Analyzing Inconsistencies Across Financial Services Machine Learning Algorithms and Implementations

Various machine learning algorithms are being used for financial valuation and classification tasks. However, incon-sistency, which refers to the difference in output behaviors, has yet to be investigated across algorithms used for a particular financial task and across different implementations. We analyze inconsistencies across Multivariate Linear Regression and Feed-forward Neural Networks for financial valuation tasks on 11 datasets, and inconsistencies across Gradient Boosted Decision Trees and Random Forests for financial classification tasks on 12 datasets. We also analyze inconsistencies across two toolkits used to implement each algorithm and find statistically significant evidence for inconsistency across the algorithms and their imple-mentations. Our findings suggest that inconsistencies can vary based on the training dataset. Overall, training datasets should be analyzed for inconsistency during the selection process, especially in situations where multiple algorithms and implementations may be used for a particular task and agreement in output data is desired.

Authors

Institutions

Publication Details

Published
2024-12-18
DOI
https://doi.org/10.1109/icmla61862.2024.00175
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Analyzing Inconsistencies Across Financial Services Machine Learning Algorithms and Implementations

Raina Samuel, Syed Mahmood Haider
Big Data and Business Intelligence
article

Analyzing Inconsistencies Across Financial Services Machine Learning Algorithms and Implementations

Raina Samuel, Syed Mahmood Haider
article en

Abstract

Various machine learning algorithms are being used for financial valuation and classification tasks. However, incon-sistency, which refers to the difference in output behaviors, has yet to be investigated across algorithms used for a particular financial task and across different implementations. We analyze inconsistencies across Multivariate Linear Regression and Feed-forward Neural Networks for financial valuation tasks on 11 datasets, and inconsistencies across Gradient Boosted Decision Trees and Random Forests for financial classification tasks on 12 datasets. We also analyze inconsistencies across two toolkits used to implement each algorithm and find statistically significant evidence for inconsistency across the algorithms and their imple-mentations. Our findings suggest that inconsistencies can vary based on the training dataset. Overall, training datasets should be analyzed for inconsistency during the selection process, especially in situations where multiple algorithms and implementations may be used for a particular task and agreement in output data is desired.

Montclair State University (US), Colgate University (US)
Openalex Percentile: Top 56%
Big Data and Business Intelligence
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Analyzing Inconsistencies Across Financial Services Machine Learning Algorithms and Implementations — Raina Samuel, Syed Mahmood Haider · (2024) | TGRS Research Map | TGRS