| 15.05.2024

Hanken student awarded prize for pro gradu on machine learning models

Hanken student Robin Perälä was awarded a prize of 5000 euro for his master's thesis "Forecasting Stock Returns with Supervised Learning: The Battle
Against Data Snooping" from Suomen Arvopaperimarkkinoiden Edistämissäätiö.

Robin Perälä's thesis examines whether a machine learning model can generate additional returns beyond the risk associated with the investment.

"Perälä's thesis deals with a theme that is linked to an interesting phenomenon in the securities market. The theme and the results have interesting implications for the finance sector and the presentation is analytical and in-depth both in terms of the financial issue and the methodology", says Jan Antell, Associate Professor at the Department of Finance and Economics.