4 papers
GAUGE: Grading Agent-Built Financial Models Without a Golden Answer
Jiacheng Lu, Sinuo Wang, Wentao Zhao +12
Financial models combine public disclosures with analyst assumptions to produce forecasts and valuations. While some components can be checked mechanically, forecasts, discount rat…
Trade-R1: Bridging Verifiable Rewards to Stochastic Environments via Process-Level Reasoning Verification
Rui Sun, Yifan Sun, Sheng Xu +5
Reinforcement Learning (RL) has enabled Large Language Models (LLMs) to achieve remarkable reasoning in domains like mathematics and coding, where verifiable rewards provide clear…
Alpha-R1: Alpha Screening with LLM Reasoning via Reinforcement Learning
Zuoyou Jiang, Li Zhao, Rui Sun +6
Signal decay and regime shifts pose recurring challenges for data-driven investment strategies in non-stationary markets. Conventional time-series and machine learning approaches,…
Reinforcement-Learning Portfolio Allocation with Dynamic Embedding of Market Information
Jinghai He, Cheng Hua, Chunyang Zhou +1
We develop a portfolio allocation framework that leverages deep learning techniques to address challenges arising from high-dimensional, non-stationary, and low-signal-to-noise mar…