This paper proposes a novel improvement of forecasting approach based on using time-invariant fuzzy time series. In contrast to traditional forecasting methods, fuzzy time series can be also applied to problems, in which historical data are linguistic values. It is shown that proposed time-invariant method improves the performance of forecasting process. Further, the effect of using different n...

Let R be a ring and V be a matrix valuation on R. It is shown that, there exists a correspondence between matrix valuations on R and some special subsets ?(MVPR) of the set of all square matrices over R, analogous to the correspondence between invariant valuation rings and abelian valuation functions on a division ring. Furthermore, based on Malcolmson’s localization, an alternative proof for t...