Lazy Network: A Word Embedding-Based Temporal Financial Network to Avoid Economic Shocks in Asset Pricing Models

<div>Equally weighted and value-weighted (left and right, respectively) cumulative returns from 2000 to 2019 for all the proposed portfolios using strength, eigenvector, closeness, or betweenness. The returns are compared to buying and holding the S&amp;P 500 Index, as well as the whole universe of the available stocks portfolio (universe of stocks), and the CRSP market index. (a) Equally weighted cumulative returns. (b) Value-weighted cumulative returns.</div>

Complexity

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Figure 4: Lazy Network: A Word Embedding-Based Temporal Financial Network to Avoid Economic Shocks in Asset Pricing Models 