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Auteurs principaux: Apte, Mohit, Haribhakta, Yashodhara
Format: Preprint
Publié: 2024
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Accès en ligne:https://arxiv.org/abs/2409.00480
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author Apte, Mohit
Haribhakta, Yashodhara
author_facet Apte, Mohit
Haribhakta, Yashodhara
contents In the rapidly evolving field of financial forecasting, the application of neural networks presents a compelling advancement over traditional statistical models. This research paper explores the effectiveness of two specific neural forecasting models, N-HiTS and N-BEATS, in predicting financial market trends. Through a systematic comparison with conventional models, this study demonstrates the superior predictive capabilities of neural approaches, particularly in handling the non-linear dynamics and complex patterns inherent in financial time series data. The results indicate that N-HiTS and N-BEATS not only enhance the accuracy of forecasts but also boost the robustness and adaptability of financial predictions, offering substantial advantages in environments that require real-time decision-making. The paper concludes with insights into the practical implications of neural forecasting in financial markets and recommendations for future research directions.
format Preprint
id arxiv_https___arxiv_org_abs_2409_00480
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Advancing Financial Forecasting: A Comparative Analysis of Neural Forecasting Models N-HiTS and N-BEATS
Apte, Mohit
Haribhakta, Yashodhara
Computational Finance
In the rapidly evolving field of financial forecasting, the application of neural networks presents a compelling advancement over traditional statistical models. This research paper explores the effectiveness of two specific neural forecasting models, N-HiTS and N-BEATS, in predicting financial market trends. Through a systematic comparison with conventional models, this study demonstrates the superior predictive capabilities of neural approaches, particularly in handling the non-linear dynamics and complex patterns inherent in financial time series data. The results indicate that N-HiTS and N-BEATS not only enhance the accuracy of forecasts but also boost the robustness and adaptability of financial predictions, offering substantial advantages in environments that require real-time decision-making. The paper concludes with insights into the practical implications of neural forecasting in financial markets and recommendations for future research directions.
title Advancing Financial Forecasting: A Comparative Analysis of Neural Forecasting Models N-HiTS and N-BEATS
topic Computational Finance
url https://arxiv.org/abs/2409.00480