Quantitative ResearchPPR-01
PortBench: A Correlation-Aware, Full-Pipeline Benchmark for LLM-Driven Portfolio Management
This study introduces PortBench, a benchmarking framework designed to evaluate large language models (LLMs) on portfolio management tasks. Unlike existing benchmarks, PortBench covers six heterogeneous asset classes and includes a static QA dataset and a dynamic five-stage allocation pipeline, along with two novel metrics to assess correlation and error compounding, providing a more comprehensive evaluation for real-world financial decision-making.
#Portfolio Management#Large Language Models#Benchmark
AI × QuantPPR-02
AutoREC: A Reinforcement Learning Platform for Automated Equivalent Circuit Model Generation
This study introduces AutoREC, an open-source Python platform that uses reinforcement learning (RL) to automatically generate equivalent circuit models (ECMs) from electrochemical impedance spectroscopy (EIS) data, replacing manual trial-and-error, and suitable for autonomous experimental pipelines such as self-driving laboratories.
#reinforcement learning#equivalent circuit model#electrochemical impedance spectroscopy
Quantitative ResearchPPR-03
End-to-End Neural Covariance Estimation for Portfolios with Illiquid Small-Cap Stocks
This paper introduces a neural covariance estimator that handles indefinite pairwise correlation matrices arising from incomplete data, improving portfolio optimization for small-cap-inclusive universes, with out-of-sample volatility reduction and Sharpe ratio enhancement.
#Covariance Estimation#Correlation Matrix#Neural Networks
Quantitative ResearchPPR-04
What Survives Honest Evaluation? Leakage-Safe, Search-Aware Assessment of LLM-Driven Trading Strategy Discovery
A new framework structurally corrects common methodological flaws in LLM-driven trading strategy research, namely look-ahead bias and unaccounted search intensity. By excluding look-ahead via registry-validated tools and recording all evaluations to deflate performance, it provides a more realistic assessment of LLM-discovered strategies and quantifies evidence thresholds for passive benchmarks and human rules.
#LLM#Trading Strategy#Look-ahead Bias
Quantitative ResearchPPR-05
Agentic Quantitative Trading: A Survey of Workflows, Systems, and Evaluation
This survey reviews agentic quantitative trading, covering five stages: factor mining, signal discovery, portfolio construction, execution, and risk management. It highlights that current systems focus on signal discovery, multi-agent reliance on aggregation, and that strong predictive capability does not ensure live trading performance.
#agentic trading#quantitative trading#multi-agent systems
AI × QuantPPR-06
RLVR Narrows Solution Space at Entrance, Parameter Interpolation Restores Coverage
This study localizes the contraction of policy solution space in RLVR to the entrance stage, and shows that targeted interventions can recover diversity without sacrificing pass@1.
#reinforcement learning#verifiable rewards#solution space contraction