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

Theoretical Interpretations and Applications of Radial Basis Function Networks

Medical applications usually used Radial Basis Function Networks just as Artificial Neural Networks. However, RBFNs are Knowledge-Based Networks that can be interpreted in several way: Artificial Neural Networks, Regularization Networks, Support Vector Machines, Wavelet Networks, Fuzzy Controllers, Kernel Estimators, Instanced-Based Learners. A survey of their interpretations and of their corresponding learning algorithms is provided as well as a brief survey on dynamic learning algorithms. RBFNs' interpretations can suggest applications that are particularly interesting in medical domains

Combining case based reasoning with neural networks

This paper presents a neural network based technique for mapping problem situations to problem solutions for Case-Based Reasoning (CBR) applications. Both neural networks and CBR are instance-based learning techniques, although neural nets work with numerical data and CBR systems work with symbolic data. This paper discusses how the application scope of both paradigms could be enhanced by the use of hybrid concepts. To make the use of neural networks possible, the problem's situation and solution features are transformed into continuous features, using techniques similar to CBR's definition of similarity metrics. Radial Basis Function (RBF) neural nets are used to create a multivariable, continuous input-output mapping. As the mapping is continuous, this technique also provides generalisation between cases, replacing the domain specific solution adaptation techniques required by conventional CBR. This continuous representation also allows, as in fuzzy logic, an associated membership measure to be output with each symbolic feature, aiding the prioritisation of various possible solutions. A further advantage is that, as the RBF neurons are only active in a limited area of the input space, the solution can be accompanied by local estimates of accuracy, based on the sufficiency of the cases present in that area as well as the results measured during testing. We describe how the application of this technique could be of benefit to the real world problem of sales advisory systems, among others

Artificial Neural Network in Cosmic Landscape

In this paper we propose that artificial neural network, the basis of machine learning, is useful to generate the inflationary landscape from a cosmological point of view. Traditional numerical simulations of a global cosmic landscape typically need an exponential complexity when the number of fields is large. However, a basic application of artificial neural network could solve the problem based on the universal approximation theorem of the multilayer perceptron. A toy model in inflation with multiple light fields is investigated numerically as an example of such an application.Comment: v2, add some new content

Learning Sensor Feedback Models from Demonstrations via Phase-Modulated Neural Networks

In order to robustly execute a task under environmental uncertainty, a robot needs to be able to reactively adapt to changes arising in its environment. The environment changes are usually reflected in deviation from expected sensory traces. These deviations in sensory traces can be used to drive the motion adaptation, and for this purpose, a feedback model is required. The feedback model maps the deviations in sensory traces to the motion plan adaptation. In this paper, we develop a general data-driven framework for learning a feedback model from demonstrations. We utilize a variant of a radial basis function network structure --with movement phases as kernel centers-- which can generally be applied to represent any feedback models for movement primitives. To demonstrate the effectiveness of our framework, we test it on the task of scraping on a tilt board. In this task, we are learning a reactive policy in the form of orientation adaptation, based on deviations of tactile sensor traces. As a proof of concept of our method, we provide evaluations on an anthropomorphic robot. A video demonstrating our approach and its results can be seen in https://youtu.be/7Dx5imy1KcwComment: 8 pages, accepted to be published at the International Conference on Robotics and Automation (ICRA) 201

Symmetric RBF classifier for nonlinear detection in multiple-antenna aided systems

In this paper, we propose a powerful symmetric radial basis function (RBF) classifier for nonlinear detection in the so-called “overloaded” multiple-antenna-aided communication systems. By exploiting the inherent symmetry property of the optimal Bayesian detector, the proposed symmetric RBF classifier is capable of approaching the optimal classification performance using noisy training data. The classifier construction process is robust to the choice of the RBF width and is computationally efficient. The proposed solution is capable of providing a signal-to-noise ratio (SNR) gain in excess of 8 dB against the powerful linear minimum bit error rate (BER) benchmark, when supporting four users with the aid of two receive antennas or seven users with four receive antenna elements. Index Terms—Classification, multiple-antenna system, orthogonal forward selection, radial basis function (RBF), symmetry