.
• W3048573277 created "2020-08-18" @default.
• W3048573277 creator A5073582635 @default.
• W3048573277 date "2019-12-27" @default.
• W3048573277 modified "2023-09-30" @default.
• W3048573277 title "TIME SERIES MODELS FOR FORECASTING EXCHANGE RATES" @default.
• W3048573277 cites W2059804518 @default.
• W3048573277 cites W2142635246 @default.
• W3048573277 cites W2168175751 @default.
• W3048573277 doi "https://doi.org/10.35945/gb.2019.08.020" @default.
• W3048573277 hasPublicationYear "2019" @default.
• W3048573277 type Work @default.
• W3048573277 sameAs 3048573277 @default.
• W3048573277 citedByCount "1" @default.
• W3048573277 countsByYear W30485732772023 @default.
• W3048573277 crossrefType "journal-article" @default.
• W3048573277 hasAuthorship W3048573277A5073582635 @default.
• W3048573277 hasBestOaLocation W30485732771 @default.
• W3048573277 hasConcept C10138342 @default.
• W3048573277 hasConcept C105795698 @default.
• W3048573277 hasConcept C133710760 @default.
• W3048573277 hasConcept C139945424 @default.
• W3048573277 hasConcept C141121606 @default.
• W3048573277 hasConcept C143724316 @default.
• W3048573277 hasConcept C149782125 @default.
• W3048573277 hasConcept C150217764 @default.
• W3048573277 hasConcept C151406439 @default.
• W3048573277 hasConcept C151730666 @default.
• W3048573277 hasConcept C162324750 @default.
• W3048573277 hasConcept C175706884 @default.
• W3048573277 hasConcept C24338571 @default.
• W3048573277 hasConcept C2776988154 @default.
• W3048573277 hasConcept C33923547 @default.
• W3048573277 hasConcept C536366893 @default.
• W3048573277 hasConcept C556758197 @default.
• W3048573277 hasConcept C86803240 @default.
• W3048573277 hasConceptScore W3048573277C10138342 @default.
• W3048573277 hasConceptScore W3048573277C105795698 @default.
• W3048573277 hasConceptScore W3048573277C133710760 @default.
• W3048573277 hasConceptScore W3048573277C139945424 @default.
• W3048573277 hasConceptScore W3048573277C141121606 @default.
• W3048573277 hasConceptScore W3048573277C143724316 @default.
• W3048573277 hasConceptScore W3048573277C149782125 @default.
• W3048573277 hasConceptScore W3048573277C150217764 @default.
• W3048573277 hasConceptScore W3048573277C151406439 @default.
• W3048573277 hasConceptScore W3048573277C151730666 @default.
• W3048573277 hasConceptScore W3048573277C162324750 @default.
• W3048573277 hasConceptScore W3048573277C175706884 @default.
• W3048573277 hasConceptScore W3048573277C24338571 @default.
• W3048573277 hasConceptScore W3048573277C2776988154 @default.
• W3048573277 hasConceptScore W3048573277C33923547 @default.
• W3048573277 hasConceptScore W3048573277C536366893 @default.
• W3048573277 hasConceptScore W3048573277C556758197 @default.
• W3048573277 hasConceptScore W3048573277C86803240 @default.
• W3048573277 hasIssue "8" @default.
• W3048573277 hasLocation W30485732771 @default.
• W3048573277 hasOpenAccess W3048573277 @default.
• W3048573277 hasPrimaryLocation W30485732771 @default.
• W3048573277 hasRelatedWork W2027103354 @default.
• W3048573277 hasRelatedWork W2337203255 @default.
• W3048573277 hasRelatedWork W2942268442 @default.
• W3048573277 hasRelatedWork W3048573277 @default.
• W3048573277 hasRelatedWork W3109344025 @default.
• W3048573277 hasRelatedWork W3134631187 @default.
• W3048573277 hasRelatedWork W3151445158 @default.
• W3048573277 hasRelatedWork W3158182536 @default.
• W3048573277 hasRelatedWork W4206062825 @default.
• W3048573277 hasRelatedWork W4319073156 @default.
• W3048573277 hasVolume "4" @default.
• W3048573277 isParatext "false" @default.
• W3048573277 isRetracted "false" @default.
• W3048573277 magId "3048573277" @default.
• W3048573277 workType "article" @default.