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This study investigates the application of machine learning techniques, specifically Neural Networks, Random Forests, and CatBoost for option pricing, in comparison to traditional models such as Black-Scholes and Heston Model. Using both…

Computational Finance · Quantitative Finance 2025-10-03 Georgy Milyushkov

We present a deep long short-term memory (LSTM)-based neural network for predicting asset prices, together with a successful trading strategy for generating profits based on the model's predictions. Our work is motivated by the fact that…

Statistical Finance · Quantitative Finance 2019-05-09 Chariton Chalvatzis , Dimitrios Hristu-Varsakelis

We analyze approximation rates by deep ReLU networks of a class of multi-variate solutions of Kolmogorov equations which arise in option pricing. Key technical devices are deep ReLU architectures capable of efficiently approximating tensor…

Functional Analysis · Mathematics 2021-10-12 Dennis Elbrächter , Philipp Grohs , Arnulf Jentzen , Christoph Schwab

Deep learning searches for nonlinear factors for predicting asset returns. Predictability is achieved via multiple layers of composite factors as opposed to additive ones. Viewed in this way, asset pricing studies can be revisited using…

Machine Learning · Statistics 2018-04-27 Guanhao Feng , Jingyu He , Nicholas G. Polson

Prediction of stock price and stock price movement patterns has always been a critical area of research. While the well-known efficient market hypothesis rules out any possibility of accurate prediction of stock prices, there are formal…

Statistical Finance · Quantitative Finance 2021-01-05 Sidra Mehtab , Jaydip Sen , Subhasis Dasgupta

We predict asset returns and measure risk premia using a prominent technique from artificial intelligence -- deep sequence modeling. Because asset returns often exhibit sequential dependence that may not be effectively captured by…

Machine Learning · Computer Science 2021-08-23 Lin William Cong , Ke Tang , Jingyuan Wang , Yang Zhang

Precisely forecasting the excess returns of an asset (e.g., Tesla stock) is beneficial to all investors. However, the unpredictability of market dynamics, influenced by human behaviors, makes this a challenging task. In prior research,…

Pricing of Securities · Quantitative Finance 2023-05-19 Jingjing Guo

In this paper, we focus on option pricing models based on space-time fractional diffusion. We briefly revise recent results which show that the option price can be represented in the terms of rapidly converging double-series and apply these…

Mathematical Finance · Quantitative Finance 2018-04-09 Jean-Philippe Aguilar , Jan Korbel

The recent surge in Deep Learning (DL) research of the past decade has successfully provided solutions to many difficult problems. The field of quantitative analysis has been slowly adapting the new methods to its problems, but due to…

This paper introduces a deep learning system based on a quantum neural network for the binary classification of points of a specific geometric pattern (Two-Moons Classification problem) on a plane. We believe that the use of hybrid deep…

Quantum Physics · Physics 2022-08-10 Marco Simonetti , Damiano Perri , Osvaldo Gervasi

The objective of this paper is to introduce the theory of option pricing for markets with informed traders within the framework of dynamic asset pricing theory. We introduce new models for option pricing for informed traders in complete…

Mathematical Finance · Quantitative Finance 2020-08-13 Yuan Hu , Abootaleb Shirvani , Stoyan Stoyanov , Young Shin Kim , Frank J. Fabozzi , Svetlozar T. Rachev

This paper provides an entry point to the problem of interpreting a deep neural network model and explaining its predictions. It is based on a tutorial given at ICASSP 2017. It introduces some recently proposed techniques of interpretation,…

Machine Learning · Computer Science 2017-11-15 Grégoire Montavon , Wojciech Samek , Klaus-Robert Müller

In this paper we propose a tensor-based nonlinear model for high-order data classification. The advantages of the proposed scheme are that (i) it significantly reduces the number of weight parameters, and hence of required training samples,…

Time series prediction with neural networks has been the focus of much research in the past few decades. Given the recent deep learning revolution, there has been much attention in using deep learning models for time series prediction, and…

Machine Learning · Computer Science 2021-06-08 Rohitash Chandra , Shaurya Goyal , Rishabh Gupta

Stock market prediction has been a classical yet challenging problem, with the attention from both economists and computer scientists. With the purpose of building an effective prediction model, both linear and machine learning tools have…

Statistical Finance · Quantitative Finance 2021-08-13 Weiwei Jiang

We propose a deep Recurrent neural network (RNN) framework for computing prices and deltas of American options in high dimensions. Our proposed framework uses two deep RNNs, where one network learns the price and the other learns the delta…

Mathematical Finance · Quantitative Finance 2023-01-20 Andrew Na , Justin Wan

We propose a deep neural network framework for computing prices and deltas of American options in high dimensions. The architecture of the framework is a sequence of neural networks, where each network learns the difference of the price…

Computational Finance · Quantitative Finance 2019-09-30 Yangang Chen , Justin W. L. Wan

Deep learning is a machine learning approach that produces excellent performance in various applications, including natural language processing, image identification, and forecasting. Deep learning network performance depends on the…

Machine Learning · Computer Science 2023-06-14 Andri Pranolo , Yingchi Mao , Aji Prasetya Wibawa , Agung Bella Putra Utama , Felix Andika Dwiyanto

Price prediction is one of the examples related to forecasting tasks and is a project based on data science. Price prediction analyzes data and predicts the cost of new products. The goal of this research is to achieve an arrangement to…

Computer Vision and Pattern Recognition · Computer Science 2021-04-05 Aidin Zehtab-Salmasi , Ali-Reza Feizi-Derakhshi , Narjes Nikzad-Khasmakhi , Meysam Asgari-Chenaghlu , Saeideh Nabipour

We study the dynamic portfolio selection of an investor who uses deep learning methods to forecast stock market excess returns. In a two-asset allocation problem, deep neural networks -- both feedforward and long short-term memory (LSTM)…

General Finance · Quantitative Finance 2026-02-16 Mykola Babiak , Jozef Barunik