Option Pricing with Convolutional Kolmogorov-Arnold Networks

Fuente: arXiv
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Main Authors: Li, Zeyuan, Huang, Qingdao
Format: Preprint
Published: 2024
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author Li, Zeyuan
Huang, Qingdao
author_facet Li, Zeyuan
Huang, Qingdao
contents With the rapid advancement of neural networks, methods for option pricing have evolved significantly. This study employs the Black-Scholes-Merton (B-S-M) model, incorporating an additional variable to improve the accuracy of predictions compared to the traditional Black-Scholes (B-S) model. Furthermore, Convolutional Kolmogorov-Arnold Networks (Conv-KANs) and Kolmogorov-Arnold Networks (KANs) are introduced to demonstrate that networks with enhanced non-linear capabilities yield superior fitting performance. For comparative analysis, Conv-LSTM and LSTM models, which are widely used in time series forecasting, are also applied. Additionally, a novel data selection strategy is proposed to simulate a real trading environment, thereby enhancing the robustness of the model.
format Preprint
id arxiv_https___arxiv_org_abs_2412_01224
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Option Pricing with Convolutional Kolmogorov-Arnold Networks
Li, Zeyuan
Huang, Qingdao
Computational Engineering, Finance, and Science
With the rapid advancement of neural networks, methods for option pricing have evolved significantly. This study employs the Black-Scholes-Merton (B-S-M) model, incorporating an additional variable to improve the accuracy of predictions compared to the traditional Black-Scholes (B-S) model. Furthermore, Convolutional Kolmogorov-Arnold Networks (Conv-KANs) and Kolmogorov-Arnold Networks (KANs) are introduced to demonstrate that networks with enhanced non-linear capabilities yield superior fitting performance. For comparative analysis, Conv-LSTM and LSTM models, which are widely used in time series forecasting, are also applied. Additionally, a novel data selection strategy is proposed to simulate a real trading environment, thereby enhancing the robustness of the model.
title Option Pricing with Convolutional Kolmogorov-Arnold Networks
topic Computational Engineering, Finance, and Science
url https://arxiv.org/abs/2412.01224