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Qlib: An AI-oriented Quantitative Investment Platform

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arxiv 2009.11189 v1 pith:LYXZF7HB submitted 2020-09-22 q-fin.GN cs.LGq-fin.PM

classification q-fin.GNcs.LGq-fin.PM
keywords investmentquantitativetechnologieschallengesaimsfinancialinfrastructurepotential
verification ladder T0 review T1 audit T2 compute T3 formal
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Quantitative investment aims to maximize the return and minimize the risk in a sequential trading period over a set of financial instruments. Recently, inspired by rapid development and great potential of AI technologies in generating remarkable innovation in quantitative investment, there has been increasing adoption of AI-driven workflow for quantitative research and practical investment. In the meantime of enriching the quantitative investment methodology, AI technologies have raised new challenges to the quantitative investment system. Particularly, the new learning paradigms for quantitative investment call for an infrastructure upgrade to accommodate the renovated workflow; moreover, the data-driven nature of AI technologies indeed indicates a requirement of the infrastructure with more powerful performance; additionally, there exist some unique challenges for applying AI technologies to solve different tasks in the financial scenarios. To address these challenges and bridge the gap between AI technologies and quantitative investment, we design and develop Qlib that aims to realize the potential, empower the research, and create the value of AI technologies in quantitative investment.

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Cited by 7 Pith papers

Reviewed papers in the Pith corpus that reference this work. Sorted by Pith novelty score. Full citation record

  1. Cognitive Alpha Mining via LLM-Driven Code-Based Evolution

    cs.CL 2025-11 unverdicted novelty 7.0 of 10

    CogAlpha combines LLM reasoning with code-level evolutionary search to discover financial alphas that show higher predictive accuracy and generalization than prior methods on five stock datasets.

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    LLMs are unreliable when asked to emit buy/sell/hold actions, so this paper benchmarks them as code-writing quantitative researchers whose generated strategies are backtested deterministically.

  4. AlphaEval: A Comprehensive and Efficient Evaluation Framework for Formula Alpha Mining

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  5. Learning from Expert Factors: Trajectory-level Reward Shaping for Formulaic Alpha Mining

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  7. Towards Autonomous Formulaic Alpha Discovery: An Evolutionary Computation Perspective

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    A review that reframes automated trading-signal (alpha) discovery as noisy, dynamic, multiobjective evolutionary optimization, and proposes six-component and eight-dimension frameworks for comparing and evaluating methods.

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