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Python for Finance Cookbook

You're reading from   Python for Finance Cookbook Over 50 recipes for applying modern Python libraries to financial data analysis

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Product type Paperback
Published in Jan 2020
Publisher Packt
ISBN-13 9781789618518
Length 432 pages
Edition 1st Edition
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Author (1):
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Eryk Lewinson Eryk Lewinson
Author Profile Icon Eryk Lewinson
Eryk Lewinson
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Table of Contents (12) Chapters Close

Preface 1. Financial Data and Preprocessing 2. Technical Analysis in Python FREE CHAPTER 3. Time Series Modeling 4. Multi-Factor Models 5. Modeling Volatility with GARCH Class Models 6. Monte Carlo Simulations in Finance 7. Asset Allocation in Python 8. Identifying Credit Default with Machine Learning 9. Advanced Machine Learning Models in Finance 10. Deep Learning in Finance 11. Other Books You May Enjoy

Recurrent neural networks for time series forecasting

Recurrent Neural Networks (RNNs) are a special type of neural network designed to work with sequential data. They are popular for time series forecasting as well as for solving NLP problems such as machine translation, text generation, and speech recognition. There are numerous extensions of the RNNs, such as Long-Short Term Memory (LSTM) networks and Gated Recurrent Unit (GRU) networks, which are currently part of some of the state-of-the-art architectures. However, it is good to be familiar with the original vanilla RNN. The following diagram presents the typical RNN schema:

One of the main differences between the feedforward networks and RNNs is that the former take a fixed size input at once to produce a fixed size output. On the other hand, RNNs do not take all the input data at once – they ingest the data sequentially...

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