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Forecasting financial markets with artificial neural networks

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Detalhes bibliográficos
Resumo:Artificial Neural Networks are exible nonlinear mathematical models widely used in forecasting. This work is intended to investigate the support these models can give to nancial economists predicting prices movements of oil and gas companies listed in stock exchanges. Multilayer Perceptron models with logistic activation functions achieved better results predicting the direction of stocks returns than traditional linear regressions and better performances in companies with lower market capitalization. Furthermore, multilayer perceptron with eight hidden units in the hidden layer had better predictive ability than a neural network with four hidden neurons.
Autores principais:Vieira, Cristiano Ribeiro
Assunto:Artificial Neural Networks Multilayer Perceptron Backpropagation Financial markets Oil & Gas Industry Forecasting.
Ano:2013
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade de Lisboa
Idioma:inglês
Origem:Repositório da Universidade de Lisboa
Descrição
Resumo:Artificial Neural Networks are exible nonlinear mathematical models widely used in forecasting. This work is intended to investigate the support these models can give to nancial economists predicting prices movements of oil and gas companies listed in stock exchanges. Multilayer Perceptron models with logistic activation functions achieved better results predicting the direction of stocks returns than traditional linear regressions and better performances in companies with lower market capitalization. Furthermore, multilayer perceptron with eight hidden units in the hidden layer had better predictive ability than a neural network with four hidden neurons.