Most of the growth forecasts in analysts' evaluation reports rely on human judgment, which leads to the occurrence of bias. A back-propagation neural network (BPNN) is a financial technique that learns a multi-layer feedforward network. This study aims to integrate BPNN and asset pricing models...

Should an investor buy and hold a stock index? Hold the index plus a put on the index (portfolio insurance)? Or hold the index plus a short position in a call on the index (a covered write)? Which strategy will be the most efficient in terms of the tradeoff between risk and return? Which will...