WiMi Developed a Hybrid Machine Learning Model Based on VMD and SVR to Lead Bitcoin Price Prediction
BEIJING, April 8, 2024 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced that it developed a two-stage hybrid machine learning model based on variational modal decomposition (VMD) and support vector regression (SVR). In order to efficiently capture the dynamic information of the market, WiMi’s model of this technology employs the Boruta algorithm for technical indicators and feature selection. This helps in finding the most relevant subset of features, minimizing the complexity of the model and improving its efficiency.