2nd National Conference on Information and Communication Technology |
Foundation of Computer Science USA |
NCICT - Number 1 |
November 2011 |
Authors: Punam Varghade, Prof. Rahila Sheikh |
00353913-c3e9-4677-91b1-e90a440f9646 |
Punam Varghade, Prof. Rahila Sheikh . Financial Forecasting using Neural Networks: A Review. 2nd National Conference on Information and Communication Technology. NCICT, 1 (November 2011), 1-6.
Neural networks are good at classification, forecasting and recognition. They are also good candidates of financial forecasting tools. Forecasting is often used in the decision making process. Neural network training is an art. Trading based on neural network outputs, or trading strategy is also an art. We will discuss a seven-step neural network forecasting model building approach in this article. Pre and post data processing/analysis skills, data sampling, training criteria and model recommendation will also be covered in this article.