When the algorithm evaluates better than humans

Identifier:  TFG:10234

Handle: https://hdl.handle.net/20.500.11797/TFG10234

Authors:  Palazón Güell, Laia

Abstract:
This Bachelor’s thesis analyzes the impact of artificial intelligence on financial asset valuation, comparing it with traditional models such as the CAPM. The study combines a theoretical review of financial theory and the limitations of classical models with an empirical analysis based on 16 stocks from various sectors over the 2021–2026 period. Using this data, optimal portfolios are constructed via the CAPM and AI-based models utilizing ChatGPT. The results demonstrate that artificial intelligence does not replace traditional models but rather complements them, offering greater adaptability and customization in financial decision-making.