Maksim Fayzulin

The HSE Centre for Financial Research and Data Analytics combines fundamental and applied work, including in areas unique to Russia such as the connection between sentiment in the media and social networks and financial markets. The HSE News Service spoke with the centre’s director, Professor Tamara Teplova, about its work.

Economists from HSE University have developed a neural network model that can predict the onset of a short-term stock market crisis with over 83% accuracy, one day in advance. The model performs well even on complex, imbalanced data and incorporates not only economic indicators but also investor sentiment. The paper by Tamara Teplova, Maksim Fayzulin, and Aleksei Kurkin from the Centre for Financial Research and Data Analytics at the HSE Faculty of Economic Sciences has been published in Socio-Economic Planning Sciences.