Proceedings of the 2nd International Conference on Bigdata Blockchain and Economy Management, ICBBEM 2023, May 19–21, 2023, Hangzhou, China

Research Article

Building a Broad Asset Class Allocation Strategy Based on RBF Neural Networks

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  • @INPROCEEDINGS{10.4108/eai.19-5-2023.2334216,
        author={Wufu  Chen and Peiying  Ye and Lan  Wei},
        title={Building a Broad Asset Class Allocation Strategy Based on RBF Neural Networks},
        proceedings={Proceedings of the 2nd International Conference on Bigdata Blockchain and Economy Management, ICBBEM 2023, May 19--21, 2023, Hangzhou, China},
        publisher={EAI},
        proceedings_a={ICBBEM},
        year={2023},
        month={7},
        keywords={asset allocation; quadratic exponentialmethods; rbf neural network; correlation analysis},
        doi={10.4108/eai.19-5-2023.2334216}
    }
    
  • Wufu Chen
    Peiying Ye
    Lan Wei
    Year: 2023
    Building a Broad Asset Class Allocation Strategy Based on RBF Neural Networks
    ICBBEM
    EAI
    DOI: 10.4108/eai.19-5-2023.2334216
Wufu Chen1, Peiying Ye1,*, Lan Wei1
  • 1: Zhujiang College of South China Agricultural University
*Contact email: ypy021025lw@163.com

Abstract

Globally, there is an industry consensus on broad asset class allocation as a core investment approach. This paper gives investment strategies for several major asset classes and predicts the future state of China's economy through macroeconomic models, which will play a role in guiding the future development of China's economy. According to the problem studied in this paper we construct a time series forecasting model based on quadratic exponential methods, which takes the historical data of indicator data as input, derives the law based on time series changes, and finally realizes the simulation of China's economic growth, inflation, and interest rates in the next five years. We substitute the composite economic evaluation value into the quadratic exponential methods time series forecasting model to forecast the data for the next five years, based on the trend of the data to conclude that the economic state is in a high growth period in 2022-2024; The state of the economy is in a period of medium growth in 2025-2026. And then based on the model analysis of the strategy research, this study has an important role and research significance in the re-financing industry.