Book Image

Financial Modeling Using Quantum Computing

By : Anshul Saxena, Javier Mancilla, Iraitz Montalban, Christophe Pere
5 (1)
Book Image

Financial Modeling Using Quantum Computing

5 (1)
By: Anshul Saxena, Javier Mancilla, Iraitz Montalban, Christophe Pere

Overview of this book

Quantum computing has the potential to revolutionize the computing paradigm. By integrating quantum algorithms with artificial intelligence and machine learning, we can harness the power of qubits to deliver comprehensive and optimized solutions for intricate financial problems. This book offers step-by-step guidance on using various quantum algorithm frameworks within a Python environment, enabling you to tackle business challenges in finance. With the use of contrasting solutions from well-known Python libraries with quantum algorithms, you’ll discover the advantages of the quantum approach. Focusing on clarity, the authors expertly present complex quantum algorithms in a straightforward, yet comprehensive way. Throughout the book, you'll become adept at working with simple programs illustrating quantum computing principles. Gradually, you'll progress to more sophisticated programs and algorithms that harness the full power of quantum computing. By the end of this book, you’ll be able to design, implement and run your own quantum computing programs to turbocharge your financial modelling.
Table of Contents (16 chapters)
1
Part 1: Basic Applications of Quantum Computing in Finance
5
Part 2: Advanced Applications of Quantum Computing in Finance
10
Part 3: Upcoming Quantum Scenario

Financial portfolio simulation

A financial portfolio simulation is a tool investors use to assess their portfolio’s performance, predict its behavior in the future, and make informed investment decisions. It involves creating a model of an investor’s portfolio and testing different scenarios to determine the best investment strategy. In recent years, portfolio simulation has become increasingly popular because it provides a cost-effective way for investors to assess their risk tolerance and maximize returns. This subsection will examine the concept of financial portfolio simulation, its benefits, and how it can be used to optimize investment decisions.

One of the significant benefits of financial portfolio simulation is its ability to provide investors with a clear understanding of their risk tolerance. By simulating different scenarios, investors can determine their portfolio’s sensitivity to market fluctuations and adjust their investment strategy accordingly...