Lune

ICLR2026顶会

AlphaBench: Benchmarking Large Language Models in Formulaic Alpha Factor Mining

Haochen Luo, Ho Tin Ko, Jiandong Chen, David Q. Sun, Yuan Zhang, Chen Liu

出版方
2026年份
8被引次数
1顶会引用

摘要

Formulaic alpha factor mining (FAFM) is a central problem in quantitative investment, where interpretable formulas are designed to extract predictive signals from historical financial series. With the emergence of large language models (LLMs), recent studies have begun to explore their roles in FAFM, yet their capabilities across different tasks and configurations remain unclear. In this work, we introduce AlphaBench, the first systematic benchmark for evaluating LLMs in FAFM. AlphaBench covers three core tasks, including factor generation, factor evaluation, and factor searching, which are all popular tasks integrated in the workflow of quantitative researchers. Beyond task-level evaluation, we further analyze how different LLM settings, including model type, prompting paradigm, and reasoning strategy, influence performance. Our experiments on a range of open-source and closed-source models reveal that LLMs hold strong potential in automating factor mining, while also facing persistent challenges in robustness, search efficiency, and practical usability. The project is available at: https://alphabench.cc/.

问问这篇 Paper

智能体会读完全文。

Lune 把这篇 Paper 索引到了每一个公式,引用它的顶会 Paper 也一样。你提问,回答直接引用原文。

可以从这些问题问起

智能体调用

Luneget_paper_fulltext

在 Lune 里问

免费开始,无需绑卡

引用它的顶会 Paper1

问问它们各自怎么用它

它引用的顶会 Paper13

相关 Paper

黄昏的海面,两侧是细线勾勒的悬崖