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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

Traditional machine learning methods have been widely studied in financial innovation. My study focuses on the application of deep learning methods on asset pricing. I investigate various deep learning methods for asset pricing, especially…

Statistical Finance · Quantitative Finance 2022-09-27 Chen Zhang

The project aims to research on combining deep learning specifically Long-Short Memory (LSTM) and basic statistics in multiple multistep time series prediction. LSTM can dive into all the pages and learn the general trends of variation in a…

Machine Learning · Statistics 2017-10-13 Chuanyun Zang

Accurate covariance forecasting is central to portfolio allocation, risk management, and asset pricing, yet many existing methods struggle at medium-term horizons, where shifting market regimes and slower dynamics predominate. We propose a…

Computational Engineering, Finance, and Science · Computer Science 2026-05-21 Pedro Reis , Ana Paula Serra , João Gama

The application of machine learning to financial prediction has accelerated dramatically, yet the conditions under which complex models outperform simple alternatives remain poorly understood. This paper investigates whether advanced signal…

Computational Finance · Quantitative Finance 2026-01-13 Sungwoo Kang

Performance forecasting is an age-old problem in economics and finance. Recently, developments in machine learning and neural networks have given rise to non-linear time series models that provide modern and promising alternatives to…

Statistical Finance · Quantitative Finance 2022-01-21 Carmina Fjellström

Precise financial series predicting has long been a difficult problem because of unstableness and many noises within the series. Although Traditional time series models like ARIMA and GARCH have been researched and proved to be effective in…

Machine Learning · Computer Science 2018-12-11 Xin-Yao Qian

We propose a new approach to volatility modeling by combining deep learning (LSTM) and realized volatility measures. This LSTM-enhanced realized GARCH framework incorporates and distills modeling advances from financial econometrics, high…

Econometrics · Economics 2023-10-18 Chen Liu , Chao Wang , Minh-Ngoc Tran , Robert Kohn

The conventional deep learning approaches for solving time-series problem such as long-short term memory (LSTM) and gated recurrent unit (GRU) both consider the time-series data sequence as the input with one single unit as the output…

Signal Processing · Electrical Eng. & Systems 2020-07-01 Xiaoming Li , Chun Wang , Xiao Huang , Yimin Nie

The paper examines the performance of regression models (OLS linear regression, Ridge regression, Random Forest, and Fully-connected Neural Network) on the prediction of CMA (Conservative Minus Aggressive) factor premium and the performance…

Portfolio Management · Quantitative Finance 2024-07-23 Prabhu Prasad Panda , Maysam Khodayari Gharanchaei , Xilin Chen , Haoshu Lyu

Propose a deep learning driven multi factor investment model optimization method for risk control. By constructing a deep learning model based on Long Short Term Memory (LSTM) and combining it with a multi factor investment model, we…

Computational Finance · Quantitative Finance 2025-07-02 Ruisi Li , Xinhui Gu

Financial market prediction is a challenging application of machine learning, where even small improvements in directional accuracy can yield substantial value. Most models struggle to exceed 55--57\% accuracy due to high noise,…

Machine Learning · Computer Science 2025-12-19 Abraham Itzhak Weinberg

We have applied a Long Short-Term Memory neural network to model S&P 500 volatility, incorporating Google domestic trends as indicators of the public mood and macroeconomic factors. In a held-out test set, our Long Short-Term Memory model…

Computational Finance · Quantitative Finance 2016-02-17 Ruoxuan Xiong , Eric P. Nichols , Yuan Shen

In this work we show that prediction uncertainty estimates gleaned from deep learning models can be useful inputs for influencing the relative allocation of risk capital across trades. In this way, consideration of uncertainty is important…

Statistical Finance · Quantitative Finance 2020-08-03 Trent Spears , Stefan Zohren , Stephen Roberts

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

Despite numerous research efforts in applying deep learning to time series forecasting, achieving high accuracy in multi-step predictions for volatile time series like crude oil prices remains a significant challenge. Moreover, most…

Machine Learning · Computer Science 2024-07-17 Mohammed Alruqimi , Luca Di Persio

The stock market prediction has always been crucial for stakeholders, traders and investors. We developed an ensemble Long Short Term Memory (LSTM) model that includes two-time frequencies (annual and daily parameters) in order to predict…

Statistical Finance · Quantitative Finance 2020-01-13 Zineb Lanbouri , Saaid Achchab

On a periodic basis, publicly traded companies report fundamentals, financial data including revenue, earnings, debt, among others. Quantitative finance research has identified several factors, functions of the reported data that…

Statistical Finance · Quantitative Finance 2020-07-16 Lakshay Chauhan , John Alberg , Zachary C. Lipton

Machine learning driven trading strategies have garnered a lot of interest over the past few years. There is, however, limited consensus on the ideal approach for the development of such trading strategies. Further, most literature has…

Artificial Intelligence · Computer Science 2022-03-25 Prasang Gupta , Shaz Hoda , Anand Rao

Designing robust systems for precise prediction of future prices of stocks has always been considered a very challenging research problem. Even more challenging is to build a system for constructing an optimum portfolio of stocks based on…

Statistical Finance · Quantitative Finance 2021-08-31 Jaydip Sen , Abhishek Dutta , Sidra Mehtab