A Machine Learning Demonstration by
Monday, May 21 @ 7 pm
Larchmont Public Library
121 Larchmont Avenue, Larchmont, NY
Can we use artificial intelligence and machine learning techniques on information collected by companies such as Google, Facebook, Wikipedia, and Twitter to help predict financial markets?
Based on the research of Tobias Preis, a professor of Behavioural Science & Finance at the Warwick Business School, using a trading strategy based on the changes of how often people Googled the word “debt,” yielded a return of 326% for the Dow Jones Industrial Average (DJIA). This is compared to a 16% return for a buy and hold strategy.