Stochastic forecasting of COVID-19 daily new cases across countries with a novel hybrid time series model

An unprecedented outbreak of the novel coronavirus (COVID-19) in the form of peculiar pneumonia has spread globally since its first case in Wuhan province, China, in December 2019. Soon after, the infected cases and mortality increased rapidly. The future of the pandemic’s progress was uncertain, an...

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Main Author: Chakraborty, Tanujit (author)
Other Authors: Rai, Shesh N. (author), Bhattacharyya, Arinjita (author)
Published: 2022
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Online Access:https://depot.sorbonne.ae/handle/20.500.12458/1244
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author Chakraborty, Tanujit
author2 Rai, Shesh N.
Bhattacharyya, Arinjita
author2_role author
author
author_facet Chakraborty, Tanujit
Rai, Shesh N.
Bhattacharyya, Arinjita
author_role author
dc.creator.none.fl_str_mv Chakraborty, Tanujit
Rai, Shesh N.
Bhattacharyya, Arinjita
dc.date.none.fl_str_mv 2022-01-13T06:54:57Z
2022-01-13T06:54:57Z
2022
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv 10.1007/s11071-021-07099-3
https://depot.sorbonne.ae/handle/20.500.12458/1244
10.1007/s11071-021-07099-3
dc.language.none.fl_str_mv en
dc.relation.none.fl_str_mv Nonlinear Dynamics
https://link.springer.com/article/10.1007%2Fs11071-021-07099-3
0924-090X
https://link.springer.com/article/10.1007%2Fs11071-021-07099-3
dc.subject.none.fl_str_mv COVID-19 Forecasting
Theta model
Asymptotic stationarity
Hybrid model
Autoregressive Neural Networks
dc.title.none.fl_str_mv Stochastic forecasting of COVID-19 daily new cases across countries with a novel hybrid time series model
dc.type.none.fl_str_mv Controlled Vocabulary for Resource Type Genres::text::periodical::journal::contribution to journal::journal article
description An unprecedented outbreak of the novel coronavirus (COVID-19) in the form of peculiar pneumonia has spread globally since its first case in Wuhan province, China, in December 2019. Soon after, the infected cases and mortality increased rapidly. The future of the pandemic’s progress was uncertain, and thus, predicting it became crucial for public health researchers. These predictions help the effective allocation of health-care resources, stockpiling, and help in strategic planning for clinicians, government authorities, and public health policymakers after understanding the extent of the effect. The main objective of this paper is to develop a hybrid forecasting model that can generate real-time out-of-sample forecasts of COVID-19 outbreaks for five profoundly affected countries, namely the USA, Brazil, India, the UK, and Canada. A novel hybrid approach based on the Theta method and autoregressive neural network (ARNN) model, named Theta-ARNN (TARNN) model, is developed. Daily new cases of COVID-19 are nonlinear, non-stationary, and volatile; thus, a single specific model cannot be ideal for future prediction of the pandemic. However, the newly introduced hybrid forecasting model with an acceptable prediction error rate can help healthcare and government for effective planning and resource allocation. The proposed method outperforms traditional univariate and hybrid forecasting models for the test datasets on an average.
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identifier_str_mv 10.1007/s11071-021-07099-3
language_invalid_str_mv en
network_acronym_str sorbonner
network_name_str Sorbonne University Abu Dhabi repository
oai_identifier_str oai:depot.sorbonne.ae:20.500.12458/1244
publishDate 2022
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spelling Stochastic forecasting of COVID-19 daily new cases across countries with a novel hybrid time series modelChakraborty, TanujitRai, Shesh N.Bhattacharyya, ArinjitaCOVID-19 ForecastingTheta modelAsymptotic stationarityHybrid modelAutoregressive Neural NetworksAn unprecedented outbreak of the novel coronavirus (COVID-19) in the form of peculiar pneumonia has spread globally since its first case in Wuhan province, China, in December 2019. Soon after, the infected cases and mortality increased rapidly. The future of the pandemic’s progress was uncertain, and thus, predicting it became crucial for public health researchers. These predictions help the effective allocation of health-care resources, stockpiling, and help in strategic planning for clinicians, government authorities, and public health policymakers after understanding the extent of the effect. The main objective of this paper is to develop a hybrid forecasting model that can generate real-time out-of-sample forecasts of COVID-19 outbreaks for five profoundly affected countries, namely the USA, Brazil, India, the UK, and Canada. A novel hybrid approach based on the Theta method and autoregressive neural network (ARNN) model, named Theta-ARNN (TARNN) model, is developed. Daily new cases of COVID-19 are nonlinear, non-stationary, and volatile; thus, a single specific model cannot be ideal for future prediction of the pandemic. However, the newly introduced hybrid forecasting model with an acceptable prediction error rate can help healthcare and government for effective planning and resource allocation. The proposed method outperforms traditional univariate and hybrid forecasting models for the test datasets on an average.2022-01-13T06:54:57Z2022-01-13T06:54:57Z2022Controlled Vocabulary for Resource Type Genres::text::periodical::journal::contribution to journal::journal articleapplication/pdf10.1007/s11071-021-07099-3https://depot.sorbonne.ae/handle/20.500.12458/124410.1007/s11071-021-07099-3enNonlinear Dynamicshttps://link.springer.com/article/10.1007%2Fs11071-021-07099-30924-090Xhttps://link.springer.com/article/10.1007%2Fs11071-021-07099-3oai:depot.sorbonne.ae:20.500.12458/12442023-12-05T06:09:17Z
spellingShingle Stochastic forecasting of COVID-19 daily new cases across countries with a novel hybrid time series model
Chakraborty, Tanujit
COVID-19 Forecasting
Theta model
Asymptotic stationarity
Hybrid model
Autoregressive Neural Networks
title Stochastic forecasting of COVID-19 daily new cases across countries with a novel hybrid time series model
title_full Stochastic forecasting of COVID-19 daily new cases across countries with a novel hybrid time series model
title_fullStr Stochastic forecasting of COVID-19 daily new cases across countries with a novel hybrid time series model
title_full_unstemmed Stochastic forecasting of COVID-19 daily new cases across countries with a novel hybrid time series model
title_short Stochastic forecasting of COVID-19 daily new cases across countries with a novel hybrid time series model
title_sort Stochastic forecasting of COVID-19 daily new cases across countries with a novel hybrid time series model
topic COVID-19 Forecasting
Theta model
Asymptotic stationarity
Hybrid model
Autoregressive Neural Networks
url https://depot.sorbonne.ae/handle/20.500.12458/1244