1 publication

• Published Subscription Original Research 10 Aug 2024

  Analysis of Gold Price Trend Using the Hidden Markov Model

  By Sarode Rekha, Thirupathi Rao Padi, Raj Kumar Sahoo

  Abstract: This study aims to analyze the behavior of gold prices in India through a two-state Hidden Markov Model (HMM). We first formulated crucial parameters, such as the Transition Probability Matrix (TPM), Initial Probability Vector (IPV), and Emission Probability Matrix (EPM). Subsequently, we constructed a hidden Markov probability distribution and evaluated Pearson’s coefficients to gauge the correlations separately for each state. The goodness of fit of the developed model was assessed …

  Published in Research & Reviews: Discrete Mathematical Structures · Vol. 11, Issue 2, 2024 · pp. 7–16 Read article →