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For any financial organization, computing accurate quarterly forecasts for various products is one of the most critical operations. As the granularity at which forecasts are needed increases, traditional statistical time series models may…

Machine Learning · Computer Science 2020-01-28 Allison Koenecke , Amita Gajewar

The decisions traders make to buy or sell an asset depend on various analyses, with expertise required to identify patterns that can be exploited for profit. In this paper we identify novel features extracted from emergent and…

Statistical Finance · Quantitative Finance 2024-09-09 Gabriel Rodrigues Palma , Mariusz Skoczeń , Phil Maguire

It has been shown that financial news leads to the fluctuation of stock prices. However, previous work on news-driven financial market prediction focused only on predicting stock price movement without providing an explanation. In this…

Computation and Language · Computer Science 2019-02-14 Linyi Yang , Zheng Zhang , Su Xiong , Lirui Wei , James Ng , Lina Xu , Ruihai Dong

While many models are purposed for detecting the occurrence of significant events in financial systems, the task of providing qualitative detail on the developments is not usually as well automated. We present a deep learning approach for…

Computation and Language · Computer Science 2018-02-01 Samuel Rönnqvist , Peter Sarlin

Word embeddings or distributed representations of words are being used in various applications like machine translation, sentiment analysis, topic identification etc. Quality of word embeddings and performance of their applications depends…

Computation and Language · Computer Science 2020-03-09 Erion Çano , Maurizio Morisio

Incorporating environmental, social, and governance (ESG) considerations into systematic investments has drawn numerous attention recently. In this paper, we focus on the ESG events in financial news flow and exploring the predictive power…

Computational Finance · Quantitative Finance 2020-05-07 Tian Guo , Nicolas Jamet , Valentin Betrix , Louis-Alexandre Piquet , Emmanuel Hauptmann

In this paper we employ economic news within a neural network framework to forecast the Italian 10-year interest rate spread. We use a big, open-source, database known as Global Database of Events, Language and Tone to extract topical and…

Machine Learning · Computer Science 2022-03-15 Sergio Consoli , Luca Tiozzo Pezzoli , Elisa Tosetti

The present document delineates the analysis, design, implementation, and benchmarking of various neural network architectures within a short-term frequency prediction system for the foreign exchange market (FOREX). Our aim is to simulate…

Mathematical Finance · Quantitative Finance 2024-05-15 Theodoros Zafeiriou , Dimitris Kalles

Option pricing is a significant problem for option risk management and trading. In this article, we utilize a framework to present financial data from different sources. The data is processed and represented in a form of 2D tensors in three…

Computational Finance · Quantitative Finance 2021-09-24 Muyang Ge , Shen Zhou , Shijun Luo , Boping Tian

We present a Hawkes model approach to foreign exchange market in which the high frequency price dynamics is affected by a self exciting mechanism and an exogenous component, generated by the pre-announced arrival of macroeconomic news. By…

Trading and Market Microstructure · Quantitative Finance 2015-06-19 Marcello Rambaldi , Paris Pennesi , Fabrizio Lillo

This paper presents a comprehensive study on stock price prediction, leveragingadvanced machine learning (ML) and deep learning (DL) techniques to improve financial forecasting accuracy. The research evaluates the performance of various…

Statistical Finance · Quantitative Finance 2025-02-25 Daksh Dave , Gauransh Sawhney , Vikhyat Chauhan

We study whether ChatGPT and DeepSeek can extract information from the Wall Street Journal to predict the stock market and the macroeconomy. We find that ChatGPT has predictive power. DeepSeek underperforms ChatGPT, which is trained more…

General Economics · Economics 2025-02-17 Jian Chen , Guohao Tang , Guofu Zhou , Wu Zhu

The field of natural language processing (NLP) has made significant progress with the rapid development of deep learning technologies. One of the research directions in text sentiment analysis is sentiment analysis of medical texts, which…

Computation and Language · Computer Science 2024-12-04 Yinan Chen

The Efficient Market Hypothesis (EMH) highlights the essence of financial news in stock price movement. Financial news comes in the form of corporate announcements, news titles, and other forms of digital text. The generation of insights…

Machine Learning · Computer Science 2024-12-16 Abraham Atsiwo

Asset value forecasting has always attracted an enormous amount of interest among researchers in quantitative analysis. The advent of modern machine learning models has introduced new tools to tackle this classical problem. In this paper,…

Machine Learning · Computer Science 2020-09-22 Firuz Kamalov , Ikhlaas Gurrib

Volatility is a quantity of measurement for the price movements of stocks or options which indicates the uncertainty within financial markets. As an indicator of the level of risk or the degree of variation, volatility is important to…

Machine Learning · Computer Science 2018-11-12 Qiang Zhang , Rui Luo , Yaodong Yang , Yuanyuan Liu

This study enhances a Deep Q-Network (DQN) trading model by incorporating advanced techniques like Prioritized Experience Replay, Regularized Q-Learning, Noisy Networks, Dueling, and Double DQN. Extensive tests on assets like BTC/USD and…

Computational Finance · Quantitative Finance 2023-11-21 Gang Hu

Social media platforms like Facebook, Twitter, and Instagram have enabled connection and communication on a large scale. It has revolutionized the rate at which information is shared and enhanced its reach. However, another side of the coin…

Machine Learning · Computer Science 2021-04-13 Apurva Wani , Isha Joshi , Snehal Khandve , Vedangi Wagh , Raviraj Joshi

The unchecked spread of digital information, combined with increasing political polarization and the tendency of individuals to isolate themselves from opposing political viewpoints, has driven researchers to develop systems for…

Computation and Language · Computer Science 2024-11-08 Manuel Nunez Martinez , Sonja Schmer-Galunder , Zoey Liu , Sangpil Youm , Chathuri Jayaweera , Bonnie J. Dorr

This work aims to analyse the predictability of price movements of cryptocurrencies on both hourly and daily data observed from January 2017 to January 2021, using deep learning algorithms. For our experiments, we used three sets of…

Statistical Finance · Quantitative Finance 2021-02-18 Marco Ortu , Nicola Uras , Claudio Conversano , Giuseppe Destefanis , Silvia Bartolucci