2006
DOI: 10.1016/j.ejor.2004.12.018
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Self-organizing maps could improve the classification of Spanish mutual funds

Abstract: In this paper, we apply nonlinear techniques (Self Organizing Maps, k nearest neighbors and the k means algorithm) to evaluate the official Spanish mutual funds classification. The methodology that we propose allows us to identify which mutual funds are misclassified in the sense that they have historical performances which do not conform to the invest ment objectives established in their official category. According to this, we conclude that, on average, over 40% of mutual funds could be misclassified. Then, … Show more

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Cited by 63 publications
(24 citation statements)
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“…Examples include classifying cognitive performance in schizophrenic patients and healthy individuals (Silver and Shmoish, 2008), mutual funds classification (Moreno et al, 2006), speech quality assessment (Mahdi, 2006), vehicle routing (Ghaziri and Osman, 2006), network intrusion detection (Zhong et al, 2007), anomalous behavior in communication networks (Frota et al, 2007), compounds pattern recognition (Yan, 2006), market segmentation (Kuo et al, 2002) and classifying magnetic resonance brain images (Chaplot et al, 2006). There are many software packages available for analyzing SOM models.…”
Section: Self-organizing Mapsmentioning
confidence: 99%
See 1 more Smart Citation
“…Examples include classifying cognitive performance in schizophrenic patients and healthy individuals (Silver and Shmoish, 2008), mutual funds classification (Moreno et al, 2006), speech quality assessment (Mahdi, 2006), vehicle routing (Ghaziri and Osman, 2006), network intrusion detection (Zhong et al, 2007), anomalous behavior in communication networks (Frota et al, 2007), compounds pattern recognition (Yan, 2006), market segmentation (Kuo et al, 2002) and classifying magnetic resonance brain images (Chaplot et al, 2006). There are many software packages available for analyzing SOM models.…”
Section: Self-organizing Mapsmentioning
confidence: 99%
“…Output neurons will self-organize to an ordered map and neurons with similar weights are placed together. They are connected to adjacent neurons by a neighbourhood relation, dictating the topology of the map (Moreno et al, 2006). The number of neurons can vary from a few dozen to several thousand.…”
Section: Self-organizing Mapsmentioning
confidence: 99%
“…Output neurons will self-organize to an ordered map and neurons with similar weights are placed together. They are connected to adjacent neurons by a neighborhood relation, dictating the topology of the map [85]. The number of neurons can vary from a few dozen to several thousand.…”
Section: Self-organizing Mapsmentioning
confidence: 99%
“…Due to the unsupervised character of their learning algorithm and the excellent visualization ability, SOMs have been recently used in myriad classification and clustering tasks. Examples include classifying cognitive performance in schizophrenic patients and healthy individuals [100], mutual funds classification [85], speechquality assessment [76], vehicle routing [45], network intrusion detection [122], anomalous behavior in communication networks [44], compounds pattern recognition [118], mature market segmentation (Bigne et al [16], and classifying magnetic resonance brain images [24].…”
Section: Self-organizing Mapsmentioning
confidence: 99%
“…They are connected to adjacent neurons by a neighbourhood relation, dictating the topology of the map (Moreno et al, 2006). The concept of the learning algorithm for SOM is unsupervised and competitive.…”
Section: Self Organizing Mapmentioning
confidence: 99%