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According to the volatility feedback effect, an unexpected increase in squared volatility leads to an immediate decline in the price-dividend ratio. In this paper, we consider the properties of stock price dynamics and option valuations…

Pricing of Securities · Quantitative Finance 2015-06-11 Juho Kanniainen , Robert Piché

In this paper we formulate a regression problem to predict realized volatility by using option price data and enhance VIX-styled volatility indices' predictability and liquidity. We test algorithms including regularized regression and…

Mathematical Finance · Quantitative Finance 2019-09-24 Peter Carr , Liuren Wu , Zhibai Zhang

Financial markets are inherently non-stationary, with shifting volatility regimes that alter asset co-movements and return distributions. Standard portfolio optimization methods, typically built on stationarity or regime-agnostic…

Portfolio Management · Quantitative Finance 2025-10-20 Yiyao Zhang , Diksha Goel , Hussain Ahmad , Claudia Szabo

Forecasting the trend of stock prices is an enduring topic at the intersection of finance and computer science. Periodical updates to forecasters have proven effective in handling concept drifts arising from non-stationary markets. However,…

Computational Engineering, Finance, and Science · Computer Science 2024-01-18 Shiluo Huang , Zheng Liu , Ye Deng , Qing Li

Data Mining is being actively applied to stock market since 1980s. It has been used to predict stock prices, stock indexes, for portfolio management, trend detection and for developing recommender systems. The various algorithms which have…

Neural and Evolutionary Computing · Computer Science 2013-02-06 Savinderjit Kaur , Veenu Mangat

Modeling stock returns is not a new task for mathematicians, investors, and portfolio managers, but it remains a difficult objective due to the ebb and flow of stock markets. One common solution is to approximate the distribution of stock…

Mathematical Finance · Quantitative Finance 2019-06-26 David Toth , Bruce Jones

Prediction of stock prices plays a significant role in aiding the decision-making of investors. Considering its importance, a growing literature has emerged trying to forecast stock prices with improved accuracy. In this study, we introduce…

Statistical Finance · Quantitative Finance 2023-11-14 Md Sabbirul Haque , Md Shahedul Amin , Jonayet Miah , Duc Minh Cao , Ashiqul Haque Ahmed

Distributional shift is one of the major obstacles when transferring machine learning prediction systems from the lab to the real world. To tackle this problem, we assume that variation across training domains is representative of the…

We present a detailed analysis and implementation of a splitting strategy to identify simultaneously the local-volatility surface and the jump-size distribution from quoted European prices. The underlying model consists of a jump-diffusion…

Computational Finance · Quantitative Finance 2018-11-07 Vinicius Albani , Jorge Zubelli

Stock return predictability is an important research theme as it reflects our economic and social organization, and significant efforts are made to explain the dynamism therein. Statistics of strong explanative power, called "factor" have…

Statistical Finance · Quantitative Finance 2020-11-26 Kei Nakagawa , Masaya Abe , Junpei Komiyama

The goal of regression analysis is to predict the value of a numeric outcome variable y given a vector of joint values of other (predictor) variables x. Usually a particular x-vector does not specify a repeatable value for y, but rather a…

Machine Learning · Statistics 2020-01-29 Jerome H. Friedman

The present paper proposes a new framework for describing the stock price dynamics. In the traditional geometric Brownian motion model and its variants, volatility plays a vital role. The modern studies of asset pricing expand around…

Mathematical Finance · Quantitative Finance 2022-10-12 Ben Duan , Yutian Li , Dawei Lu , Yang Lu , Ran Zhang

In this paper, we compare various approaches to stock price prediction using neural networks. We analyze the performance fully connected, convolutional, and recurrent architectures in predicting the next day value of S&P 500 index based on…

Statistical Finance · Quantitative Finance 2021-03-29 Firuz Kamalov , Linda Smail , Ikhlaas Gurrib

Stock market indices serve as fundamental market measurement that quantify systematic market dynamics. However, accurate index price prediction remains challenging, primarily because existing approaches treat indices as isolated time series…

Statistical Finance · Quantitative Finance 2025-06-05 Junzhe Jiang , Chang Yang , Xinrun Wang , Bo Li

A significant challenge in maintaining real-world machine learning models is responding to the continuous and unpredictable evolution of data. Most practitioners are faced with the difficult question: when should I retrain or update my…

Machine Learning · Computer Science 2025-05-22 Regol Florence , Schwinn Leo , Sprague Kyle , Coates Mark , Markovich Thomas

In machine learning applications, distribution shifts between training and target environments can lead to significant drops in model performance. This study investigates the impact of such shifts on binary classification models within the…

Machine Learning · Statistics 2024-08-20 Minji Kim , Seong Jin Lee , Bumsik Kim

Anomaly detection plays a crucial role in quality control for industrial applications. However, ensuring robustness under unseen domain shifts such as lighting variations or sensor drift remains a significant challenge. Existing methods…

Computer Vision and Pattern Recognition · Computer Science 2025-03-20 Jingyi Liao , Xun Xu , Yongyi Su , Rong-Cheng Tu , Yifan Liu , Dacheng Tao , Xulei Yang

Time-aware data valuation enhances training efficiency and model robustness, as early detection of harmful samples could prevent months of wasted computation. However, existing methods rely on model retraining or convergence assumptions or…

Machine Learning · Computer Science 2025-02-18 Jie Xu , Zihan Wu , Cong Wang , Xiaohua Jia

Risk management is an important part of financial practice, essential for protecting assets and investments in modern-day volatile markets. This paper proposes a mixture of mirrored Weibull (MMW) distribution for modelling stock returns and…

Applications · Statistics 2026-05-20 Zijun Jia , Sharon X. Lee

Technical and fundamental analysis are traditional tools used to analyze individual stocks; however, the finance literature has shown that the price movement of each individual stock correlates heavily with other stocks, especially those…

Computational Engineering, Finance, and Science · Computer Science 2019-03-11 Ran Zhao , Yuntian Deng , Mark Dredze , Arun Verma , David Rosenberg , Amanda Stent