Abstract: Accurately predicting non-peak traffic is crucial to
daily traffic for all forecasting models. In the paper, least squares
support vector machines (LS-SVMs) are investigated to solve such a
practical problem. It is the first time to apply the approach and analyze
the forecast performance in the domain. For comparison purpose, two
parametric and two non-parametric techniques are selected because of
their effectiveness proved in past research. Having good
generalization ability and guaranteeing global minima, LS-SVMs
perform better than the others. Providing sufficient improvement in
stability and robustness reveals that the approach is practically
promising.