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Quantum algorithms have gained increasing attention for addressing complex combinatorial problems in finance, notably portfolio optimization. This study systematically benchmarks two prominent variational quantum approaches, Variational…

Quantum Physics · Physics 2025-12-05 Nouhaila Innan , Ayesha Saleem , Alberto Marchisio , Muhammad Shafique

We investigate the computational efficiency and thermodynamic cost of the D-Wave quantum annealer under reverse-annealing with and without pausing. Our experimental results demonstrate that the combination of reverse-annealing and pausing…

Quantum Physics · Physics 2024-02-27 Tomasz Śmierzchalski , Zakaria Mzaouali , Sebastian Deffner , Bartłomiej Gardas

Quantum optimal control is a technique for controlling the evolution of a quantum system and has been applied to a wide range of problems in quantum physics. We study a binary quantum control optimization problem, where control decisions…

Quantum Physics · Physics 2024-10-15 Xinyu Fei , Lucas T. Brady , Jeffrey Larson , Sven Leyffer , Siqian Shen

Recent work [Sachdeva et al.] presented an iterative hybrid quantum variational optimization algorithm designed by Q-CTRL and executed on IBM gate-based quantum processing units (QPUs), claiming a significant performance advantage against a…

Quantum Physics · Physics 2024-06-28 Catherine C. McGeoch , Kevin Chern , Pau Farré , Andrew K. King

Digital-analog quantum computing (DAQC) offers a promising approach to addressing the challenges of building a practical quantum computer. By efficiently allocating resources between digital and analog quantum circuits, DAQC paves the way…

Quantum Physics · Physics 2024-04-08 Tadashi Kadowaki

Portfolio optimization is one of the most studied problems for demonstrating the near-term applications of quantum computing. However, large-scale problems cannot be solved on today's quantum hardware. In this work, we extend upon a study…

Quantum Physics · Physics 2023-05-03 Naman Jain , M Girish Chandra

We analyze the performance of quantum annealing as a heuristic optimization method to find the absolute minimum of various continuous models, including landscapes with only two wells and also models with many competing minima and with…

Statistical Mechanics · Physics 2015-11-25 E. M. Inack , S. Pilati

Quantum computers use quantum resources to carry out computational tasks and may outperform classical computers in solving certain computational problems. Special-purpose quantum computers such as quantum annealers employ quantum adiabatic…

Other Statistics · Statistics 2021-01-19 Xinyu Song , Yazhen Wang , Shang Wu , Donggyu Kim

Quantum computation offers exciting new possibilities for statistics. This paper explores the use of the D-Wave machine, a specialized type of quantum computer, which performs quantum annealing. A general description of quantum annealing…

Computation · Statistics 2019-11-21 Robert C. Foster , Brian Weaver , James Gattiker

Although quantum computing hardware has evolved significantly in recent years, spurred by increasing industrial and government interest, the size limitation of current generation quantum computers remains an obstacle when applying these…

Quantum Physics · Physics 2020-01-20 Gideon Bass , Max Henderson , Joshua Heath , Joseph Dulny

A quantum-inspired optimization approach is proposed to study the portfolio optimization aimed at selecting an optimal mix of assets based on the risk-return trade-off to achieve the desired goal in investment. By integrating conventional…

Portfolio Management · Quantitative Finance 2024-11-15 Ying-Chang Lu , Chao-Ming Fu , Lien-Po Yu , Yen-Jui Chang , Ching-Ray Chang

We investigate the quantum computing paradigm consisted of obtaining a target state that encodes the solution of a certain computational task by evolving the system with a combination of the problem-Hamiltonian and the driving-Hamiltonian.…

Quantum Physics · Physics 2022-06-14 Marllos E. F. Fernandes , Emanuel F. de Lima , Leonardo K. Castelano

In the rapidly advancing domain of quantum optimization, the confluence of quantum algorithms such as Quantum Annealing (QA) and the Quantum Approximate Optimization Algorithm (QAOA) with robust optimization methodologies presents a…

Quantum Physics · Physics 2024-05-14 Pascal Halffmann , Steve Lenk , Michael Trebing

In this paper we briefly review two recent use-cases of quantum optimization algorithms applied to hard problems in finance and economy. Specifically, we discuss the prediction of financial crashes as well as dynamic portfolio optimization.…

General Finance · Quantitative Finance 2020-10-06 Samuel Mugel , Enrique Lizaso , Roman Orus

We study quantum computing algorithms for solving certain constrained resource allocation problems we coin as Mission Covering Optimization (MCO). We compare formulations of constrained optimization problems using Quantum Annealing…

Quantum Physics · Physics 2022-05-05 Massimiliano Cutugno , Annarita Giani , Paul M. Alsing , Laura Wessing , Austars Schnore

Quantum computing is poised to transform the financial industry, yet its advantages over traditional methods have not been evidenced. As this technology rapidly evolves, benchmarking is essential to fairly evaluate and compare different…

Optimization and Control · Mathematics 2025-02-11 Ying Chen , Thorsten Koch , Hanqiu Peng , Hongrui Zhang

We introduce and review briefly the phenomenon of quantum annealing and analog computation. The role of quantum fluctuation (tunneling) in random systems with rugged (free) energy landscapes having macroscopic barriers are discussed to…

Statistical Mechanics · Physics 2023-10-16 Bikas K Chakrabarti , Sudip Mukherjee

We present a comparison study of state-of-the-art classical optimisation methods to a D-Wave 2000Q quantum annealer for the planning of Earth observation missions. The problem is to acquire high value images while obeying the attitude…

The work explores the integration of quantum computing into logistics and supply chain management, emphasising its potential for use in complex optimisation problems. The discussion introduces quantum computing principles, focusing on…

Quantum Physics · Physics 2025-04-03 Frank Phillipson

Quantum(-inspired) annealers show promise in solving combinatorial optimisation problems in practice. There has been extensive researches demonstrating the utility of D-Wave quantum annealer and quantum-inspired annealer, i.e., Fujitsu…

Quantum Physics · Physics 2022-09-27 Tian Huang , Jun Xu , Tao Luo , Xiaozhe Gu , Rick Goh , Weng-Fai Wong