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Related papers: Asset Pricing in Pre-trained Transformer

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To answer this question, we fine-tune transformer-based language models, including BERT, on different sources of company-related text data for a classification task to predict the one-year stock price performance. We use three different…

Computation and Language · Computer Science 2022-02-07 Stefan Pasch , Daniel Ehnes

We introduce the Momentum Transformer, an attention-based deep-learning architecture, which outperforms benchmark time-series momentum and mean-reversion trading strategies. Unlike state-of-the-art Long Short-Term Memory (LSTM)…

Machine Learning · Computer Science 2022-11-24 Kieran Wood , Sven Giegerich , Stephen Roberts , Stefan Zohren

In modern capital market the price of a stock is often considered to be highly volatile and unpredictable because of various social, financial, political and other dynamic factors. With calculated and thoughtful investment, stock market can…

This paper explores the novel deep learning Transformers architectures for high-frequency Bitcoin-USDT log-return forecasting and compares them to the traditional Long Short-Term Memory models. A hybrid Transformer model, called…

Statistical Finance · Quantitative Finance 2023-02-28 Fazl Barez , Paul Bilokon , Arthur Gervais , Nikita Lisitsyn

The US stock market experienced instability following the recession (2007-2009). COVID-19 poses a significant challenge to US stock traders and investors. Traders and investors should keep up with the stock market. This is to mitigate risks…

Econometrics · Economics 2023-06-07 Reza Nematirad , Amin Ahmadisharaf , Ali Lashgari

Applications of deep learning in financial market prediction has attracted huge attention from investors and researchers. In particular, intra-day prediction at the minute scale, the dramatically fluctuating volume and stock prices within…

Statistical Finance · Quantitative Finance 2023-05-25 Yuze Lu , Hailong Zhang , Qiwen Guo

In financial trading, factor models are widely used to price assets and capture excess returns from mispricing. Recently, we have witnessed the rise of variational autoencoder-based latent factor models, which learn latent factors…

Machine Learning · Computer Science 2026-01-15 Yilei Zhao , Wentao Zhang , Tingran Yang , Yong Jiang , Fei Huang , Wei Yang Bryan Lim

Modern deep learning for asset allocation typically separates forecasting from optimization. We argue this creates a fundamental mismatch where minimizing prediction errors fails to yield robust portfolios. We propose the Signature Informed…

Machine Learning · Computer Science 2026-01-23 Yoontae Hwang , Stefan Zohren

The Transformer is a highly successful deep learning model that has revolutionised the world of artificial neural networks, first in natural language processing and later in computer vision. This model is based on the attention mechanism…

Machine Learning · Computer Science 2023-05-09 Riccardo Ughi , Eugenio Lomurno , Matteo Matteucci

Within the context of multivariate time series segmentation this paper proposes a method inspired by a posteriori optimal trading. After a normalization step time series are treated channel-wise as surrogate stock prices that can be traded…

Machine Learning · Statistics 2023-11-10 Mogens Graf Plessen

In this work, we introduce an innovative autoregressive model leveraging Generative Pretrained Transformer (GPT) architectures, tailored for fraud detection in payment systems. Our approach innovatively confronts token explosion and…

Machine Learning · Computer Science 2023-12-25 Ze Yu Zhao , Zheng Zhu , Guilin Li , Wenhan Wang , Bo Wang

The paper benchmarks several Transformer models [4], to show how these models can judge sentiment from a news event. This signal can then be used for downstream modelling and signal identification for commodity trading. We find that…

Statistical Finance · Quantitative Finance 2024-05-24 Edward Sharkey , Philip Treleaven

Real-world multinational e-commerce companies, such as Amazon and eBay, serve in multiple countries and regions. Some markets are data-scarce, while others are data-rich. In recent years, cross-market recommendation (XMR) has been proposed…

Information Retrieval · Computer Science 2024-08-28 Zheng Hu , Satoshi Nakagawa , Shi-Min Cai , Fuji Ren

This research aims to leverage machine learning to improve stock price prediction and support informed investment decisions related to buying, selling, and holding assets. Specifically, this work investigates transformer-based models for…

Statistical Finance · Quantitative Finance 2026-05-26 Marie Soehl Coolsaet , Roberto Gallardo , Zhen Gao

Traditional machine learning methods have been widely studied in financial innovation. My study focuses on the application of deep learning methods on asset pricing. I investigate various deep learning methods for asset pricing, especially…

Statistical Finance · Quantitative Finance 2022-09-27 Chen Zhang

In traditional quantitative trading practice, navigating the complicated and dynamic financial market presents a persistent challenge. Fully capturing various market variables, including long-term information, as well as essential signals…

Mathematical Finance · Quantitative Finance 2026-02-24 Zhaofeng Zhang , Banghao Chen , Shengxin Zhu , Nicolas Langrené

This study proposes a novel hybrid deep learning framework that integrates a Large Language Model (LLM) with a Transformer architecture for stock price forecasting. The research addresses a critical theoretical gap in existing approaches…

This paper introduces BreakGPT, a novel large language model (LLM) architecture adapted specifically for time series forecasting and the prediction of sharp upward movements in asset prices. By leveraging both the capabilities of LLMs and…

Statistical Finance · Quantitative Finance 2024-11-12 Aleksandr Simonyan

Finding effective representations for time series data is a useful but challenging task. Several works utilize self-supervised or unsupervised learning methods to address this. However, there still remains the open question of how to…

Machine Learning · Computer Science 2024-03-19 Yuansan Liu , Sudanthi Wijewickrema , Christofer Bester , Stephen O'Leary , James Bailey

Financial markets are an intriguing place that offer investors the potential to gain large profits if timed correctly. Unfortunately, the dynamic, non-linear nature of financial markets makes it extremely hard to predict future price…

Machine Learning · Computer Science 2023-05-09 Daniel Boyle , Jugal Kalita