2020
DOI: 10.1016/j.scitotenv.2020.138883
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SutteARIMA: Short-term forecasting method, a case: Covid-19 and stock market in Spain

Abstract: The purpose of our research is to predict the short-term of confirmed cases of in Spain by using SutteARIMA method. Covid-19 Spanish confirmed data obtained from Worldometer and Spain Stock Market data (IBEX 35) data obtained from Yahoo Finance. Data starts from 12 IBEX). In this study, the SutteARIMA method will be used. For the evaluation of the forecasting methods we applied forecasting accuracy measures, mean absolute percentage error (MAPE). Based on the results of ARIMA and SutteARIMA forecasting method… Show more

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Cited by 150 publications
(132 citation statements)
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References 14 publications
(11 reference statements)
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“…The incorporation between ARIMA and α-Sutte indicator method to forecast the confirmed cases in Spain was proposed by ( Ahmar and del Val, 2020 ). The proposed hybrid approach succeeded to predict the COVID-19 cases with a higher prediction accuracy compared with conventional ARIMA approach.…”
Section: Introductionmentioning
confidence: 99%
“…The incorporation between ARIMA and α-Sutte indicator method to forecast the confirmed cases in Spain was proposed by ( Ahmar and del Val, 2020 ). The proposed hybrid approach succeeded to predict the COVID-19 cases with a higher prediction accuracy compared with conventional ARIMA approach.…”
Section: Introductionmentioning
confidence: 99%
“…Benvenuto et al [23] performed ARIMA model on the Johns Hopkins epidemiological data and they found that the spread of virus tends to be slightly decreasing. However, Ahmar and del Val [24] combined the α-Sutte indicator with ARIMA and developed a model to forecast COVID-19 outbreak in Spain. Their combined model presented more accurate forecast compared to the ARIMA model.…”
Section: Introductionmentioning
confidence: 99%
“…In a situation like this, staying at home and lockdown seems to be the only solution at the moment which every economy across the world can afford. However, the lockdown has adversely hit the world economy [7], [8] and the psychological health of the people [9]. Looking at the ever-increasing number of infections, the countries across the world have been extending the lockdown period.…”
Section: Introductionmentioning
confidence: 99%