The housing market has undergone quite a change in the past decade, with more stringent lending criteria for housing having been enforced.
A key objective of financial institutions is to minimise the risk of mortgage lending by ensuring that the debtor is ultimately able to repay the loan.
In this example, multilevel modelling techniques are used to analyse data from the Federal Home Loan Bank…Continue
Added by Michael Grogan on July 3, 2019 at 3:01am — No Comments
I thought I would follow on my first blog posting with a follow-up on a claim in the post that going returns followed a truncated Cauchy distribution in three ways. The first way was to describe a proof and empirical evidence to support it in a population study. The second was to discuss the consequences by performing simulations so that financial modelers using things such as the Fama-French, CAPM or APT would understand the full consequences of that decision. The third was to discuss…Continue
Added by David Harris on December 27, 2018 at 7:32pm — No Comments
Machine learning is the branch of computer science and a subfield of Artificial Intelligence that utilizes past data to learn from and use its knowledge to make future decisions. Machine learning is at the intersection of computer science, engineering, and statistics. The goal of machine learning is to generalize a detectable pattern or to create an unknown rule from given examples.
Machine learning is broadly classified into three categories but nonetheless, based on the…
Added by Malvika Mathur on December 8, 2018 at 11:00pm — No Comments
The main components of systems theory that readers might remember are “inputs,” “processes,” and “outputs.” The part that tends to get neglected is “feedback mechanisms.” These mechanisms tell the system the extent to which operations fit the environment. If there is lack of fitness, there is stress. One adaptive impulse is to make processes more complex and intelligent - i.e. sometimes described as the fight response. Another impulse is to give up and run away - i.e. the flight…Continue
In my most recent blog, I discussed the idea of aligning the supply of services to market demand. My conceptualization of “alignment” specifically relates to time intervals: i.e. having people at the right place and at the right time - for example, to take advantage of opportunities - is a sign of alignment. Alignment for me is often about the relationship between capacity and incapacity: the ability to supply services versus the inability to satisfy the market demand…Continue
Added by Don Philip Faithful on June 16, 2018 at 6:30am — No Comments
In the “Ecology of Metrics,” I wrote about “alignment” being a type of metric; alignment can measure the extent to which an organization’s supply or capacity is matched against the demands or needs of the market. For instance, in a call centre, it would be highly desirable to have agents available to respond to calls at “precisely” the same time that clients are making calls. If alignment is off even by only 15 to 30 seconds, impatient clients might hang up and never call again. Similarly…Continue
Added by Don Philip Faithful on June 2, 2018 at 5:00am — No Comments
The following simulation is based on a presentation that I attended in the 1990s. I was an investment junkie back then. I sat down, and I listening to people speak about their ideas on making money - on television and sometimes live. The presenter in this case was trying to explain that investment success is sometimes a matter of chance. He had people in the audience stand up. He asked them to guess heads or tails. Those that were correct continued to the next round - to guess again -…Continue
In general, any expression of performance that applies to a department can, if the data system is configured properly, be stated in relation to individual workers. For instance, if # of sales contracts / # of customer enquiries = success rate, the success rate can be given for the entire dealership and also for each sales agent in that dealership. Due to the differences in performance between agents, it can be problematic to only make use of the aggregate. Some agents might be blamed for…Continue
Added by Don Philip Faithful on February 25, 2018 at 7:30am — No Comments
I have written in the past about the difference between market demand and operational capacity - and how difficult it is to determine what exactly is being measured in relation to either. Has the demand for a product declined, or is the organization simply less capable of satisfying it? For example, the fact there are no bananas in the grocery store does not mean that there is no demand for bananas; but the absence of revenues from the sale of bananas might be regarded, rather erroneously,…Continue
Added by Don Philip Faithful on December 9, 2017 at 10:30am — No Comments
The images on this blog are from an algorithmic environment that I first developed about 15 years ago - rendered using a graphical system that I wrote in Java. A “differential lattice” is a structured array of differences between two points: e.g. the difference between the closing price of a stock on day T-0 (today) and T-6 (a week ago). Consequently, if the closing prices are $10.10, $10.20, $10.30, $10.40, and $10.50 (today), then 0/3 is from T-0/T-3 or $10.50 less $10.20 = $0.30. A…Continue
Added by Don Philip Faithful on August 12, 2017 at 5:30am — No Comments
On the basis of regional analysis, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World. North America region is generating highest market share in Core Banking Solutions Market owing to higher technology implementation. The implementation of core banking solution software by both small and medium enterprises is increasing rapidly. In US region, the implementation of core banking solution software in BFSI sector accounted for…Continue
Added by Sagar kadam on June 26, 2017 at 11:30pm — No Comments
Global Cyber Security Market – Overview
Cyber Security market is expected to grow with the CAGR of ~8% - 11% during 2016 to 2021, owed to which it is predictable to cross USD $150 billion by 2021, assures the Market Research Future in one of its recently published study report - “Global Cyber Security Market Research Report Forecast 2017- 2021”
With growing industries and preference for centralization amongst the organizations; the computer based systems have become an…Continue
Added by Sagar kadam on April 27, 2017 at 6:30pm — No Comments
Shame on YouGov! Did their survey really miss the outcome of the Brexit consultation? Not quite. If you hit your finger while hammering a nail into the wall, do not blame the hammer.
The media circuit is responsible for having broadcasted inaccurate information. I must confirm that I am in no way linked to YouGov, the market research agency that supplied most media agencies with projections of the outcome results for the Brexit consultation in the UK, and this article…Continue
The global text analytics market has been showing tremendous growth over the last few years. The increasing need for social media analytics and the rising number of applications associated with industry-specific text analytics are driving the demand for text analytics solution across the world significantly.
In 2015, the worldwide market for text analytics stood at US$2.8 bn in terms of revenue. Rising at a CAGR of 17.60% between 2016 and 2024, the market is expected to reach a value…Continue
Added by Ankit Jain on April 14, 2016 at 8:30pm — No Comments
Data center infrastructure management (DCIM) solutions are the most effective way to reduce data center operating costs. DCIM solutions provide significant value to IT organizations that are concerned about the energy consumption and improvement in operational efficiency in their data centers. DCIM is a combination of IT and facilities management that helps enable faultless monitoring of all systems in IT and facility infrastructure.
DCIM Emerges as a Strategic Tool for…Continue
Added by Ankit Jain on February 19, 2016 at 4:00am — No Comments
Added by James White on January 4, 2016 at 7:57pm — No Comments
Not only SQL (structured query language), also known as NoSQL, is a popular tool used for data management and design of large chunks of distributed data. NoSQL database includes a…Continue
Added by Madhuri Pawar on December 30, 2015 at 1:30am — No Comments
The global big data market is likely to grow from US$6.3 billion in 2012 to US$48.3 billion in 2018.The research report states that registering a remarkable CAGR of 40.5% from 2012 to 2018, The report studies the global big data market by segmenting it on the basis of four criteria: product requirement, component, application, and geography. By component, the big data market is categorized into hardware, software and services, and…Continue
Added by Madhuri Pawar on November 19, 2015 at 9:27pm — No Comments
NoSQL also know as not only SQL (structured query language) is a tool used for data design and management of large quantity of distributed data. NoSQL database comprise a wide range of architecture and technologies designed to overcome problems of scalability and big data performance problems. NoSQL is very useful when…Continue
I have never been formally trained on how to deal with seasonality. But I wanted to take a moment to share my perspective based on experience, which I hope readers will find fairly straightforward. Some people use sales revenues in order to evaluate seasonal differences. I find it more desirable to analyze units sold if possible. A price increase resulting in slightly higher revenues does not in itself represent increased demand. Nor should discounted prices leading to reduced revenues…Continue
Added by Don Philip Faithful on August 23, 2015 at 5:19am — No Comments