A Forecasting Model Based on Multi-Valued Neutrosophic Sets and Two-Factor, Third-Order Fuzzy Fluctuation Logical Relationships

Making predictions according to historical values has long been regarded as common practice by many researchers. However, forecasting solely based on historical values could lead to inevitable over-complexity and uncertainty due to the uncertainties inside, and the random influence outside, of the data. Consequently, finding the inherent rules and patterns of a time series by eliminating disturbances without losing important details has long been a research hotspot. In this paper, we propose a novel forecasting model based on multi-valued neutrosophic sets to find fluctuation rules and patterns of a time series.