C++ Neural Networks and Fuzzy Logic: Preface

C++ Neural Networks and Fuzzy Logic

by Valluru B. Rao

MTBooks, IDG Books Worldwide, Inc.

ISBN: 1558515526   Pub Date: 06/01/95

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Chapter 14

Application to Financial Forecasting

Introduction

In Chapters 7 and 13, the backpropagation simulator was developed. In this chapter, you will use the simulator

to tackle a complex problem in financial forecasting. The application of neural networks to financial

forecasting and modeling has been very popular over the last few years. Financial journals and magazines

frequently mention the use of neural networks, and commercial tools and simulators are quite widespread.

This chapter gives you an overview of typical steps used in creating financial forecasting models. Many of the

steps will be simplified, and so the results will not, unfortunately, be good enough for real life application.

However, this chapter will hopefully serve as an introduction to the field with some added pointers for further

reading and resources for those who want more detailed information.