Abstract

An integrated hog futures price forecasting model based on whale optimization algorithm, LightGBM, and Complete Ensemble Empirical Mode Decomposition with Adaptive Noise is proposed to overcome the limitations of a single machine learning model with low prediction accuracy and insufficient model stability. The simulation process begins with a grey correlation analysis of the hog futures price index system in order to identify influencing factors; after that, the WOA-LightGBM model is developed, and the WOA algorithm is used to optimize the LightGBM model parameters; and, finally, the residual sequence is decomposed and corrected by using the CEEMDAN method to build a combined WOA-LightGBM-CEEMDAN model. Furthermore, it is used for comparison experiments to check the validity of the model by using data from CSI 300 stock index futures. Based on all experimental results, the proposed combined model shows the highest prediction accuracy, surpassing the comparative model. The model proposed in this study is accurate enough to meet the forecasting accuracy requirements and provides an effective method for forecasting future prices.