Financial prediction and trading strategies using neurofuzzy approaches
IEEE Transactions on Systems Man and Cybernetics Part B (Cybernetics)Published 1 January 1998
Konstantinos N. Pantazopoulos, Lefteri H. Tsoukalas, N. Bourbakis, Morten Brun, Elias N. Houstis
Citations66
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TL;DR
Two methodologies are presented wherein neural predictors are used to anticipate the general behavior of financial indexes (moving up, down, or staying constant) in the context of stocks and options trading.
Abstract
Neurofuzzy approaches for predicting financial time series are investigated and shown to perform well in the context of various trading strategies involving stocks and options. The horizon of prediction is typically a few days and trading strategies are examined using historical data. Two methodologies are presented wherein neural predictors are used to anticipate the general behavior of financial indexes (moving up, down, or staying constant) in the context of stocks and options trading. The methodologies are tested with actual financial data and show considerable promise as a decision making and planning tool.
Keywords
Computer ScienceDecision SciencesEconomics, Econometrics and Finance
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