Reader small image

You're reading from  Python for Finance Cookbook

Product typeBook
Published inJan 2020
Reading LevelIntermediate
PublisherPackt
ISBN-139781789618518
Edition1st Edition
Languages
Right arrow
Author (1)
Eryk Lewinson
Eryk Lewinson
author image
Eryk Lewinson

Eryk Lewinson received his master's degree in Quantitative Finance from Erasmus University Rotterdam. In his professional career, he has gained experience in the practical application of data science methods while working in risk management and data science departments of two "big 4" companies, a Dutch neo-broker and most recently the Netherlands' largest online retailer. Outside of work, he has written over a hundred articles about topics related to data science, which have been viewed more than 3 million times. In his free time, he enjoys playing video games, reading books, and traveling with his girlfriend.
Read more about Eryk Lewinson

Right arrow

Recurrent neural networks for time series forecasting

Recurrent Neural Networks (RNNs) are a special type of neural network designed to work with sequential data. They are popular for time series forecasting as well as for solving NLP problems such as machine translation, text generation, and speech recognition. There are numerous extensions of the RNNs, such as Long-Short Term Memory (LSTM) networks and Gated Recurrent Unit (GRU) networks, which are currently part of some of the state-of-the-art architectures. However, it is good to be familiar with the original vanilla RNN. The following diagram presents the typical RNN schema:

One of the main differences between the feedforward networks and RNNs is that the former take a fixed size input at once to produce a fixed size output. On the other hand, RNNs do not take all the input data at once – they ingest the data sequentially...

lock icon
The rest of the page is locked
Previous PageNext Chapter
You have been reading a chapter from
Python for Finance Cookbook
Published in: Jan 2020Publisher: PacktISBN-13: 9781789618518

Author (1)

author image
Eryk Lewinson

Eryk Lewinson received his master's degree in Quantitative Finance from Erasmus University Rotterdam. In his professional career, he has gained experience in the practical application of data science methods while working in risk management and data science departments of two "big 4" companies, a Dutch neo-broker and most recently the Netherlands' largest online retailer. Outside of work, he has written over a hundred articles about topics related to data science, which have been viewed more than 3 million times. In his free time, he enjoys playing video games, reading books, and traveling with his girlfriend.
Read more about Eryk Lewinson