Bursting the big data bubble

In the financial world, big data is hailed as a potential game changer for predicting stock market performance. But without adequate safeguards, big data analyses may result in spurious correlations, misguided predictions and disappointing returns. By Wai Mun Fong In the financial world, big data is...

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Veröffentlicht in:Significance (Oxford, England) England), 2017-06, Vol.14 (3), p.20-23
1. Verfasser: Fong, Wai Mun
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description In the financial world, big data is hailed as a potential game changer for predicting stock market performance. But without adequate safeguards, big data analyses may result in spurious correlations, misguided predictions and disappointing returns. By Wai Mun Fong In the financial world, big data is hailed as a potential game changer for predicting stock market performance. But without adequate safeguards, big data analyses may result in spurious correlations, misguided predictions and disappointing returns. By Wai Mun Fong.
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source Wiley Online Library Journals Frontfile Complete; Oxford University Press Journals All Titles (1996-Current)
subjects Big Data
Bubbles
Bursting
Correlation analysis
Data management
Markets
Performance prediction
Portfolio management
Raw materials
Securities markets
title Bursting the big data bubble
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