Title: Neural Networks in Finance and Investing: Using Artificial Intelligence to Improve Real-World Performance
Publisher: Probus Pub Co
Publication Date: 1992
Language: English
ISBN 10: 1557384525
ISBN 13: 9781557384522
Binding: Hardcover
Condition: Good
Dust Jacket Condition: No Jacket
Weight: 2 pounds

About this title

Synopsis

Many believe that neural networks will eventually out-perform even the best traders and investors, yet this extraordinary technology remained largely inaccessible to practitioners--prior to this landmark text. Nowhere else will you find such a thorough and relevant examination of the applications and potential of this cutting-edge technology. This book not only contains many examples of neural networks for prediction and risk assessment, but provides promising systems for forecasting and explaining price movements of stocks and securities. Sections include neural network overview; analysis of financial condition; business failure prediction; debt risk assessment; security market applications; and neural network approaches to financial forecasting.

Review

This is a revised and expanded edition of the first-ever book focusing on financial applications of neural networks. This widely-acclaimed classic provides portfolio managers, institutional investors, bankers, and analysts with a comprehensive and fascinating introduction to this important technology and numerous insights into its most effective use.

The promise of computers has always been their ability to extend the capacity of human mental processes. Nowhere is that promise more fully realized than in neural networks and in no field are the implications of greater economic significance than finance.

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