Predicting the daily return direction of the stock market using hybrid machine learning algorithms

Big data analytic techniques associated with machine learning algorithms are playing an increasingly important role in various application fields,including stock market investment.However,few studies have focused on forecasting daily stock market returns,especially when using powerful machine learning techniques,such as deep neural networks(DNNs),to perform the analyses.DNNs employ various deep learning algorithms based on the combination of network structure,activation function,and model parameters,with their performance depending on the format of the data representation.This paper presents a comprehensive big data analytics process to predict the daily return direction of the SPDR S&P 500 ETF(ticker symbol:SPY)based on 60 financial and economic features.DNNs and traditional artificial neural networks(ANNs)are then deployed over the entire preprocessed but untransformed dataset,along with two datasets transformed via principal component analysis(PCA),to predict the daily direction of future stock market index returns.While controlling for overfitting,a pattern for the classification accuracy of the DNNs is detected and demonstrated as the number of the hidden layers increases gradually from 12 to 1000.Moreover,a set of hypothesis testing procedures are implemented on the classification,and the simulation results show that the DNNs using two PCA-represented datasets give significantly higher classification accuracy than those using the entire untransformed dataset,as well as several other hybrid machine learning algorithms.In addition,the trading strategies guided by the DNN classification process based on PCA-represented data perform slightly better than the others tested,including in a comparison against two standard benchmarks.

HMM-Based Photo-Realistic Talking Face Synthesis Using Facial Expression Parameter Mapping with Deep Neural Networks

This paper proposes a technique for synthesizing a pixel-based photo-realistic talking face animation using two-step synthesis with HMMs and DNNs. We introduce facial expression parameters as an intermediate representation that has a good correspondence with both of the input contexts and the output pixel data of face images. The sequences of the facial expression parameters are modeled using context-dependent HMMs with static and dynamic features. The mapping from the expression parameters to the target pixel images are trained using DNNs. We examine the required amount of the training data for HMMs and DNNs and compare the performance of the proposed technique with the conventional PCA-based technique through objective and subjective evaluation experiments.

Efficient Visual Recognition:A Survey on Recent Advances and Brain-inspired Methodologies

Visual recognition is currently one of the most important and active research areas in computer vision,pattern recognition,and even the general field of artificial intelligence.It has great fundamental importance and strong industrial needs,particularly the modern deep neural networks(DNNs)and some brain-inspired methodologies,have largely boosted the recognition performance on many concrete tasks,with the help of large amounts of training data and new powerful computation resources.Although recognition accuracy is usually the first concern for new progresses,efficiency is actually rather important and sometimes critical for both academic research and industrial applications.Moreover,insightful views on the opportunities and challenges of efficiency are also highly required for the entire community.While general surveys on the efficiency issue have been done from various perspectives,as far as we are aware,scarcely any of them focused on visual recognition systematically,and thus it is unclear which progresses are applicable to it and what else should be concerned.In this survey,we present the review of recent advances with our suggestions on the new possible directions towards improving the efficiency of DNN-related and brain-inspired visual recognition approaches,including efficient network compression and dynamic brain-inspired networks.We investigate not only from the model but also from the data point of view(which is not the case in existing surveys)and focus on four typical data types(images,video,points,and events).This survey attempts to provide a systematic summary via a comprehensive survey that can serve as a valuable reference and inspire both researchers and practitioners working on visual recognition problems.