4,726 research outputs found

    Identifying Real Estate Opportunities using Machine Learning

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    The real estate market is exposed to many fluctuations in prices because of existing correlations with many variables, some of which cannot be controlled or might even be unknown. Housing prices can increase rapidly (or in some cases, also drop very fast), yet the numerous listings available online where houses are sold or rented are not likely to be updated that often. In some cases, individuals interested in selling a house (or apartment) might include it in some online listing, and forget about updating the price. In other cases, some individuals might be interested in deliberately setting a price below the market price in order to sell the home faster, for various reasons. In this paper, we aim at developing a machine learning application that identifies opportunities in the real estate market in real time, i.e., houses that are listed with a price substantially below the market price. This program can be useful for investors interested in the housing market. We have focused in a use case considering real estate assets located in the Salamanca district in Madrid (Spain) and listed in the most relevant Spanish online site for home sales and rentals. The application is formally implemented as a regression problem that tries to estimate the market price of a house given features retrieved from public online listings. For building this application, we have performed a feature engineering stage in order to discover relevant features that allows for attaining a high predictive performance. Several machine learning algorithms have been tested, including regression trees, k-nearest neighbors, support vector machines and neural networks, identifying advantages and handicaps of each of them.Comment: 24 pages, 13 figures, 5 table

    Automated Valuation Models (AVMs): Machine Learning, namely Mass (Advanced) Valuation Methods and Algorithms

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    Digitalisation is becoming increasingly common within the valuation sector. Thus, it is vital to understand how traditional valuation methods are being replaced by machine learning technology, namely mass (advanced) valuation methods. According to Soni and Sadiq (2015: 100), real estate markets are popular with investors, who are keen to identify a fast way to play the market or to hedge against existing volatile portfolios. Therefore, an accurate prediction of house price is essential to prospective home owners, developers, investors, valuers, tax assessors, mortgage lenders and insurers. Demirci, O (2021) stated that the fluctuation and the relationship between value, worth, and risk remain unchanged in the current market. This means that the increased use of Automated Valuation Models (AVMs) requires a discussion of the machine learning technology, namely mass (advanced) valuation methods, which are the fundamental basis of the algorithms used within the valuation sector. As defined by Erdem (2017), valuation can be categorised into traditional, statistical and modern methods. This Research Paper will investigate both the statistical and modern methods of valuation and their application to the real estate valuation. In particular, it will look at the main limitations of the traditional valuation methods in respect to their accuracy, consistency and speed (Jahanshiri, 2011; Wang & Wolverton, 2012; Adetiloye & Eke, 2014). Moreover, these methods will be compared against mass (advanced) valuation methods, when there is a need to value a group of properties. Indeed, with the increasing volume of transactions and changing marketplace of real estate, mass (advanced) valuation has been widely adopted in many countries for different purposes, including assessment of property tax (Osborn, 2014). https://doi.org/10.13140/RG.2.2.12649.4208

    A survey of the application of soft computing to investment and financial trading

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    Computational intelligence for evolving trading rules

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    Copyright © 2008 IEEEThis paper describes an adaptive computational intelligence system for learning trading rules. The trading rules are represented using a fuzzy logic rule base, and using an artificial evolutionary process the system learns to form rules that can perform well in dynamic market conditions. A comprehensive analysis of the results of applying the system for portfolio construction using portfolio evaluation tools widely accepted by both the financial industry and academia is provided.Adam Ghandar, Zbigniew Michalewicz, Martin Schmidt, Thuy-Duong Tô, and Ralf Zurbrug

    Predicting Infectious Disease Outbreaks with Machine Learning and Epidemiological Data

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    Over the past several years, there has been a notable shift in the international public health arena, mostly driven by the use of machine learning methodologies and epidemiological data for the purpose of forecasting and controlling outbreaks of infectious diseases. This study explores the changing paradigm of disease outbreak prediction by examining current advancements and emerging patterns in the field of machine learning and epidemiology. In this paper, we explore the complex procedure of forecasting infectious disease outbreaks, a task of significant significance for global public health authorities. This paper examines the crucial role of machine learning algorithms in this undertaking, elucidating their capacity to analyze extensive and heterogeneous datasets in order to produce significant insights and predictions Our inquiry spans multiple facets of this complex topic. This study examines the transformative impact of machine learning models, namely deep learning and ensemble approaches, on the field. The individuals in question have exhibited remarkable proficiency in recognizing patterns, establishing correlations, and formulating predictions by utilizing past data. Consequently, this has greatly contributed to the prompt identification and readiness for potential outbreaks. Moreover, our study involves the incorporation of epidemiological data, including case reports, genetic sequencing, and population dynamics, into the machine learning architecture. This study investigates the enhanced predictive accuracy and improved comprehension of disease dynamics resulting from the integration of data-driven models and expert knowledge from the field of epidemiology. The integration of different approaches is of utmost importance when it comes to effectively tackling the distinct characteristics and problems presented by diverse infectious illnesses. Additionally, the research emphasizes the significance of incorporating a wide range of data sources, including not only data related to human health, but also environmental factors, socio-economic metrics, and patterns of human mobility. Non-conventional data sources provide essential contextual information for comprehending the dynamics of disease transmission, hence enhancing the robustness and comprehensiveness of forecasts

    Study on stock trading and portfolio optimization using genetic network programming

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    制度:新 ; 報告番号:甲3002号 ; 学位の種類:博士(工学) ; 授与年月日: 2010/3/15 ; 早大学位記番号:新525
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