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Coqueret, Guillaume 1 Guida, Tony 1
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Big Data and Machine Learning in Quantitative Investment, Wiley finance series. 2018 1
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Ensemble Learning Applied to Quant Equity : Gradient Boosting in a Multi-Factor Framework
Guida, Tony - 2018
In this chapter, we apply a popular Machine Learning approach (extreme gradient boosted trees) to build enhanced diversified equity portfolios. A simple naïve equally-weighted portfolio of US stocks based on a boosted tree-based signal generates on average an excess return of 3.1% per annum,...
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