Book description
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.
Table of contents
- Cover
- Table of Contents
- Title Page
- Copyright
- Dedication
- Preface
- Introduction
- PART I: Fundamentals
-
PART II: ChatGPT and Stock Prediction
- CHAPTER 5: What Is ChatGPT?
- CHAPTER 6: Can ChatGPT Forecast Stock Price Movements?
-
CHAPTER 7: Implementing a ChatGPT Trading Strategy: A Step‐by‐Step Guide
- Recap of ChatGPT and News Sentiment
- Basics of the Trading Strategy: Market‐Neutral Approach and Its Benefits
- Establishing an AI‐Informed Trading Strategy
- Developing the Strategy
- Backtesting the Strategy
- Implementing the Strategy
- Monitoring and Adjusting
- Ethical Considerations and Compliance
- Summary
- Coming Up Next
- Check Your Understanding Questions
- CHAPTER 8: ChatGPT in Action: Practical Applications
- PART III: Envisioning a Financial Future with AI
- APPENDIX: Check Your Understanding Answers
- References
- Acknowledgments
- About the Author
- Index
- End User License Agreement
Product information
- Title: The Predictive Edge
- Author(s):
- Release date: July 2024
- Publisher(s): Wiley
- ISBN: 9781394242719
You might also like
book
Sentient Strategy
Alan Weiss equips the reader to consider using this approach independently. These are new times -- …
article
Have ChatGPT Ask You Questions
ChatGPT Shortcuts shows future prompt engineers how to harness the full potential of the state-of-the-art AI …
video
GenAI Essentials for Everyone - Overview
Our team of experts has hand-selected and organized the most crucial concepts and practical applications of …
article
Relational Power Is the New Currency of Hybrid Work
The growing use of text-based messaging platforms such as Slack and Huddle means that many manager-employee …