Data
Reader small image

You're reading from  Practical Machine Learning Cookbook

Product typeBook
Published inApr 2017
Reading LevelIntermediate
PublisherPackt
ISBN-139781785280511
Edition1st Edition
Languages
Python
Tools
Apache Spark
Concepts
Machine Learning
Right arrow
Author (1)
Atul Tripathi
Atul Tripathi
author image
Atul Tripathi

Atul Tripathi has spent more than 11 years in the fields of machine learning and quantitative finance. He has a total of 14 years of experience in software development and research. He has worked on advanced machine learning techniques, such as neural networks and Markov models. While working on these techniques, he has solved problems related to image processing, telecommunications, human speech recognition, and natural language processing. He has also developed tools for text mining using neural networks. In the field of quantitative finance, he has developed models for Value at Risk, Extreme Value Theorem, Option Pricing, and Energy Derivatives using Monte Carlo simulation techniques.
Read more about Atul Tripathi

Right arrow

Naive Bayes - predicting the direction of stock movement

Stock trading is one of the most challenging problems statisticians are trying to solve. There are multiple technical indicators, such as trend direction, momentum or lack of momentum in the market, volatility for profit potential, and volume measures to monitor the popularity in the market, to name a few. These indicators can be used to create strategy to high-probability trading opportunities. Days/weeks/months can be spent discovering the relationships between technical indicators. An efficient and less time-consuming tool, such as a decision tree, can be used. The main advantage of a decision tree is that it is a powerful and easily interpretable algorithm, which gives a good head start.

Getting ready

In order to perform naive Bayes, we will be using a dataset collected from the stock markets dataset.

Step 1 - collecting and describing the data

The dataset to be used is the Apple Inc. daily closing stock value between January 1, 2012...

lock icon
The rest of the page is locked
Previous Page
Chapter 13 of 21, Page 6
Next Page
You have been reading a chapter from
Practical Machine Learning Cookbook
Published in: Apr 2017Publisher: PacktISBN-13: 9781785280511
© 2017 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Atul Tripathi

Atul Tripathi has spent more than 11 years in the fields of machine learning and quantitative finance. He has a total of 14 years of experience in software development and research. He has worked on advanced machine learning techniques, such as neural networks and Markov models. While working on these techniques, he has solved problems related to image processing, telecommunications, human speech recognition, and natural language processing. He has also developed tools for text mining using neural networks. In the field of quantitative finance, he has developed models for Value at Risk, Extreme Value Theorem, Option Pricing, and Energy Derivatives using Monte Carlo simulation techniques.
Read more about Atul Tripathi

Other recommended products

Related to this chapter

Regression Analysis with R

Regression Analysis with R

Regression analysis is a statistical process which enables prediction of relationships between variables. This book will give you a rundown explaining what regression analysis is, explaining you the process from scratch. Each chapter starts with explaining the theoretical concepts and once the reader gets comfortable with the theory, we move to the practical examples to support the understanding. By the end of this book you will know all the concepts and pain-points related to regression analysis, and you will be able to implement your learning in your projects.

BookJan 2018422 pages
Machine Learning with R Cookbook

Machine Learning with R Cookbook

The R language is a powerful open source functional programming language. At its core, R is a statistical language that provides impressive tools to analyze data and create high-level graphics. This book covers the basics of R by setting up a user-friendly programming environment and programming ETL in R. Data exploration examples are provided that demonstrate how powerful data visualisation and machine learning is in discovering hidden relationships. You will also explore air quality data, steps to fix the missing values and visualising the same. You will then dive into important machine learning topics, including data classification, regression, survival analysis, time series analysis, clustering association rule mining, and dimension reduction.This book will include the latest code and examples based on R 3.3 and above—updated for better computation, accuracy, and speed with R.

BookOct 2017572 pages
Statistical Application Development with R and Python

Statistical Application Development with R and Python

Statistical Analysis involves collecting and examining data to describe the nature of data that needs to be analyzed. It helps you explore the relation of data and build models to make better decisions. You will begin with a brief understanding of the nature of data and end with modern and advanced statistical models like CART. Every step is taken with DATA and R code, and further enhanced by Python. By the end of this book you will be able to apply your statistical learning in major domains at work or in your projects.

BookAug 2017432 pages
Neural Networks with R

Neural Networks with R

The book helps you learn neural networks and implement them in R. It covers real-world use cases that will help you better understand their concepts. A basic understanding of R and mathematics is required.

BookSep 2017270 pages
Learning Quantitative Finance with R

Learning Quantitative Finance with R

This book covers applications of quantitative finance in R. It starts with the basics of quantitative finance and goes to complexity at the end of the book along with a varying degree of R complexity. This will guide you to implement different trading strategies for various financial instruments using basic to complex techniques along with its optimization and keeping the risk of financial instruments in check.

BookMar 2017284 pages
Hands-On Ensemble Learning with R

Hands-On Ensemble Learning with R

This book introduces you to the concept of ensemble learning and demonstrates how different machine learning algorithms can be combined to build efficient machine learning models. Use R to implement the popular trilogy of ensemble techniques, i.e. bagging, random forest and boosting, to build faster and more accurate machine learning models.

BookJul 2018376 pages
R Data Analysis Cookbook

R Data Analysis Cookbook

Data analytics with R has emerged as a very important focus for organizations of all kinds. R enables even those with only an intuitive grasp of the underlying concepts, without a deep mathematical background, to unleash powerful and detailed examinations of their data. This book empowers you by showing you ways to use R to generate professional analysis reports. The book also teaches you to quickly adapt the example code for your own needs and save yourself the time needed to construct code from scratch.

BookSep 2017560 pages
R Statistics Cookbook

R Statistics Cookbook

With this book, you will learn to execute a series of intermediate to advanced statistical tasks as you walk through each chapter. You will not only get well versed with the traditional statistics but you will also cover the necessary statistics required for machine learning and deep learning concepts.

BookMar 2019448 pages3
Machine Learning with R

Machine Learning with R

Brett Lantz teaches you how to uncover key insights and make new predictions with this hands-on, practical guide to machine learning with R. This third edition is for experienced R users and beginners. The book is fully updated to R 3.6, featuring newer and better libraries, advice on ethical and bias issues, and an introduction to deep learning.

BookApr 2019458 pages
Practical Predictive Analytics

Practical Predictive Analytics

This book teaches six specific steps needed to implement predictive analytics using R. It also teaches how team collaboration is critical and how it increases the chances of implementing a successful model. The book uses cases from healthcare, marketing, and government to build practical skills. Big Data is also covered, in this book, which will extend your skill sets by learning Databricks and RSpark.

BookJun 2017576 pages
Mastering Machine Learning with R

Mastering Machine Learning with R

Machine learning is the field of Artificial Intelligence where we build systems that learn from data. Given the growing prominence of R—a cross-platform, zero-cost statistical programming environment—there has never been a better time to start applying machine learning to your data. This book will teach you advanced techniques in machine learning with the latest code in R 3.3.2.

BookApr 2017420 pages

Personalised recommendations for you

Based on your interests and search pattern

Et al.

Et al.

Ever wonder why speech recognition systems don't understand the Scottish accent, or what would happen if an astronaut only ate mac 'n' cheese, or other spurious reflections you'd have at a bar? We did, then collated those deliberations into absurd research articles with fake figures and methodologies inspired by even more fictionally absurd studies.

BookAug 2023230 pages5
Generative AI with LangChain

Generative AI with LangChain

This book is a comprehensive introduction to LLMs and LangChain, demystifying the basic mechanics of LangChain, its functionalities, and the myriad of applications it can be integrated into.

BookDec 2023360 pages4
Generative AI with LangChain

Generative AI with LangChain

This book is a comprehensive introduction to LLMs and LangChain, demystifying the basic mechanics of LangChain, its functionalities, and the myriad of applications it can be integrated into.

BookDec 2023360 pages5
Generative AI with LangChain

Generative AI with LangChain

This book is a comprehensive introduction to LLMs and LangChain, demystifying the basic mechanics of LangChain, its functionalities, and the myriad of applications it can be integrated into.

BookDec 2023360 pages1
Generative AI with LangChain

Generative AI with LangChain

This book is a comprehensive introduction to LLMs and LangChain, demystifying the basic mechanics of LangChain, its functionalities, and the myriad of applications it can be integrated into.

BookDec 2023360 pages5
Mastering Tableau 2023

Mastering Tableau 2023

This book is a comprehensive resource to mastering your Tableau skills and becoming a BI expert. As you progress, you will learn how to build advanced dashboards and improve your storytelling to derive key business insight, as well as make you well-versed with advanced functionalities of Tableau in the business intelligence domain.

BookAug 2023684 pages
Building AI Applications with ChatGPT APIs

Building AI Applications with ChatGPT APIs

This guide covers all ChatGPT API features for effortless creation of robust AI powered apps. With its help, you’ll be able to leverage ChatGPT’s cutting-edge NLP models to take your app development skills to the next level. You’ll also work on ten exciting projects that will give you the practical know-how that you can apply to your existing applications.

BookSep 2023258 pages5
Building AI Applications with ChatGPT APIs

Building AI Applications with ChatGPT APIs

This guide covers all ChatGPT API features for effortless creation of robust AI powered apps. With its help, you’ll be able to leverage ChatGPT’s cutting-edge NLP models to take your app development skills to the next level. You’ll also work on ten exciting projects that will give you the practical know-how that you can apply to your existing applications.

BookSep 2023258 pages2
Data Engineering with AWS

Data Engineering with AWS

Embark on a journey to master data engineering pipelines on AWS! Our book offers a hands-on experience of AWS services for ingesting, transforming, and consuming data. Whether you're an absolute beginner or someone with basic data engineering experience, this guide is an indispensable resource.

BookOct 2023636 pages5
Modern Data Architecture on AWS

Modern Data Architecture on AWS

Every organization wants an agile, performant, and cost-effective data platform that meets all their current and future business needs. Purpose-built AWS analytics services and their features play a big part in building such a modern data platform. This book brings to you all the design and architectural patterns that’ll help you achieve this goal.

BookAug 2023420 pages5
Practical Guide to Applied Conformal Prediction in Python

Practical Guide to Applied Conformal Prediction in Python

Discover the power of Conformal Prediction with the "Practical Guide to Applied Conformal Prediction in Python." Master the latest techniques to quantify uncertainty in machine learning and computer vision models, and seamlessly apply them to your industry applications.

BookDec 2023240 pages
TinyML Cookbook

TinyML Cookbook

With over 70 project-based recipes, the TinyML Cookbook is a practical guide that will help you to get the most out of your microcontrollers. It provides a comprehensive understanding of the theoretical foundations while giving you hands-on experience training ML models for deployment on Arduino Nano 33 BLE Sense, Raspberry Pi Pico, and SparkFun RedBoard Artemis Nano microcontrollers.

BookNov 2023664 pages