Applying fundamental analysis and neural networks in the Australian Stockmarket

Bruce J Vanstone; Gavin Finnie; Clarence Tan

Applying fundamental analysis and neural networks in the Australian Stockmarket

Bruce J Vanstone
, Gavin Finnie
, Clarence Tan

Bond Business School

Research output: Contribution to conference › Paper › Research › peer-review

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Abstract

This paper demonstrates how neural networks may be successfully applied to the problem of security selection in the Australian Stockmarket. In practice, it is unrealistic for a trader to apply capital to all securities available in the market, and a selection technique must be employed to reduce the number of securities competing for capital. Selection techniques are generally based on either fundamental analysis procedures, or technical analysis procedures. This paper focuses on fundamental procedures, and implements a neural network which enhances the effectiveness of these procedures.

Original language	English
Pages	206-211
Number of pages	7
Publication status	Published - 2004
Event	International Conference on Artificial Intelligence in Science and Technology - The University of Tasmania, Hobart, Australia Duration: 21 Nov 2004 → 24 Nov 2004

Conference

Conference	International Conference on Artificial Intelligence in Science and Technology
Abbreviated title	AISAT
Country/Territory	Australia
City	Hobart
Period	21/11/04 → 24/11/04

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Applying fundamental analysis and neural networks in the Australian StockmarketAccepted author manuscript, 303 KBLicence: Free to read

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title = "Applying fundamental analysis and neural networks in the Australian Stockmarket",

abstract = "This paper demonstrates how neural networks may be successfully applied to the problem of security selection in the Australian Stockmarket. In practice, it is unrealistic for a trader to apply capital to all securities available in the market, and a selection technique must be employed to reduce the number of securities competing for capital. Selection techniques are generally based on either fundamental analysis procedures, or technical analysis procedures. This paper focuses on fundamental procedures, and implements a neural network which enhances the effectiveness of these procedures. ",

author = "Vanstone, \{Bruce J\} and Gavin Finnie and Clarence Tan",

note = "From: Michael Negnevitsky [[email protected]] Sent: Wednesday, 11 April 2007 11:22 AM To: Bruce Ibsen Subject: Re: Permission to archive conference paper Dear Bruce, I am glad to grant you our permission to deposit an electronic version of a conference paper {\^a}€{\oe}Applying Fundamental Analysis and Neural Networks in the Australian Stockmarket{\^a}€ AISAT 2004 {\^a}€“ International Conference on Artificial Intelligence in Science and Technology, University of Tasmania, 2004.{\^a}€ into Bond University{\^a}€{\texttrademark}s Institutional Repository e-publications@bond for educational and research purposes. Regards, Michael Negnevitsky Chair, AISAT 2004; International Conference on Artificial Intelligence in Science and Technology, AISAT ; Conference date: 21-11-2004 Through 24-11-2004",

year = "2004",

language = "English",

pages = "206--211",

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T1 - Applying fundamental analysis and neural networks in the Australian Stockmarket

AU - Vanstone, Bruce J

AU - Finnie, Gavin

AU - Tan, Clarence

N1 - From: Michael Negnevitsky [[email protected]] Sent: Wednesday, 11 April 2007 11:22 AM To: Bruce Ibsen Subject: Re: Permission to archive conference paper Dear Bruce, I am glad to grant you our permission to deposit an electronic version of a conference paper â€œApplying Fundamental Analysis and Neural Networks in the Australian Stockmarketâ€ AISAT 2004 â€“ International Conference on Artificial Intelligence in Science and Technology, University of Tasmania, 2004.â€ into Bond Universityâ€™s Institutional Repository e-publications@bond for educational and research purposes. Regards, Michael Negnevitsky Chair, AISAT 2004

PY - 2004

Y1 - 2004

N2 - This paper demonstrates how neural networks may be successfully applied to the problem of security selection in the Australian Stockmarket. In practice, it is unrealistic for a trader to apply capital to all securities available in the market, and a selection technique must be employed to reduce the number of securities competing for capital. Selection techniques are generally based on either fundamental analysis procedures, or technical analysis procedures. This paper focuses on fundamental procedures, and implements a neural network which enhances the effectiveness of these procedures.

AB - This paper demonstrates how neural networks may be successfully applied to the problem of security selection in the Australian Stockmarket. In practice, it is unrealistic for a trader to apply capital to all securities available in the market, and a selection technique must be employed to reduce the number of securities competing for capital. Selection techniques are generally based on either fundamental analysis procedures, or technical analysis procedures. This paper focuses on fundamental procedures, and implements a neural network which enhances the effectiveness of these procedures.

M3 - Paper

SP - 206

EP - 211

T2 - International Conference on Artificial Intelligence in Science and Technology

Y2 - 21 November 2004 through 24 November 2004

ER -

Applying fundamental analysis and neural networks in the Australian Stockmarket

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Conference

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