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Process capability indices such as $C_{pk}$ are widely used for manufacturing decisions, yet are typically applied via deterministic thresholding of finite-sample estimates, ignoring uncertainty and leading to unstable outcomes near the…

Applications · Statistics 2026-04-16 Fei Jiang , Lei Yang

We present a general framework for portfolio risk management in discrete time, based on a replicating martingale. This martingale is learned from a finite sample in a supervised setting. The model learns the features necessary for an…

Risk Management · Quantitative Finance 2022-05-09 Lucio Fernandez-Arjona , Damir Filipović

An resilience optimal evaluation of financial portfolios implies having plausible hypotheses about the multiple interconnections between the macroeconomic variables and the risk parameters. In this paper, we propose a graphical model for…

Applications · Statistics 2020-01-31 Helder Rojas , David Dias

Stress testing is an approach for evaluating the reliability of systems under extreme conditions which help reveal vulnerable scenarios that standard testing may overlook. Identifying such scenarios is of great importance in autonomous…

Robotics · Computer Science 2024-09-20 Linh Trinh , Quang-Hung Luu , Thai M. Nguyen , Hai L. Vu

Recent developments in deep learning techniques have motivated intensive research in machine learning-aided stock trading strategies. However, since the financial market has a highly non-stationary nature hindering the application of…

Portfolio Management · Quantitative Finance 2020-12-15 Kentaro Imajo , Kentaro Minami , Katsuya Ito , Kei Nakagawa

Assessing risk for voluminous legal documents such as request for proposal; contracts is tedious and error prone. We have developed "risk-o-meter", a framework, based on machine learning and natural language processing to review and assess…

Computation and Language · Computer Science 2019-12-04 Dipankar Chakrabarti , Neelam Patodia , Udayan Bhattacharya , Indranil Mitra , Satyaki Roy , Jayanta Mandi , Nandini Roy , Prasun Nandy

Accurate covariance forecasting is central to portfolio allocation, risk management, and asset pricing, yet many existing methods struggle at medium-term horizons, where shifting market regimes and slower dynamics predominate. We propose a…

Computational Engineering, Finance, and Science · Computer Science 2026-05-21 Pedro Reis , Ana Paula Serra , João Gama

Monitoring physiological responses to hemodynamic stress can help in determining appropriate treatment and ensuring good patient outcomes. Physicians' intuition suggests that the human body has a number of physiological response patterns to…

Machine Learning · Computer Science 2019-11-14 Chufan Gao , Fabian Falck , Mononito Goswami , Anthony Wertz , Michael R. Pinsky , Artur Dubrawski

Todays industrial control systems consist of tightly coupled components allowing adversaries to exploit security attack surfaces from the information technology side, and, thus, also get access to automation devices residing at the…

Software Engineering · Computer Science 2023-06-26 Mukund Bhole , Wolfgang Kastner , Thilo Sauter

We evaluate adversarial robustness in tabular machine learning models used in financial decision making. Using credit scoring and fraud detection data, we apply gradient based attacks and measure impacts on discrimination, calibration, and…

Machine Learning · Computer Science 2025-12-19 Samruddhi Baviskar

We present a deep learning approach for forecasting short-term employment changes and assessing long-term industry health using labor market data from the U.S. Bureau of Labor Statistics. Our system leverages a Long- and Short-Term…

Statistical Finance · Quantitative Finance 2025-07-04 Adam Nelson-Archer , Aleia Sen , Meena Al Hasani , Sofia Davila , Jessica Le , Omar Abbouchi

This paper addresses significant obstacles that arise from the widespread use of machine learning models in the insurance industry, with a specific focus on promoting fairness. The initial challenge lies in effectively leveraging unlabeled…

Machine Learning · Statistics 2024-05-21 Romuald Elie , Caroline Hillairet , François Hu , Marc Juillard

In an effort to regulate Machine Learning-driven (ML) systems, current auditing processes mostly focus on detecting harmful algorithmic biases. While these strategies have proven to be impactful, some values outlined in documents dealing…

Machine Learning · Computer Science 2022-06-20 Mireia Yurrita , Dave Murray-Rust , Agathe Balayn , Alessandro Bozzon

As the Internet grows in popularity, more and more classification jobs, such as IoT, finance industry and healthcare field, rely on mobile edge computing to advance machine learning. In the medical industry, however, good diagnostic…

Machine Learning · Computer Science 2022-11-10 Hang Yi , Tongxuan Bie , Tongjiang Yan

We present a novel three-stage framework leveraging Large Language Models (LLMs) within a risk-aware multi-agent system for automate strategy finding in quantitative finance. Our approach addresses the brittleness of traditional deep…

Portfolio Management · Quantitative Finance 2025-11-04 Zhizhuo Kou , Holam Yu , Junyu Luo , Jingshu Peng , Xujia Li , Chengzhong Liu , Juntao Dai , Lei Chen , Sirui Han , Yike Guo

Meta-learning (ML) has emerged as a promising learning method under resource constraints such as few-shot learning. ML approaches typically propose a methodology to learn generalizable models. In this work-in-progress paper, we put the…

Machine Learning · Computer Science 2022-03-07 Aroof Aimen , Sahil Sidheekh , Vineet Madan , Narayanan C. Krishnan

We introduce a novel machine learning model for credit risk by combining tree-boosting with a latent spatio-temporal Gaussian process model accounting for frailty correlation. This allows for modeling non-linearities and interactions among…

Risk Management · Quantitative Finance 2025-12-19 Pascal Kündig , Fabio Sigrist

We propose a universal end-to-end framework for portfolio optimization where asset distributions are directly obtained. The designed framework circumvents the traditional forecasting step and avoids the estimation of the covariance matrix,…

Portfolio Management · Quantitative Finance 2021-11-18 Chao Zhang , Zihao Zhang , Mihai Cucuringu , Stefan Zohren

Accurate load forecasting is crucial for maintaining the power balance between generators and consumers,particularly with the increasing integration of renewable energy sources, which introduce significant intermittent volatility. With the…

Systems and Control · Electrical Eng. & Systems 2024-09-04 Mingyang Gao , Suyang Zhou , Wei Gu , Zhi Wu , Haiquan Liu , Aihua Zhou

The paper focuses on predicting the Nifty 50 Index by using 8 Supervised Machine Learning Models. The techniques used for empirical study are Adaptive Boost (AdaBoost), k-Nearest Neighbors (kNN), Linear Regression (LR), Artificial Neural…

Statistical Finance · Quantitative Finance 2022-02-21 Gurjeet Singh