Decision Technologies for Financial Engineering: Proceedings of the Fourth International Conference on Neural Networks in the Capital Markets (Nncm '96): Pasadena, California, USA 20-22 November 199 (Progress in Neural Processing, 7)

Author: International Conference on Neural Networks in the Capital Markets 199, Yaser Abu-Mostafa, A.-Paul N. Refenes, Andreas S. Weigend
List Price: $52.00
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ISBN: 9810231245
Publisher: World Scientific Pub Co (December, 1997)
Sales Rank: 714,955
Average Customer Rating: 4.5 out of 5

Customer Reviews

Rating: 5 out of 5
The future in the present
This is the best way to invest in markets in the present! Using the neural technology to teach your PC investing by you. You only need to be a good teacher. This book will help you for sure...


Rating: 4 out of 5
Advanced info for those wishing to model the Stock Market
This book contains 33 articles some of which discuss using Neural Network models to predict the direction of the Stock Market on a short term basis (see table of contents on hardcover version). For those of you who are targeting long term results exclusively, you may want to look elsewhere. What I liked about the book, is that the articles are very specific, and they follow the format of A. Here is my idea for a model, B. This is how I tested it, and C. Here are my results, with plots. Some of the book is easy reading while other articles are more difficult and require some knowledge of calculus and probability. Most of the articles assume some knowedge of statistics. The writers and editors are well known in their field. Some are professors from business schools, others are from investment comapanies, and some are have an engineering or physics background. No lightweights from what I can tell.

If you are serious about modeling the market using your computer (and making money on your investments) then this book may help you do that. It is a serious book for academically oriented individuals. It has none of the fluff usually contained in consumer targeted books (aka - get rich tomorrow with my new stock picking plan...). One thing I didn't like about it is the smaller print on some of the articles, but this was not a big factor in my decision to buy it. When I saw this book it only took me a few minutes to decide that I was not leaving the store without it.



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