Modeling Financial Time Series with Artificial Neural Networks

Financial time series convey the decisions and actions of a population of human actors over time. Econometric and regressive models have been developed in the past decades for analyzing these time series. More recently, biologically inspired artificial neural network models have been shown to overcome some of the main challenges of traditional techniques by better exploiting the non-linear, non-stationary, and oscillatory nature of noisy, chaotic human interactions. This review paper explores the options, benefits, and weaknesses of the various forms of artificial neural networks as compared with regression techniques in the field of financial time series analysis.CELEST, a National Science Foundation Science of Learning Center (SBE-0354378); SyNAPSE program of the Defense Advanced Research Project Agency (HR001109-03-0001

Neuromorphic Hardware In The Loop: Training a Deep Spiking Network on the BrainScaleS Wafer-Scale System

Emulating spiking neural networks on analog neuromorphic hardware offers several advantages over simulating them on conventional computers, particularly in terms of speed and energy consumption. However, this usually comes at the cost of reduced control over the dynamics of the emulated networks. In this paper, we demonstrate how iterative training of a hardware-emulated network can compensate for anomalies induced by the analog substrate. We first convert a deep neural network trained in software to a spiking network on the BrainScaleS wafer-scale neuromorphic system, thereby enabling an acceleration factor of 10 000 compared to the biological time domain. This mapping is followed by the in-the-loop training, where in each training step, the network activity is first recorded in hardware and then used to compute the parameter updates in software via backpropagation. An essential finding is that the parameter updates do not have to be precise, but only need to approximately follow the correct gradient, which simplifies the computation of updates. Using this approach, after only several tens of iterations, the spiking network shows an accuracy close to the ideal software-emulated prototype. The presented techniques show that deep spiking networks emulated on analog neuromorphic devices can attain good computational performance despite the inherent variations of the analog substrate.Comment: 8 pages, 10 figures, submitted to IJCNN 201

Chemical and biological reactions of solidification of peat using ordinary portland cement (OPC) and coal ashes

Construction over peat area have often posed a challenge to geotechnical engineers. After decades of study on peat stabilisation techniques, there are still no absolute formulation or guideline that have been established to handle this issue. Some researchers have proposed solidification of peat but a few researchers have also discovered that solidified peat seemed to decrease its strength after a certain period of time. Therefore, understanding the chemical and biological reaction behind the peat solidification is vital to understand the limitation of this treatment technique. In this study, all three types of peat; fabric, hemic and sapric were mixed using Mixing 1 and Mixing 2 formulation which consisted of ordinary Portland cement, fly ash and bottom ash at various ratio. The mixtures of peat-binder-filler were subjected to the unconfined compressive strength (UCS) test, bacterial count test and chemical elemental analysis by using XRF, XRD, FTIR and EDS. Two pattern of strength over curing period were observed. Mixing 1 samples showed a steadily increase in strength over curing period until Day 56 while Mixing 2 showed a decrease in strength pattern at Day 28 and Day 56. Samples which increase in strength steadily have less bacterial count and enzymatic activity with increase quantity of crystallites. Samples with lower strength recorded increase in bacterial count and enzymatic activity with less crystallites. Analysis using XRD showed that pargasite (NaCa2[Mg4Al](Si6Al2)O22(OH)2) was formed in the higher strength samples while in the lower strength samples, pargasite was predicted to be converted into monosodium phosphate and Mg(OH)2 as bacterial consortium was re-activated. The Michaelis�Menten coefficient, Km of the bio-chemical reaction in solidified peat was calculated as 303.60. This showed that reaction which happened during solidification work was inefficient. The kinetics for crystallite formation with enzymatic effect is modelled as 135.42 (1/[S] + 0.44605) which means, when pargasite formed is lower, the amount of enzyme secretes is higher

Self-growing neural network architecture using crisp and fuzzy entropy

The paper briefly describes the self-growing neural network algorithm, CID2, which makes decision trees equivalent to hidden layers of a neural network. The algorithm generates a feedforward architecture using crisp and fuzzy entropy measures. The results of a real-life recognition problem of distinguishing defects in a glass ribbon and of a benchmark problem of differentiating two spirals are shown and discussed

Study and Observation of the Variations of Accuracies for Handwritten Digits Recognition with Various Hidden Layers and Epochs using Neural Network Algorithm

In recent days, Artificial Neural Network (ANN) can be applied to a vast majority of fields including business, medicine, engineering, etc. The most popular areas where ANN is employed nowadays are pattern and sequence recognition, novelty detection, character recognition, regression analysis, speech recognition, image compression, stock market prediction, Electronic nose, security, loan applications, data processing, robotics, and control. The benefits associated with its broad applications leads to increasing popularity of ANN in the era of 21st Century. ANN confers many benefits such as organic learning, nonlinear data processing, fault tolerance, and self-repairing compared to other conventional approaches. The primary objective of this paper is to analyze the influence of the hidden layers of a neural network over the overall performance of the network. To demonstrate this influence, we applied neural network with different layers on the MNIST dataset. Also, another goal is to observe the variations of accuracies of ANN for different numbers of hidden layers and epochs and to compare and contrast among them.Comment: To be published in the 4th IEEE International Conference on Electrical Engineering and Information & Communication Technology (iCEEiCT 2018

Feature technology and its applications in computer integrated manufacturing

A Thesis submitted for the degree of Doctor of Philosophy of University of LutonComputer aided design and manufacturing (CAD/CAM) has been a focal research area for the manufacturing industry. Genuine CAD/CAM integration is necessary to make products of higher quality with lower cost and shorter lead times. Although CAD and CAM have been extensively used in industry, effective CAD/CAM integration has not been implemented. The major obstacles of CAD/CAM integration are the representation of design and process knowledge and the adaptive ability of computer aided process planning (CAPP). This research is aimed to develop a feature-based CAD/CAM integration methodology. Artificial intelligent techniques such as neural networks, heuristic algorithms, genetic algorithms and fuzzy logics are used to tackle problems. The activities considered include: 1) Component design based on a number of standard feature classes with validity check. A feature classification for machining application is defined adopting ISO 10303-STEP AP224 from a multi-viewpoint of design and manufacture. 2) Search of interacting features and identification of features relationships. A heuristic algorithm has been proposed in order to resolve interacting features. The algorithm analyses the interacting entity between each feature pair, making the process simpler and more efficient. 3) Recognition of new features formed by interacting features. A novel neural network-based technique for feature recognition has been designed, which solves the problems of ambiguity and overlaps. 4) Production of a feature based model for the component. 5) Generation of a suitable process plan covering selection of machining operations, grouping of machining operations and process sequencing. A hybrid feature-based CAPP has been developed using neural network, genetic algorithm and fuzzy evaluating techniques

Neuro-memristive Circuits for Edge Computing: A review

The volume, veracity, variability, and velocity of data produced from the ever-increasing network of sensors connected to Internet pose challenges for power management, scalability, and sustainability of cloud computing infrastructure. Increasing the data processing capability of edge computing devices at lower power requirements can reduce several overheads for cloud computing solutions. This paper provides the review of neuromorphic CMOS-memristive architectures that can be integrated into edge computing devices. We discuss why the neuromorphic architectures are useful for edge devices and show the advantages, drawbacks and open problems in the field of neuro-memristive circuits for edge computing