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Correlated Time Series Forecasting using Deep Neural Networks: A Summary of Results

2018-08-29 · Razvan-Gabriel Cirstea, Darius-Valer Micu, Gabriel-Marcel Muresan, Chenjuan Guo, Bin Yang

Cyber-physical systems often consist of entities that interact with each other over time. Meanwhile, as part of the continued digitization of industrial processes, various sensor technologies are deployed that enable us to record time-varying attributes (a.k.a., time series) of such entities, thus producing correlated time series. To enable accurate forecasting on such correlated time series, this paper proposes two models that combine convolutional neural networks (CNNs) and recurrent neural networks (RNNs). The first model employs a CNN on each individual time series, combines the convoluted features, and then applies an RNN on top of the convoluted features in the end to enable forecasting. The second model adds additional auto-encoders into the individual CNNs, making the second model a multi-task learning model, which provides accurate and robust forecasting. Experiments on two real-world correlated time series data set suggest that the proposed two models are effective and outperform baselines in most settings. This report extends the paper "Correlated Time Series Forecasting using Multi-Task Deep Neural Networks," to appear in ACM CIKM 2018, by providing additional experimental results.

📄 PDF Abstract BibTeX arXiv:1808.09794

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Correlated Time Series ForecastingMulti-Task LearningTime SeriesTime Series AnalysisTime Series Forecasting

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