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We construct the maximally predictable portfolio (MPP) of stocks using machine learning. Solving for the optimal constrained weights in the multi-asset MPP gives portfolios with a high monthly coefficient of determination, given the sample…

Computational Finance · Quantitative Finance 2023-11-06 Michael Pinelis , David Ruppert

This paper develops an autonomous framework for systematic factor investing via agentic AI. Rather than relying on sequential manual prompts, our approach operationalizes the model as a self-directed engine that endogenously formulates…

Portfolio Management · Quantitative Finance 2026-04-07 Allen Yikuan Huang , Zheqi Fan

We examine machine learning and factor-based portfolio optimization. We find that factors based on autoencoder neural networks exhibit a weaker relationship with commonly used characteristic-sorted portfolios than popular dimensionality…

Portfolio Management · Quantitative Finance 2021-07-30 Thomas Conlon , John Cotter , Iason Kynigakis

To address the challenges of untimely detection and online monitoring lag in injection molding quality anomalies, this study proposes a mixed feature attention-artificial neural network (MFA-ANN) model for high-precision online prediction…

Machine Learning · Computer Science 2025-06-25 Maoyuan Li , Sihong Li , Guancheng Shen , Yun Zhang , Huamin Zhou

Portfolio management (PM) is a fundamental financial trading task, which explores the optimal periodical reallocation of capitals into different stocks to pursue long-term profits. Reinforcement learning (RL) has recently shown its…

Portfolio Management · Quantitative Finance 2024-02-28 Wentao Zhang , Yilei Zhao , Shuo Sun , Jie Ying , Yonggang Xie , Zitao Song , Xinrun Wang , Bo An

This paper develops a machine learning-driven portfolio optimization framework for virtual bidding in electricity markets considering both risk constraint and price sensitivity. The algorithmic trading strategy is developed from the…

Machine Learning · Computer Science 2021-04-08 Yinglun Li , Nanpeng Yu , Wei Wang

In quantitative finance, machine learning methods are essential for alpha generation. This study introduces a new approach that combines Hidden Markov Models (HMM) and neural networks, integrated with Black-Litterman portfolio optimization.…

Portfolio Management · Quantitative Finance 2025-11-18 Tiago Monteiro

Quantitative investment is a fundamental financial task that highly relies on accurate stock prediction and profitable investment decision making. Despite recent advances in deep learning (DL) have shown stellar performance on capturing…

Trading and Market Microstructure · Quantitative Finance 2022-07-18 Shuo Sun , Rundong Wang , Bo An

In order to protect brokers from customer defaults in a volatile market, an active margin system is proposed for the transactions of margin lending in China. The probability of negative return under the condition that collaterals are…

Risk Management · Quantitative Finance 2011-01-21 Guanghui Huang , Jianping Wan , Cheng Chen

Sample complexity bounds are a common performance metric in the Reinforcement Learning literature. In the discounted cost, infinite horizon setting, all of the known bounds have a factor that is a polynomial in $1/(1-\gamma)$, where $\gamma…

Machine Learning · Computer Science 2020-07-09 Adithya M. Devraj , Sean P. Meyn

In this paper, we introduce EvoPort, a novel evolutionary portfolio optimization method that leverages stochastic exploration over a spectrum of investment pipeline depths. From raw equity data, we employ a randomized feature generation…

Computation · Statistics 2025-06-11 Nguyen Van Thanh , Nguyen Thi Hau

The natural Hilbert Space of quantum particles can implement maximum-likelihood (ML) decoding of classical information. The 'Quantum Product Algorithm' (QPA) is computed on a Factor Graph, where function nodes are unitary matrix operations…

Quantum Physics · Physics 2007-05-23 Matthew G. Parker

High-dimensional measurements are often correlated which motivates their approximation by factor models. This holds also true when features are engineered via low-dimensional interactions or kernel tricks. This often results in over…

Applications · Statistics 2025-09-03 Xiaonan Zhu , Bingyan Wang , Jianqing Fan

Deep reinforcement learning has shown promise in trade execution, yet its use in low-frequency factor portfolio construction remains under-explored. A key obstacle is the high-dimensional, unbalanced state space created by stocks that enter…

Computational Engineering, Finance, and Science · Computer Science 2025-09-23 Junlin Liu

We study the dynamic evolution of cross-correlations in the Chinese stock market mainly based on the random matrix theory (RMT). The correlation matrices constructed from the return series of 367 A-share stocks traded on the Shanghai Stock…

Statistical Finance · Quantitative Finance 2017-02-08 Fei Ren , Wei-Xing Zhou

Artificial Intelligence (AI) and Machine Learning (ML) are transforming the domain of Quantitative Trading (QT) through the deployment of advanced algorithms capable of sifting through extensive financial datasets to pinpoint lucrative…

Trading and Market Microstructure · Quantitative Finance 2023-12-27 Maochun Xu , Zixun Lan , Zheng Tao , Jiawei Du , Zongao Ye

Portfolio management remains a crucial challenge in finance, with traditional methods often falling short in complex and volatile market environments. While deep reinforcement approaches have shown promise, they still face limitations in…

Machine Learning · Computer Science 2025-03-07 Fengchen Gu , Zhengyong Jiang , Ángel F. García-Fernández , Angelos Stefanidis , Jionglong Su , Huakang Li

Cryptocurrency trading represents a nascent field of research, with growing adoption in industry. Aided by its decentralised nature, many metrics describing cryptocurrencies are accessible with a simple Google search and update frequently,…

Trading and Market Microstructure · Quantitative Finance 2023-07-27 Tom Liu , Stefan Zohren

Making consistently profitable financial decisions in a continuously evolving and volatile stock market has always been a difficult task. Professionals from different disciplines have developed foundational theories to anticipate price…

Machine Learning · Computer Science 2025-11-11 Ruoyu Guo , Haochen Qiu , Xuelun Hou

Bernoulli factory MCMC algorithms implement accept-reject Markov chains without explicit computation of acceptance probabilities, and are used to target posterior distributions associated with intractable likelihood models. Intractable…

Computation · Statistics 2025-07-18 Timothée Stumpf-Fétizon , Flávio B. Gonçalves