Machine Learning for Asset Management and Pricing

Machine Learning for Asset Management and Pricing
Author :
Publisher : SIAM
Total Pages : 267
Release :
ISBN-10 : 9781611977905
ISBN-13 : 1611977908
Rating : 4/5 (908 Downloads)

Book Synopsis Machine Learning for Asset Management and Pricing by : Henry Schellhorn

Download or read book Machine Learning for Asset Management and Pricing written by Henry Schellhorn and published by SIAM. This book was released on 2024-03-26 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook covers the latest advances in machine learning methods for asset management and asset pricing. Recent research in deep learning applied to finance shows that some of the (usually confidential) techniques used by asset managers result in better investments than the more standard techniques. Cutting-edge material is integrated with mainstream finance theory and statistical methods to provide a coherent narrative. Coverage includes an original machine learning method for strategic asset allocation; the no-arbitrage theory applied to a wide portfolio of assets as well as other asset management methods, such as mean-variance, Bayesian methods, linear factor models, and strategic asset allocation; recent techniques such as neural networks and reinforcement learning, and more classical ones, including nonlinear and linear programming, principal component analysis, dynamic programming, and clustering. The authors use technical and nontechnical arguments to accommodate readers with different levels of mathematical preparation. The book is easy to read yet rigorous and contains a large number of exercises. Machine Learning for Asset Management and Pricing is intended for graduate students and researchers in finance, economics, financial engineering, and data science focusing on asset pricing and management. It will also be of interest to finance professionals and analysts interested in applying machine learning to investment strategies and asset management. This textbook is appropriate for courses on asset management, optimization with applications, portfolio theory, and asset pricing.


Machine Learning for Asset Management and Pricing Related Books