Eddie Butler’s Olympic Diary

EDDIE Beats the Bookies

Investment involves the maximisation of return on one’s investment whilst minimising risk. Good forecasting, which often requires expert knowledge, can help to reduce risk. In this paper, we propose a genetic programming based system EDDIE, (which stands for Evolutionary Dynamic Data Investment Evaluator), as a forecasting tool. Genetic programming is inspired by evolution theory, and has been ...

Eddie for Financial Forecasting

EDDIE is a genetic-programming based system for channelling expert knowledge into forecasting. FGP-2 is an implementation of EDDIE for financial forecasting. The novelty of FGP-2 is that, as a forecasting tool, it provides the user with a handle for tuning the precision against the rate of missing opportunities. This allows the user to pick investment opportunities with greater confidence.

Sebeka Eddie Plaatjie

EDDIE for Discovering Arbitrage Opportunitiesa

The prices of the option and futures of a stock both reflect the market’s expectation of futures trends of the stock’s price. Their prices normally align with each other within a limited window. When they do not, arbitrage opportunities arise: an investor who spots the misalignment will be able to buy (sell) options on one hand, and sell (buy) futures on the other and make risk-free profits. In...

EDDIE In Financial Decision Making

This paper gives an overview of the EDDIE project. It describes the principles and applications of EDDIE in making financial decisions, including applications to share prices and indices forecasting and arbitrage. EDDIE is designed as an interactive decision tool, not a replacement of expert knowledge. Experts channel their knowledge into the system through (a) selection and preparation of data...