Neural Networks
Source: https://bm.hkust.edu.hk/bizinsight/tag/neural-networks Parent: https://bm.hkust.edu.hk/bizinsight/biztalks
Using AI to Predict Stock Returns
Cross-section of Stock Returns
This paper delves into the application of machine learning to forecast international stock returns based on firm characteristics. We reveal that market-specific training significantly enhances the performance of neural networks (NNs), as NNs trained on individual markets outperform those using a global model based on U.S. data. Our analysis shows that NNs ... Read More
[ BizTalks ]
LU, Yang
ZHANG, Jinggong
ZHU, Wenjun
An Innovative Approach to Managing Weather Risk
Weather risk, amplified by climate change, is posing an increasingly severe threat to agricultural production. Index insurance is a promising tool to hedge against weather risk, but traditional contracts face key limitations. Tapping into recent advances in machine learning, HKUST’s Zhanhui Chen and colleagues introduce a novel method of managing weather ... Read More
[ BizBites ]
LU, Yang
ZHANG, Jinggong
ZHU, Wenjun
An Innovative Approach to Managing Weather Risk
Weather risk, amplified by climate change, is posing an increasingly severe threat to agricultural production. Index insurance is a promising tool to hedge against weather risk, but traditional contracts face key limitations. Tapping into recent advances in machine learning, HKUST’s Zhanhui Chen and colleagues introduce a novel method of managing weather ... Read More
[ BizStudies ]
Managing Weather Risk with a Neural Network-Based Index Insurance
Climate change and weather risk affect economy and livelihood over large scales, especially for agricultural production which depends on weather conditions. For example, United States Department of Agriculture estimates that 70-90\% of agricultural production loss can be attributed to adverse weather. In practice, weather index insurance can be employed to ... Read More
[ BizTalks ]