A Time Series Forecasting Approach Based on Nonlinear Spiking Neural Systems

Abstract

Nonlinear spiking neural P (NSNP) systems are a recently developed theoretical model, which is abstracted by nonlinear spiking mechanism of biological neurons. NSNP systems have a nonlinear structure and the potential to describe nonlinear dynamic systems. Based on NSNP systems, a novel time series forecasting approach is developed in this paper. During the training phase, a time series is first converted to frequency domain by using a redundant wavelet transform, and then according to the frequency data, an NSNP system is automatically constructed and adaptively trained in frequency domain. Then, the well-trained NSNP system can automatically generate sequence data for future time as the prediction results. Eight benchmark time series data sets and two real-life time series data sets are utilized to compare the proposed approach with several state-of-the-art forecasting approaches. The comparison results demonstrate availability and effectiveness of the proposed forecasting approach.