Neural Networks in Finance: Gaining Predictive Edge in the Market (Academic Press Advanced Finance Series)

This book explores the intuitive appeal of neural networks and the genetic algorithm in finance. It demonstrates how neural networks used in combination with evolutionary computation outperform classical econometric methods for accuracy in forecasting, classification and dimensionality reduction. McNelis utilizes a variety of examples, from forecasting automobile production and corporate bond spread, to inflation and deflation processes in Hong Kong and Japan, to credit card default in Germany to bank failures in Texas, to cap-floor volatilities in New York and Hong Kong. * Offers a balanced, critical review of the neural network methods and genetic algorithms used in finance * Includes numerous examples and applications * Numerical illustrations use MATLAB code and the book is accompanied by a website Dizziness. Fatigue. Loss of appetite. Heightened sense of anxiety. Lack of concentration. Are these the presenting symptoms of your last patient in the neurology clinic? Or, are these your own symptoms to the prospect of sitting for the neurology board exam? Neurology Study Guide: Oral Board Examination Review will help alleviate your exam-related symptoms. Part of the challenge of the exam is due to its breadth and depth, covering, as it does, most of clinical neurology. The author has based her review on both practical advice on both clinical content and personal demeanor and attitude during the exam. The book is divided into two parts. Part 1 is devoted to practical tips on the exam's structure, its etiquette and preparation. Particular emphasis is placed on reasons for failing the exam. Part 2 provides sample adult and pediatric vignettes, mirroring that part of the oral Board. Each vignette is presented in a format similar to the exam's format. Each case provides a differential diagnosis, most likely diagnosis and treatment recommendations. Where relevant, potential pitfalls, do's and don'ts, musts and shoulds and frequently asked questions, complement the case discussion. Armed with a good night's sleep, an adequate breakfast and Neurology Study Guide: Oral Board Examination Review the board examinations can be an engaging, challenging, and invigorating experience, rather than one to be dreaded. This book explores the intuitive appeal of neural networks and the genetic algorithm in finance. It demonstrates how neural networks used in combination with evolutionary computation outperform classical econometric methods for accuracy in forecasting, classification and dimensionality reduction.

McNelis utilizes a variety of examples, from forecasting automobile production and corporate bond spread, to inflation and deflation processes in Hong Kong and Japan, to credit card default in Germany to bank failures in Texas, to cap-floor volatilities in New York and Hong Kong.

* Offers a balanced, critical review of the neural network methods and genetic algorithms used in finance
* Includes numerous examples and applications
* Numerical illustrations use MATLAB code and the book is accompanied by a website For those seeking APBN certfication in neurology, this book is an indispensible guide to the oral exam. Based upon the exam itself, this text will help the candidate through all phases of the notoriously daunting oral exams. The text includes clinical vignettes, lists, guidelines, and tables which enable the reader to more easily face and overcome the challenges of this difficult and all-important exam. "Dizziness. Fatigue. Loss of appetite. Heightened sense of anxiety. Lack of concentration. Are these the presenting symptoms of your last patient in the neurology clinic? Or, are these your own symptoms to the prospect of sitting for the neurology board exam? Neurology Study Guide: Oral Board Examination Review will help alleviate your exam-related symptoms."--Jacket This book shows how neural networks may be put to work for more accurate forecasting, classification, and dimensionality reduction for better decision making in financial markets-particularly in the volatile emerging markets of Asia and Latin America, but also in domestic industrialized-country asset markets and business environments.