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An appropriate calibration and forecasting of volatility and market risk are some of the main challenges faced by companies that have to manage the uncertainty inherent to their investments or funding operations such as banks, pension funds…

Risk Management · Quantitative Finance 2020-08-19 E. Ramos-Pérez , P. J. Alonso-González , J. J. Núñez-Velázquez

Multi-behavioral sequential recommendation has recently attracted increasing attention. However, existing methods suffer from two major limitations. Firstly, user preferences and intents can be described in fine-grained detail from multiple…

Information Retrieval · Computer Science 2023-09-27 Haobing Liu , Jianyu Ding , Yanmin Zhu , Feilong Tang , Jiadi Yu , Ruobing Jiang , Zhongwen Guo

Visual Prompt Tuning (VPT) techniques have gained prominence for their capacity to adapt pre-trained Vision Transformers (ViTs) to downstream visual tasks using specialized learnable tokens termed as prompts. Contemporary VPT methodologies,…

Computer Vision and Pattern Recognition · Computer Science 2024-02-28 Shentong Mo , Yansen Wang , Xufang Luo , Dongsheng Li

Recent state-of-the-art performances of Vision Transformers (ViT) in computer vision tasks demonstrate that a general-purpose architecture, which implements long-range self-attention, could replace the local feature learning operations of…

The Multi Variate Mixture Dynamics model is a tractable, dynamical, arbitrage-free multivariate model characterized by transparency on the dependence structure, since closed form formulae for terminal correlations, average correlations and…

Pricing of Securities · Quantitative Finance 2018-11-01 Damiano Brigo , Camilla Pisani , Francesco Rapisarda

We present a neural network based calibration method that performs the calibration task within a few milliseconds for the full implied volatility surface. The framework is consistently applicable throughout a range of volatility models…

Mathematical Finance · Quantitative Finance 2019-08-26 Blanka Horvath , Aitor Muguruza , Mehdi Tomas

We study a Markov-Functional (MF) interest-rate model with Uncertain Volatility Displaced Diffusion (UVDD) digital mapping, which is consistent with the volatility-smile phenomenon observed in the option market. We first check the impact of…

Mathematical Finance · Quantitative Finance 2014-04-25 Feijia Wang

Attention mechanisms are ubiquitous components in neural architectures applied to natural language processing. In addition to yielding gains in predictive accuracy, attention weights are often claimed to confer interpretability, purportedly…

Computation and Language · Computer Science 2020-04-08 Danish Pruthi , Mansi Gupta , Bhuwan Dhingra , Graham Neubig , Zachary C. Lipton

Predicting stock price movements during Earnings Announcements (EAs) is a significant challenge due to market noise and high-impact price discontinuities. In this study, we evaluate whether pre-announcement news sentiment, firm…

Machine Learning · Computer Science 2026-05-26 Manuel Noseda , Nathan Soldati , Marco Paina

Designing robust and accurate prediction models has been a viable research area since a long time. While proponents of a well-functioning market predictors believe that it is difficult to accurately predict market prices but many scholars…

Statistical Finance · Quantitative Finance 2022-05-16 Vishal Kuber , Divakar Yadav , Arun Kr Yadav

Recently, the philosophy of visual saliency and attention has started to gain popularity in the robotics community. Therefore, this paper aims to mimic this mechanism in SLAM framework by using saliency prediction model. Comparing with…

Robotics · Computer Science 2020-12-23 Ke Wang , Sai Ma , Junlan Chen , Jianbo Lu

We investigate the pricing of financial options under the 2-hypergeometric stochastic volatility model. This is an analytically tractable model that reproduces the volatility smile and skew effects observed in empirical market data. Using a…

Probability · Mathematics 2017-08-04 Rúben Sousa , Ana Bela Cruzeiro , Manuel Guerra

Neural attention has become central to many state-of-the-art models in natural language processing and related domains. Attention networks are an easy-to-train and effective method for softly simulating alignment; however, the approach does…

Machine Learning · Statistics 2018-11-09 Yuntian Deng , Yoon Kim , Justin Chiu , Demi Guo , Alexander M. Rush

Non-core drilling has gradually become the primary exploration method in geological exploration engineering, and well logging curves have increasingly gained importance as the main carriers of geological information. However, factors such…

Machine Learning · Computer Science 2024-01-04 Yuankai Zhou , Huanyu Li

Implied volatilities form a well-known structure of smile or surface which accommodates the Bachelier model and observed market prices of interest rate options. For the swaptions that we study, three parameters are taken into account for…

Statistical Finance · Quantitative Finance 2017-10-04 Jinglun Yao , Sabine Laurent , Brice Bénaben

Predicting future stock prices and their movement patterns is a complex problem. Hence, building a portfolio of capital assets using the predicted prices to achieve the optimization between its return and risk is an even more difficult…

Portfolio Management · Quantitative Finance 2021-12-24 Jaydip Sen , Abhishek Dutta , Sidra Mehtab

Deep learning models have achieved remarkable success in natural language inference (NLI) tasks. While these models are widely explored, they are hard to interpret and it is often unclear how and why they actually work. In this paper, we…

Computation and Language · Computer Science 2019-05-21 Reza Ghaeini , Xiaoli Z. Fern , Prasad Tadepalli

While LSTMs show increasingly promising results for forecasting Financial Time Series (FTS), this paper seeks to assess if attention mechanisms can further improve performance. The hypothesis is that attention can help prevent long-term…

Machine Learning · Computer Science 2018-12-20 Thomas Hollis , Antoine Viscardi , Seung Eun Yi

Predicting fund performance is beneficial to both investors and fund managers, and yet is a challenging task. In this paper, we have tested whether deep learning models can predict fund performance more accurately than traditional…

Statistical Finance · Quantitative Finance 2023-08-01 Nghia Chu , Binh Dao , Nga Pham , Huy Nguyen , Hien Tran

We revisit the ``Smile Dynamics'' problem, which consists in relating the implied leverage (i.e. the correlation of the at-the-money volatility with the returns of the underlying) and the skew of the option smile. The ratio between these…

Statistical Finance · Quantitative Finance 2013-11-19 Vincent Vargas , Tung-Lam Dao , Jean-Philippe Bouchaud