Artificial intelligence in financial forecasting: Evidence from literature.

Uloženo v:
Podrobná bibliografie
Název: Artificial intelligence in financial forecasting: Evidence from literature.
Autoři: Sharma, Swati
Zdroj: AIP Conference Proceedings; 2023, Vol. 2909 Issue 1, p1-12, 12p
Témata: BUSINESS forecasting, ARTIFICIAL intelligence, FINANCIAL crises, ECONOMIC indicators, ECONOMIC models
Abstrakt: Financial forecasting is a major topic for research studies and number of forecasting methods are explored in these studies. The present study attempts to identify the role and significance of using artificial intelligence tools in financial forecasting by exploring existing literature on this theme. Literature on financial forecasting includes studies on forecasting of price, return, financial crisis, exchange rates, credit score, net assets value, financial performance indicators etc. Year-wise, Author-wise, Citation-wise, Affiliation-wise, Keywords-wise, Country-wise and Source-wise listing of literature are the parameter to conduct present study. Bibliometric method on Scopus database is employed. This study provides insights on trends and future scope of Artificial Intelligence in Financial Forecasting. Neural Network, Decision Tree and Genetic Algorithm are the tools of AI used heavily for forecasting and performs better than other such AI tools. Stock trading, investment analysis and financial distress prediction are the decision for which AI tools are found to be used mostly. Hybrid and integrated model of AI has also been very much used and their prediction accuracy also found to be high. Generally, forecasting based on artificial intelligence tools found to be more efficient than other economic models. [ABSTRACT FROM AUTHOR]
Copyright of AIP Conference Proceedings is the property of American Institute of Physics and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Databáze: Complementary Index
Popis
Abstrakt:Financial forecasting is a major topic for research studies and number of forecasting methods are explored in these studies. The present study attempts to identify the role and significance of using artificial intelligence tools in financial forecasting by exploring existing literature on this theme. Literature on financial forecasting includes studies on forecasting of price, return, financial crisis, exchange rates, credit score, net assets value, financial performance indicators etc. Year-wise, Author-wise, Citation-wise, Affiliation-wise, Keywords-wise, Country-wise and Source-wise listing of literature are the parameter to conduct present study. Bibliometric method on Scopus database is employed. This study provides insights on trends and future scope of Artificial Intelligence in Financial Forecasting. Neural Network, Decision Tree and Genetic Algorithm are the tools of AI used heavily for forecasting and performs better than other such AI tools. Stock trading, investment analysis and financial distress prediction are the decision for which AI tools are found to be used mostly. Hybrid and integrated model of AI has also been very much used and their prediction accuracy also found to be high. Generally, forecasting based on artificial intelligence tools found to be more efficient than other economic models. [ABSTRACT FROM AUTHOR]
ISSN:0094243X
DOI:10.1063/5.0182379