Название: Machine Learning in Asset Pricing
Автор: Stefan Nagel
Издательство: Princeton University Press
Год: 2021
Страниц: 157
Язык: английский
Формат: pdf (true)
Размер: 10.1 MB
A groundbreaking, authoritative introduction to how Machine Learning (ML) can be applied to asset pricing. Investors in financial markets are faced with an abundance of potentially value-relevant information from a wide variety of different sources. In such data-rich, high-dimensional environments, techniques from the rapidly advancing field of Machine Learning are well-suited for solving prediction problems. Accordingly, ML methods are quickly becoming part of the toolkit in asset pricing research and quantitative investing. In this book, Stefan Nagel examines the promises and challenges of ML applications in asset pricing.