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Related papers: Asset Pricing in Pre-trained Transformer

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Recognizing that asset markets generally exhibit shared informational characteristics, we develop a portfolio strategy based on transfer learning that leverages cross-market information to enhance the investment performance in the market of…

Portfolio Management · Quantitative Finance 2025-11-27 Kexin Wang , Xiaomeng Zhang , Xinyu Zhang

Most of the empirical studies on stochastic volatility dynamics favor the 3/2 specification over the square-root (CIR) process in the Heston model. In the context of option pricing, the 3/2 stochastic volatility model is reported to be able…

Pricing of Securities · Quantitative Finance 2015-05-01 Wendong Zheng , Pingping Zeng

The main challenge that sets transfer learning apart from traditional supervised learning is the distribution shift, reflected as the shift between the source and target models and that between the marginal covariate distributions. In this…

Machine Learning · Statistics 2024-04-02 Zelin He , Ying Sun , Jingyuan Liu , Runze Li

BERT (Bidirectional Encoder Representations from Transformers) and related pre-trained Transformers have provided large gains across many language understanding tasks, achieving a new state-of-the-art (SOTA). BERT is pre-trained on two…

Computation and Language · Computer Science 2020-06-22 Michael Glass , Alfio Gliozzo , Rishav Chakravarti , Anthony Ferritto , Lin Pan , G P Shrivatsa Bhargav , Dinesh Garg , Avirup Sil

This paper proposes a forecast-centric adaptive learning model that engages with the past studies on the order book and high-frequency data, with applications to hypothesis testing. In line with the past literature, we produce brackets of…

Statistical Finance · Quantitative Finance 2021-03-02 Parley Ruogu Yang

Transformer-based models have led to significant innovation in classical and practical subjects as varied as speech processing, natural language processing, and computer vision. On top of the Transformer, attention-based end-to-end…

Computation and Language · Computer Science 2022-05-19 Fu-Hao Yu , Kuan-Yu Chen

Despite their recent success, deep neural networks continue to perform poorly when they encounter distribution shifts at test time. Many recently proposed approaches try to counter this by aligning the model to the new distribution prior to…

Computer Vision and Pattern Recognition · Computer Science 2022-09-26 Samarth Sinha , Peter Gehler , Francesco Locatello , Bernt Schiele

Sequential recommendation (SR) aims to model users dynamic preferences from a series of interactions. A pivotal challenge in user modeling for SR lies in the inherent variability of user preferences. An effective SR model is expected to…

Information Retrieval · Computer Science 2023-08-14 Juyong Jiang , Peiyan Zhang , Yingtao Luo , Chaozhuo Li , Jae Boum Kim , Kai Zhang , Senzhang Wang , Xing Xie , Sunghun Kim

Prediction of stock price movements presents a formidable challenge in financial analytics due to the inherent volatility, non-stationarity, and nonlinear characteristics of market data. This paper introduces SPH-Net (Stock Price Prediction…

Computational Engineering, Finance, and Science · Computer Science 2025-09-22 Yiyang Wu , Hanyu Ma , Muxin Ge , Xiaoli Ma , Yadi Liu , Ye Aung Moe , Zeyu Han , Weizheng Xie

Motivated by recent advances in the spectral theory of auto-covariance matrices, we are led to revisit a reformulation of Markowitz' mean-variance portfolio optimization approach in the time domain. In its simplest incarnation it applies to…

Portfolio Management · Quantitative Finance 2016-06-22 Peter A. Bebbington , Reimer Kuehn

In this study, we integrate sentiment analysis within a financial framework by leveraging FinBERT, a fine-tuned BERT model specialized for financial text, to construct an advanced deep learning model based on Long Short-Term Memory (LSTM)…

Statistical Finance · Quantitative Finance 2025-06-12 Tingsong Jiang , Qingyun Zeng

Transformer models have achieved state-of-the-art results across a diverse range of domains. However, concern over the cost of training the attention mechanism to learn complex dependencies between distant inputs continues to grow. In…

Detecting payment fraud in real-world banking streams requires models that can exploit both the order of events and the irregular time gaps between them. We introduce FraudTransformer, a sequence model that augments a vanilla GPT-style…

In this work we propose for the first time a transformer-based framework for unsupervised representation learning of multivariate time series. Pre-trained models can be potentially used for downstream tasks such as regression and…

Machine Learning · Computer Science 2020-12-10 George Zerveas , Srideepika Jayaraman , Dhaval Patel , Anuradha Bhamidipaty , Carsten Eickhoff

There has been much interest in accurate cryptocurrency price forecast models by investors and researchers. Deep Learning models are prominent machine learning techniques that have transformed various fields and have shown potential for…

Machine Learning · Computer Science 2024-06-04 Jingyang Wu , Xinyi Zhang , Fangyixuan Huang , Haochen Zhou , Rohtiash Chandra

Transfer learning is beneficial for survival analysis, especially when the target study has a limited number of events. However, existing transfer learning methods rely on the restrictive assumption that the target and source studies share…

Methodology · Statistics 2026-03-13 Yu Gu , Donglin Zeng , D. Y. Lin

Transformers have recently taken the center stage in language modeling after LSTM's were considered the dominant model architecture for a long time. In this project, we investigate the performance of the Transformer architectures-BERT and…

Computation and Language · Computer Science 2020-03-30 Abhilash Jain , Aku Ruohe , Stig-Arne Grönroos , Mikko Kurimo

Time series forecasting plays a critical role in domains such as energy, finance, and healthcare, where accurate predictions inform decision-making under uncertainty. Although Transformer-based models have demonstrated success in sequential…

Machine Learning · Computer Science 2025-05-27 Ali Forootani , Mohammad Khosravi

Tremendous amounts of multimedia associated with speech information are driving an urgent need to develop efficient and effective automatic summarization methods. To this end, we have seen rapid progress in applying supervised deep neural…

Computation and Language · Computer Science 2020-06-03 Shi-Yan Weng , Tien-Hong Lo , Berlin Chen

In this paper we introduce a multi-agent deep-learning method which trades in the Futures markets based on the US S&P 500 index. The method (referred to as Model A) is an innovation founded on existing well-established machine-learning…

Trading and Market Microstructure · Quantitative Finance 2024-08-22 CJ Finnegan , James F. McCann , Salissou Moutari