scholarly journals Machine learning for financial forecasting, planning and analysis: recent developments and pitfalls

2021 ◽  
Author(s):  
Helmut Wasserbacher ◽  
Martin Spindler

AbstractThis article is an introduction to machine learning for financial forecasting, planning and analysis (FP&A). Machine learning appears well suited to support FP&A with the highly automated extraction of information from large amounts of data. However, because most traditional machine learning techniques focus on forecasting (prediction), we discuss the particular care that must be taken to avoid the pitfalls of using them for planning and resource allocation (causal inference). While the naive application of machine learning usually fails in this context, the recently developed double machine learning framework can address causal questions of interest. We review the current literature on machine learning in FP&A and illustrate in a simulation study how machine learning can be used for both forecasting and planning. We also investigate how forecasting and planning improve as the number of data points increases.

Author(s):  
Tolga Ensari ◽  
Melike Günay ◽  
Yağız Nalçakan ◽  
Eyyüp Yildiz

Machine learning is one of the most popular research areas, and it is commonly used in wireless communications and networks. Security and fast communication are among of the key requirements for next generation wireless networks. Machine learning techniques are getting more important day-by-day since the types, amount, and structure of data is continuously changing. Recent developments in smart phones and other devices like drones, wearable devices, machines with sensors need reliable communication within internet of things (IoT) systems. For this purpose, artificial intelligence can increase the security and reliability and manage the data that is generated by the wireless systems. In this chapter, the authors investigate several machine learning techniques for wireless communications including deep learning, which represents a branch of artificial neural networks.


Author(s):  
Vidyullatha P ◽  
D. Rajeswara Rao

<p>Curve fitting is one of the procedures in data analysis and is helpful for prediction analysis showing graphically how the data points are related to one another whether it is in linear or non-linear model. Usually, the curve fit will find the concentrates along the curve or it will just use to smooth the data and upgrade the presence of the plot. Curve fitting checks the relationship between independent variables and dependent variables with the objective of characterizing a good fit model. Curve fitting finds mathematical equation that best fits given information. In this paper, 150 unorganized data points of environmental variables are used to develop Linear and non-linear data modelling which are evaluated by utilizing 3 dimensional ‘Sftool’ and ‘Labfit’ machine learning techniques. In Linear model, the best estimations of the coefficients are realized by the estimation of R- square turns in to one and in Non-Linear models with least Chi-square are the criteria. </p>


Algorithms ◽  
2021 ◽  
Vol 14 (9) ◽  
pp. 258
Author(s):  
Tran Dinh Khang ◽  
Manh-Kien Tran ◽  
Michael Fowler

Clustering is an unsupervised machine learning method with many practical applications that has gathered extensive research interest. It is a technique of dividing data elements into clusters such that elements in the same cluster are similar. Clustering belongs to the group of unsupervised machine learning techniques, meaning that there is no information about the labels of the elements. However, when knowledge of data points is known in advance, it will be beneficial to use a semi-supervised algorithm. Within many clustering techniques available, fuzzy C-means clustering (FCM) is a common one. To make the FCM algorithm a semi-supervised method, it was proposed in the literature to use an auxiliary matrix to adjust the membership grade of the elements to force them into certain clusters during the computation. In this study, instead of using the auxiliary matrix, we proposed to use multiple fuzzification coefficients to implement the semi-supervision component. After deriving the proposed semi-supervised fuzzy C-means clustering algorithm with multiple fuzzification coefficients (sSMC-FCM), we demonstrated the convergence of the algorithm and validated the efficiency of the method through a numerical example.


2021 ◽  
Author(s):  
Kalum J. Ost ◽  
David W. Anderson ◽  
David W. Cadotte

With the common adoption of electronic health records and new technologies capable of producing an unprecedented scale of data, a shift must occur in how we practice medicine in order to utilize these resources. We are entering an era in which the capacity of even the most clever human doctor simply is insufficient. As such, realizing “personalized” or “precision” medicine requires new methods that can leverage the massive amounts of data now available. Machine learning techniques provide one important toolkit in this venture, as they are fundamentally designed to deal with (and, in fact, benefit from) massive datasets. The clinical applications for such machine learning systems are still in their infancy, however, and the field of medicine presents a unique set of design considerations. In this chapter, we will walk through how we selected and adjusted the “Progressive Learning framework” to account for these considerations in the case of Degenerative Cervical Myeolopathy. We additionally compare a model designed with these techniques to similar static models run in “perfect world” scenarios (free of the clinical issues address), and we use simulated clinical data acquisition scenarios to demonstrate the advantages of our machine learning approach in providing personalized diagnoses.


2018 ◽  
Vol 3 (24) ◽  
pp. eaau2489 ◽  
Author(s):  
I. M. Van Meerbeek ◽  
C. M. De Sa ◽  
R. F. Shepherd

In a step toward soft robot proprioception, and therefore better control, this paper presents an internally illuminated elastomer foam that has been trained to detect its own deformation through machine learning techniques. Optical fibers transmitted light into the foam and simultaneously received diffuse waves from internal reflection. The diffuse reflected light was interpreted by machine learning techniques to predict whether the foam was twisted clockwise, twisted counterclockwise, bent up, or bent down. Machine learning techniques were also used to predict the magnitude of the deformation type. On new data points, the model predicted the type of deformation with 100% accuracy and the magnitude of the deformation with a mean absolute error of 0.06°. This capability may impart soft robots with more complete proprioception, enabling them to be reliably controlled and responsive to external stimuli.


Author(s):  
Tolga Ensari ◽  
Melike Günay ◽  
Yağız Nalçakan ◽  
Eyyüp Yildiz

Machine learning is one of the most popular research areas, and it is commonly used in wireless communications and networks. Security and fast communication are among of the key requirements for next generation wireless networks. Machine learning techniques are getting more important day-by-day since the types, amount, and structure of data is continuously changing. Recent developments in smart phones and other devices like drones, wearable devices, machines with sensors need reliable communication within internet of things (IoT) systems. For this purpose, artificial intelligence can increase the security and reliability and manage the data that is generated by the wireless systems. In this chapter, the authors investigate several machine learning techniques for wireless communications including deep learning, which represents a branch of artificial neural networks.


2020 ◽  
Vol 634 ◽  
pp. A57 ◽  
Author(s):  
W. Dobbels ◽  
M. Baes ◽  
S. Viaene ◽  
S. Bianchi ◽  
J. I. Davies ◽  
...  

Context. Dust plays an important role in shaping a galaxy’s spectral energy distribution (SED). It absorbs ultraviolet (UV) to near-infrared radiation and re-emits this energy in the far-infrared (FIR). The FIR is essential to understand dust in galaxies. However, deep FIR observations require a space mission, none of which are still active today. Aims. We aim to infer the FIR emission across six Herschel bands, along with dust luminosity, mass, and effective temperature, based on the available UV to mid-infrared (MIR) observations. We also want to estimate the uncertainties of these predictions, compare our method to energy balance SED fitting, and determine possible limitations of the model. Methods. We propose a machine learning framework to predict the FIR fluxes from 14 UV–MIR broadband fluxes. We used a low redshift sample by combining DustPedia and H-ATLAS, and extracted Bayesian flux posteriors through SED fitting. We trained shallow neural networks to predict the far-infrared fluxes, uncertainties, and dust properties. We evaluated them on a test set using a root mean square error (RMSE) in log-space. Results. Our results (RMSE = 0.19 dex) significantly outperform UV–MIR energy balance SED fitting (RMSE = 0.38 dex), and are inherently unbiased. We can identify when the predictions are off, for example when the input has large uncertainties on WISE 22 μm, or when the input does not resemble the training set. Conclusions. The galaxies for which we have UV–FIR observations can be used as a blueprint for galaxies that lack FIR data. This results in a “virtual FIR telescope”, which can be applied to large optical-MIR galaxy samples. This helps bridge the gap until the next FIR mission.


2021 ◽  
Vol 28 (2) ◽  
pp. 125-146

With the recent developments of technology and the advances in artificial intelligent and machine learning techniques, it becomes possible for the robot to acquire and show the emotions as a part of Human-Robot Interaction (HRI). An emotional robot can recognize the emotional states of humans so that it will be able to interact more naturally with its human counterpart in different environments. In this article, a survey on emotion recognition for HRI systems has been presented. The survey aims to achieve two objectives. Firstly, it aims to discuss the main challenges that face researchers when building emotional HRI systems. Secondly, it seeks to identify sensing channels that can be used to detect emotions and provides a literature review about recent researches published within each channel, along with the used methodologies and achieved results. Finally, some of the existing emotion recognition issues and recommendations for future works have been outlined.


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