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Option Implied Volatility's Predictability On Monthly Stock Returns, Hung T. Dao

Senior Independent Study Theses

Since the trading of options is based on underlying stocks, it is reasonable to assume that information from the options market can be used to explain the returns in the stock market. Our independent study investigates the relationship between options implied volatility and stock returns. Previous studies have found significant results in using implied volatility in predicting stock returns. This paper provides a discussion of such studies, the theoretical framework for the research topic, and the Black-Scholes model, which is famous for its application in implied volatility calculation. Monthly returns of 20 large US firms are regressed against implied volatility …

Statistical And Machine Learning Approaches To Depressive Disorders Among Adults In The United States: From Factor Discovery To Prediction Evaluation, Minhwa Lee

Senior Independent Study Theses

According to the National Institutes of Mental Health (NIMH), depressive disorders (or major depression) are considered one of the most common and serious health risks in the United States. Our study focuses on extracting non-medical factors of depressive disorders diagnosis, such as overall health states, health risk behaviors, demography, and healthcare access, using the Behavioral Risk Factor Surveillance System (BRFSS) data set collected by the Centers for Disease Control and Prevention (CDC) in 2018.

We set the two objectives of our study about depressive disorders diagnosis in the United States as follows. First, we aim to utilize machine learning algorithms …