Sign In Start Free Trial
Account

Add to playlist

Create a Playlist

Modal Close icon
You need to login to use this feature.
  • Hands-On Machine Learning for Algorithmic Trading
  • Toc
  • feedback
Hands-On Machine Learning for Algorithmic Trading

Hands-On Machine Learning for Algorithmic Trading

By : Yau, Stefan Jansen
4.1 (20)
close
Hands-On Machine Learning for Algorithmic Trading

Hands-On Machine Learning for Algorithmic Trading

4.1 (20)
By: Yau, Stefan Jansen

Overview of this book

The explosive growth of digital data has boosted the demand for expertise in trading strategies that use machine learning (ML). This book enables you to use a broad range of supervised and unsupervised algorithms to extract signals from a wide variety of data sources and create powerful investment strategies. This book shows how to access market, fundamental, and alternative data via API or web scraping and offers a framework to evaluate alternative data. You’ll practice the ML work?ow from model design, loss metric definition, and parameter tuning to performance evaluation in a time series context. You will understand ML algorithms such as Bayesian and ensemble methods and manifold learning, and will know how to train and tune these models using pandas, statsmodels, sklearn, PyMC3, xgboost, lightgbm, and catboost. This book also teaches you how to extract features from text data using spaCy, classify news and assign sentiment scores, and to use gensim to model topics and learn word embeddings from financial reports. You will also build and evaluate neural networks, including RNNs and CNNs, using Keras and PyTorch to exploit unstructured data for sophisticated strategies. Finally, you will apply transfer learning to satellite images to predict economic activity and use reinforcement learning to build agents that learn to trade in the OpenAI Gym.
Table of Contents (23 chapters)
close

Deep learning and AI

The machine learning (ML) algorithms covered in part two work well on a wide variety of important problems, including- on text data, as demonstrated in part three. We have also seen how they can provide critical input to a trading strategy. They have been less successful, however, in solving central problems in AI such as recognizing speech or classifying objects in images. The limitations of traditional algorithms to generalize well on such tasks have contributed to the motivation for developing DL, and the numerous breakthroughs by DL have greatly contributed to a resurgence of interest in AI.

In this section, we outline how DL overcomes many of the limitations of other ML algorithms on AI tasks to clarify the assumptions DL makes about data and its relationship with the outcome. These limitations particularly constrain performance on high-dimensional and...

bookmark search playlist download font-size

Change the font size

margin-width

Change margin width

day-mode

Change background colour

Close icon Search
Country selected

Close icon Your notes and bookmarks

Delete Bookmark

Modal Close icon
Are you sure you want to delete it?
Cancel
Yes, Delete