Digital Industry Financial Risk Early Warning System Based on Improved K-Means Clustering Algorithm

Abstract

Corporate financial risks not only endanger the financial stability of digital industry but also cause huge losses to the macro-economy and social wealth. In order to detect and warn digital industry financial risks in time, this paper proposes an early warning system of digital industry financial risks based on improved K-means clustering algorithm. Aiming to speed up the K-means calculation and find the optimal clustering subspace, a specific transformation matrix is used to project the data. The feature space is divided into clustering space and noise space. The former contains all spatial structure information; the latter does not contain any information. Each iteration of K-means is carried out in the clustering space, and the effect of dimensionality screening is achieved in the iteration process. At the same time, the retained dimensions are fed back to the next iteration. The dimensional information of the cluster space is discovered automatically, so no additional parameters are introduced. Experimental results show that the accuracy of the proposed algorithm is higher than other algorithms in financial risk detection.

Retracted: Digital Industry Financial Risk Early Warning System Based on Improved K‐Means Clustering Algorithm

“…Tis article has been retracted by Hindawi following an investigation undertaken by the publisher [1]. Tis investigation has uncovered evidence of one or more of the following indicators of systematic manipulation of the publication process:…”

“…This article has been retracted by Hindawi following an investigation undertaken by the publisher [ 1 ]. This investigation has uncovered evidence of one or more of the following indicators of systematic manipulation of the publication process: Discrepancies in scope Discrepancies in the description of the research reported Discrepancies between the availability of data and the research described Inappropriate citations Incoherent, meaningless and/or irrelevant content included in the article Peer-review manipulation …”