Financial Risk Early-Warning of Neusoft Group Based on Support Vector Machine

As an emerging development industry, the information technology industry faces the most internal and external problems without effective risk prevention measures, which requires an effective financial risk early-warning system to be established to control risks. Nowadays, the advantages of support v...

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Main Authors: Yuxuan Dai, Chenhui Yu
Format: Article
Language:English
Published: Wiley 2022-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2022/5878047
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author Yuxuan Dai
Chenhui Yu
author_facet Yuxuan Dai
Chenhui Yu
author_sort Yuxuan Dai
collection DOAJ
description As an emerging development industry, the information technology industry faces the most internal and external problems without effective risk prevention measures, which requires an effective financial risk early-warning system to be established to control risks. Nowadays, the advantages of support vector machine (SVM) have gradually appeared. The research on financial risk early-warning using SVM mostly stays in dichotomy. However, the financial risk of an enterprise will not only exist in absolute risk and no risk. There are many other levels of risk categories. Therefore, this paper proposes a new financial warning idea, which extends the support vector machine dichotomous to multidivision. This article focuses on the data modeling based on the financial data of listed companies in China’s A-share information technology industry and applied to the case company Neusoft Group. First, the principal component analysis method is applied to assign the weights of financial indicators, and then the efficacy coefficient method is applied to comprehensively evaluate risk classification. Finally, the classified data were input into SVM for training and testing, and the model was applied to the financial risk early warning of Neusoft Group. The research results show that the model can better predict the financial risk of Neusoft Group.
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spelling doaj-art-28a4e7665ac2456199147befbfb303112025-08-20T03:54:47ZengWileyComplexity1099-05262022-01-01202210.1155/2022/5878047Financial Risk Early-Warning of Neusoft Group Based on Support Vector MachineYuxuan Dai0Chenhui Yu1School of Computer ScienceSchool of ManagementAs an emerging development industry, the information technology industry faces the most internal and external problems without effective risk prevention measures, which requires an effective financial risk early-warning system to be established to control risks. Nowadays, the advantages of support vector machine (SVM) have gradually appeared. The research on financial risk early-warning using SVM mostly stays in dichotomy. However, the financial risk of an enterprise will not only exist in absolute risk and no risk. There are many other levels of risk categories. Therefore, this paper proposes a new financial warning idea, which extends the support vector machine dichotomous to multidivision. This article focuses on the data modeling based on the financial data of listed companies in China’s A-share information technology industry and applied to the case company Neusoft Group. First, the principal component analysis method is applied to assign the weights of financial indicators, and then the efficacy coefficient method is applied to comprehensively evaluate risk classification. Finally, the classified data were input into SVM for training and testing, and the model was applied to the financial risk early warning of Neusoft Group. The research results show that the model can better predict the financial risk of Neusoft Group.http://dx.doi.org/10.1155/2022/5878047
spellingShingle Yuxuan Dai
Chenhui Yu
Financial Risk Early-Warning of Neusoft Group Based on Support Vector Machine
Complexity
title Financial Risk Early-Warning of Neusoft Group Based on Support Vector Machine
title_full Financial Risk Early-Warning of Neusoft Group Based on Support Vector Machine
title_fullStr Financial Risk Early-Warning of Neusoft Group Based on Support Vector Machine
title_full_unstemmed Financial Risk Early-Warning of Neusoft Group Based on Support Vector Machine
title_short Financial Risk Early-Warning of Neusoft Group Based on Support Vector Machine
title_sort financial risk early warning of neusoft group based on support vector machine
url http://dx.doi.org/10.1155/2022/5878047
work_keys_str_mv AT yuxuandai financialriskearlywarningofneusoftgroupbasedonsupportvectormachine
AT chenhuiyu financialriskearlywarningofneusoftgroupbasedonsupportvectormachine