A neural fuzzy system for asset valuation

Jozsef Bozsik, R. Fullér

Research output: Chapter in Book/Report/Conference proceedingConference contribution

1 Citation (Scopus)

Abstract

Asset valuation has long been a challenging and important task in finance. It is commonly performed prior to the sale of an asset and it may consist of both subjective and objective measurements. Suppose that the value of our asset depends on the currency fluctuations on the global financial markets. Suppose further that we are in the position to derive fuzzy rules for modeling the partially known causal links between the exchange rates and the asset values. In this work we suggest the use an ANFIS architecture based on Mamdani inference mechanism for asset valuation, since it can work with arbitrary membership functions. After learning the shape parameters of fuzzy numbers one can easily quantify the functional relationship between the exchange rates and the asset prices.

Original languageEnglish
Title of host publicationLINDI 2012 - 4th IEEE International Symposium on Logistics and Industrial Informatics, Proceedings
Pages197-200
Number of pages4
DOIs
Publication statusPublished - 2012
Event4th IEEE International Symposium on Logistics and Industrial Informatics, LINDI 2012 - Smolenice, Slovakia
Duration: Sep 5 2012Sep 7 2012

Other

Other4th IEEE International Symposium on Logistics and Industrial Informatics, LINDI 2012
CountrySlovakia
CitySmolenice
Period9/5/129/7/12

Fingerprint

Fuzzy rules
Fuzzy systems
Finance
Membership functions
Sales
Financial markets

ASJC Scopus subject areas

  • Information Systems

Cite this

Bozsik, J., & Fullér, R. (2012). A neural fuzzy system for asset valuation. In LINDI 2012 - 4th IEEE International Symposium on Logistics and Industrial Informatics, Proceedings (pp. 197-200). [6319487] https://doi.org/10.1109/LINDI.2012.6319487

A neural fuzzy system for asset valuation. / Bozsik, Jozsef; Fullér, R.

LINDI 2012 - 4th IEEE International Symposium on Logistics and Industrial Informatics, Proceedings. 2012. p. 197-200 6319487.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Bozsik, J & Fullér, R 2012, A neural fuzzy system for asset valuation. in LINDI 2012 - 4th IEEE International Symposium on Logistics and Industrial Informatics, Proceedings., 6319487, pp. 197-200, 4th IEEE International Symposium on Logistics and Industrial Informatics, LINDI 2012, Smolenice, Slovakia, 9/5/12. https://doi.org/10.1109/LINDI.2012.6319487
Bozsik J, Fullér R. A neural fuzzy system for asset valuation. In LINDI 2012 - 4th IEEE International Symposium on Logistics and Industrial Informatics, Proceedings. 2012. p. 197-200. 6319487 https://doi.org/10.1109/LINDI.2012.6319487
Bozsik, Jozsef ; Fullér, R. / A neural fuzzy system for asset valuation. LINDI 2012 - 4th IEEE International Symposium on Logistics and Industrial Informatics, Proceedings. 2012. pp. 197-200
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