About this item
Highlights
- Use ChatGPT to improve your analysis of stock markets and securities In The Predictive Edge: Outsmart the Market Using Generative AI and ChatGPT in Financial Forecasting, renowned AI and finance researcher Dr. Alejandro Lopez-Lira delivers an engaging and insightful new take on how to use large language models (LLMs) like ChatGPT to find new investment opportunities and make better trading decisions.
- About the Author: ALEJANDRO LOPEZ-LIRA, PHD, is an Assistant Professor of Finance at the University of Florida.
- 272 Pages
- Business + Money Management, Forecasting
Description
About the Book
"In The Predictive Edge: Outsmart the Market Using Generative AI and ChatGPT in Financial Forecasting, renowned AI and finance researcher Dr. Alejandro Lopez-Lira delivers an engaging and insightful new take on how to use large language models (LLMs) like ChatGPT to find new investment opportunities and make better trading decisions. In the book, you'll learn how to interpret the outputs of LLMs to craft sounder trading strategies and incorporate market sentiment into your analyses of individual securities. In addition to a complete and accessible explanation of how ChatGPT and other LLMs work."--Book Synopsis
Use ChatGPT to improve your analysis of stock markets and securities
In The Predictive Edge: Outsmart the Market Using Generative AI and ChatGPT in Financial Forecasting, renowned AI and finance researcher Dr. Alejandro Lopez-Lira delivers an engaging and insightful new take on how to use large language models (LLMs) like ChatGPT to find new investment opportunities and make better trading decisions. In the book, you'll learn how to interpret the outputs of LLMs to craft sounder trading strategies and incorporate market sentiment into your analyses of individual securities.
In addition to a complete and accessible explanation of how ChatGPT and other LLMs work, you'll find:
- Discussions of future trends in artificial intelligence and finance
- Strategies for implementing new and soon-to-come AI tools into your investing strategies and processes
- Techniques for analyzing market sentiment using ChatGPT and other AI tools
A can't-miss playbook for taking advantage of the full potential of the latest AI advancements, The Predictive Edge is a fully to-date and exciting exploration of the intersection of tech and finance. It will earn a place on the bookshelves of individual and professional investors everywhere.
From the Back Cover
Use ChatGPT to make better and faster predictions about the stock market
The Predictive Edge: Outsmart the Market Using Generative AI and ChatGPT in Financial Forecasting is an insightful and up-to-date take on how to use the latest advances in artificial intelligence--in particular, large language models (LLMs) like ChatGPT--to make better predictions and forecasts about the stock market.
You'll get a complete and easy-to-follow explanation of how LLMs work, and how you can use them to analyze market sentiment and correlate that sentiment with the movement of stock prices. You'll also find an approachable blend of theoretical background and practical trading strategies, complete with valuable examples that bridge the gap between the complex world of AI and the practical realities of business and investment.
An essential and engaging read for both retail and professional investors, The Predictive Edge will earn a place in the libraries of business and finance professionals, as well as anyone interested in the fascinating combination of tech and finance. This book puts the power and potential of the newest AI tech at your fingertips.
About the Author
ALEJANDRO LOPEZ-LIRA, PHD, is an Assistant Professor of Finance at the University of Florida. His award-winning research is focused on machine learning and textual analysis and he has a lengthy background in finance from renowned institutions. He was the recipient of the 2023 BlackRock Best Paper Prize for the research underpinning this book.