IDEAS home Printed from https://ideas.repec.org/a/hin/jnlmpe/6847145.html
   My bibliography  Save this article

Application of PCA-SVM Model in Financial Crisis Early Warning System of Listed Manufacturing Companies

Author

Listed:
  • Jing Li
  • Mingliang Zhang
  • Wen-Tsao Pan

Abstract

Manufacturing industry has always occupied this very important proportion in the national economy. However, with the economic problems in the past two years, some enterprises began to have a deficit crisis. In order to fundamentally alleviate and solve the financial problems of enterprises, this paper studies the financial model prediction of enterprises based on principal component analysis and support vector machine. The multiple financial analysis trajectories are constructed by using PCA-SVM model, and the results are compared with those of logistic model, BP neural network model, and single support vector machine. Experiments show that the prediction level of PCA-SVM model is the best, and the accuracy of the second model is not as good as this model. The error rates of the second type are 14.81%, 14.54%, and 7.67%, respectively, which are higher than those of PCA-SVM model. After comparing the models in this paper, it is found that the components of the model should be extracted first, and then the data operation should be carried out. Such calculation trajectory has a high level of accuracy. The research of this paper provides reference value for solving the financial problems of manufacturing enterprises.

Suggested Citation

  • Jing Li & Mingliang Zhang & Wen-Tsao Pan, 2022. "Application of PCA-SVM Model in Financial Crisis Early Warning System of Listed Manufacturing Companies," Mathematical Problems in Engineering, Hindawi, vol. 2022, pages 1-9, August.
  • Handle: RePEc:hin:jnlmpe:6847145
    DOI: 10.1155/2022/6847145
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/mpe/2022/6847145.pdf
    Download Restriction: no

    File URL: http://downloads.hindawi.com/journals/mpe/2022/6847145.xml
    Download Restriction: no

    File URL: https://libkey.io/10.1155/2022/6847145?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hin:jnlmpe:6847145. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.