Neural Networks in Finance: Gaining Predictive Edge in the Market

by Paul D. McNelis

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...

• Format: Hardcover
• Language: English
• ISBN: 0124859674
• ISBN13: 9780124859678
• Release Date: January 2005
• Publisher: Academic Press
• Length: 352 Pages
• Weight: 1.20 lbs.
• Dimensions: 0.8" x 6.3" x 9.4"