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Predicting fund performance is beneficial to both investors and fund managers, and yet is a challenging task. In this paper, we have tested whether deep learning models can predict fund performance more accurately than traditional…

Statistical Finance · Quantitative Finance 2023-08-01 Nghia Chu , Binh Dao , Nga Pham , Huy Nguyen , Hien Tran

Deep Reinforcement Learning has shown great success in a variety of control tasks. However, it is unclear how close we are to the vision of putting Deep RL into practice to solve real world problems. In particular, common practice in the…

Machine Learning · Computer Science 2019-02-21 Chenyang Zhao , Olivier Sigaud , Freek Stulp , Timothy M. Hospedales

We study the consistency of sample mean-variance portfolios of arbitrarily high dimension that are based on Bayesian or shrinkage estimation of the input parameters as well as weighted sampling. In an asymptotic setting where the number of…

Portfolio Management · Quantitative Finance 2015-05-30 Francisco Rubio , Xavier Mestre , Daniel P. Palomar

We conjecture that the inherent difference in generalisation between adaptive and non-adaptive gradient methods in deep learning stems from the increased estimation noise in the flattest directions of the true loss surface. We demonstrate…

Machine Learning · Statistics 2022-03-17 Diego Granziol , Nicholas Baskerville

Ensemble clustering has demonstrated great success in practice; however, its theoretical foundations remain underexplored. This paper examines the generalization performance of ensemble clustering, focusing on generalization error, excess…

Machine Learning · Computer Science 2025-06-04 Xu Zhang , Haoye Qiu , Weixuan Liang , Hui Liu , Junhui Hou , Yuheng Jia

Training modern neural networks often relies on large learning rates, operating at the edge of stability, where the optimization dynamics exhibit oscillatory and chaotic behavior. Empirically, this regime often yields improved…

Machine Learning · Computer Science 2026-04-22 Mario Tuci , Caner Korkmaz , Umut Şimşekli , Tolga Birdal

We provide a general framework to study stochastic sequences related to individual learning in economics, learning automata in computer sciences, social learning in marketing, and other applications. More precisely, we study the asymptotic…

Probability · Mathematics 2014-10-07 Carlos Oyarzun , Johannes Ruf

A key problem in the theory of meta-learning is to understand how the task distributions influence transfer risk, the expected error of a meta-learner on a new task drawn from the unknown task distribution. In this paper, focusing on fixed…

Machine Learning · Statistics 2021-06-15 Mikhail Konobeev , Ilja Kuzborskij , Csaba Szepesvári

We study the problem of learning-to-learn: inferring a learning algorithm that works well on tasks sampled from an unknown distribution. As class of algorithms we consider Stochastic Gradient Descent on the true risk regularized by the…

Machine Learning · Computer Science 2019-03-26 Giulia Denevi , Carlo Ciliberto , Riccardo Grazzi , Massimiliano Pontil

Generalization of deep neural networks remains one of the main open problems in machine learning. Previous theoretical works focused on deriving tight bounds of model complexity, while empirical works revealed that neural networks exhibit…

Machine Learning · Computer Science 2022-01-31 James Wang , Cheng-Lin Yang

This paper investigates the supervised learning problem with observations drawn from certain general stationary stochastic processes. Here by \emph{general}, we mean that many stationary stochastic processes can be included. We show that…

Machine Learning · Statistics 2016-05-11 Hanyuan Hang , Yunlong Feng , Ingo Steinwart , Johan A. K. Suykens

Generalised linear models for multi-class classification problems are one of the fundamental building blocks of modern machine learning tasks. In this manuscript, we characterise the learning of a mixture of $K$ Gaussians with generic means…

Algorithmic stability is an established tool for analyzing generalization. While adversarial training enhances model robustness, it often suffers from robust overfitting and an enlarged generalization gap. Although recent work has…

Machine Learning · Computer Science 2025-09-24 Hesam Hosseini , Ying Cao , Ali H. Sayed

This paper studies the probability of error associated with the social machine learning framework, which involves an independent training phase followed by a cooperative decision-making phase over a graph. This framework addresses the…

Machine Learning · Computer Science 2024-07-10 Ping Hu , Virginia Bordignon , Mert Kayaalp , Ali H. Sayed

We introduce a simple but effective method for managing risk in model-based reinforcement learning with trajectory sampling that involves probabilistic safety constraints and balancing of optimism in the face of epistemic uncertainty and…

Machine Learning · Computer Science 2023-09-12 Marin Vlastelica , Sebastian Blaes , Cristina Pineri , Georg Martius

We generalize the momentum indicator idea taking into account the volume of transactions as a multiplicative factor. We compare returns obtained following strategies based on the classical or the generalized technical analysis, taking into…

Statistical Mechanics · Physics 2025-10-20 M. Ausloos , K. Ivanova

This work presents a novel means for understanding learning dynamics and scaling relations in neural networks. We show that certain measures on the spectrum of the empirical neural tangent kernel, specifically entropy and trace, yield…

Machine Learning · Computer Science 2024-10-11 Samuel Tovey , Sven Krippendorf , Michael Spannowsky , Konstantin Nikolaou , Christian Holm

The Statistical Learning Theory (SLT) provides the theoretical guarantees for supervised machine learning based on the Empirical Risk Minimization Principle (ERMP). Such principle defines an upper bound to ensure the uniform convergence of…

Machine Learning · Computer Science 2018-05-15 Rodrigo Fernandes de Mello , Moacir Antonelli Ponti , Carlos Henrique Grossi Ferreira

Statistical machine learning theory often tries to give generalization guarantees of machine learning models. Those models naturally underlie some fluctuation, as they are based on a data sample. If we were unlucky, and gathered a sample…

Machine Learning · Computer Science 2022-11-21 Alexander Mey

Grokking, or delayed generalization, is an intriguing learning phenomenon where test set loss decreases sharply only after a model's training set loss has converged. This challenges conventional understanding of the training dynamics in…

Machine Learning · Computer Science 2025-02-05 Breno W. Carvalho , Artur S. d'Avila Garcez , Luís C. Lamb , Emílio Vital Brazil