Saffron future contract yield prediction using a modified quadratic model

Document Type : Research Paper

Authors

Department of Accounting, South Tehran Azad University, Tehran, Iran

Abstract

The main purpose of this study is to predict the future yield of saffron contracts using a modified quadratic model, which is a library documentary research from the aspect of data collection, and from the aspect of results, it is applied and quantitative research. The time period of the quantitative part is a 5-year period from 2019/03/20 to 2023/03/20 in the form of daily frequency of the Ministry of Jihad, Agriculture and Customs of Iran from the website of the Iran Commodity Exchange, which was collected and the modified second-order model in terms of complexity, from The type of nonlinear polynomial problems that the proposed methods are modelled by coding in Matlab software environment with normal data. Overall, the results indicate that the neural network model has a higher reliance on power compared to the adjusted quadratic model in predicting the saffron contract yield, and the calculation results show that price fluctuations, cash price, transaction volume, and liquidity are the most important in order They have the contractual yield of saffron.

Keywords

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Volume 15, Issue 1
January 2024
Pages 263-276
  • Receive Date: 25 November 2022
  • Revise Date: 18 January 2023
  • Accept Date: 06 February 2023