We propose a new machine-learning-based approach for forecasting Value-at-Risk (VaR) named CoFiE-NN where a neural network (NN) is combined with Cornish-Fisher expansions (CoFiE). CoFiE-NN can capture ...

Neural networks are distributed computing structures inspired by the structure of a biological brain and aim to achieve cognitive performance comparable to that of humans but in a much shorter time.

ChatGPT has triggered an onslaught of artificial intelligence hype. The arrival of OpenAI’s large-language-model-powered (LLM-powered) chatbot forced leading tech companies to follow suit with similar ...