Ramex-Forum: a tool for displaying and analysing complex sequential patterns of financial products

Ramex-Forum: a tool for displaying and analysing complex sequential patterns of financial products

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Article ID: iaor2017789
Volume: 34
Issue: 1
Publication Date: Feb 2017
Journal: Expert Systems
Authors: , ,
Keywords: decision, economics, petroleum, finance & banking
Abstract:

Financial data provides a valuable up‐to‐date knowledge of the world economy. However, it is presented in extremely large data volumes, in diverse formats, and is constantly being updated at a high speed. The Ramex‐Forum algorithm is oriented to guide financial experts in finding new and relevant information. We present a sensitivity analysis and new visualizations using an improved version of the Ramex‐Forum algorithm. The proposed algorithm is applied to two case studies – the petroleum production chain and the European financial institutions risk analysis. Different combinations of parameters and new ways to visualize data are used. Results highlight the importance of Ramex‐Forum for analysing relevant relationships in price variations in financial markets.

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