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The Predictive Edge
Outsmart the Market using Generative AI and ChatGPT in Financial Forecasting
Alejandro Lopez-Lira (Author)
9781394242719, Wiley
Hardback, published 1 July 2024
272 pages
23.1 x 15.8 x 3 cm, 0.476 kg
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: 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.
Preface ix Introduction xi Part I Fundamentals 1 Chapter 1 Understanding the Stock Market 3 Chapter 2 Understanding Artificial Intelligence 27 Chapter 3 Large Language Models: A Game Changer 51 Chapter 4 Advanced Topics in LLMs 71 Part II ChatGPT and Stock Prediction 87 Chapter 5 What Is ChatGPT? 89 Chapter 6 Can ChatGPT Forecast Stock Price Movements? 121 Chapter 7 Implementing a ChatGPT Trading Strategy: A Step-by-Step Guide 135 Chapter 8 ChatGPT in Action: Practical Applications 157 Part III Envisioning a Financial Future with AI 175 Chapter 9 The Future of AI in Financial Forecasting 177 Chapter 10 How AI Is Shaping Our Economic Future 191 Appendix: Check Your Understanding Answers 211 References 229 Acknowledgments 233 About the Author 235 Index 237
Subject Areas: Finance & accounting [KF]
