Alpha-GPT 2.0: Human-in-the-Loop AI for Quantitative Investment

Recently, we introduced a new paradigm for alpha mining in the realm of quantitative investment, developing a new interactive alpha mining system framework, Alpha-GPT. This system is centered on iterative Human-AI interaction based on large language models, introducing a Human-in-the-Loop approach to alpha discovery. In this paper, we present the next-generation Alpha-GPT 2.0 \footnote{Draft. Work in progress}, a quantitative investment framework that further encompasses crucial modeling and analysis phases in quantitative investment. This framework emphasizes the iterative, interactive research between humans and AI, embodying a Human-in-the-Loop strategy throughout the entire quantitative investment pipeline. By assimilating the insights of human researchers into the systematic alpha research process, we effectively leverage the Human-in-the-Loop approach, enhancing the efficiency and precision of quantitative investment research.

QuantAgent: Seeking Holy Grail in Trading by Self-Improving Large Language Model

Autonomous agents based on Large Language Models (LLMs) that devise plans and tackle real-world challenges have gained prominence.However, tailoring these agents for specialized domains like quantitative investment remains a formidable task. The core challenge involves efficiently building and integrating a domain-specific knowledge base for the agent's learning process. This paper introduces a principled framework to address this challenge, comprising a two-layer loop.In the inner loop, the agent refines its responses by drawing from its knowledge base, while in the outer loop, these responses are tested in real-world scenarios to automatically enhance the knowledge base with new insights.We demonstrate that our approach enables the agent to progressively approximate optimal behavior with provable efficiency.Furthermore, we instantiate this framework through an autonomous agent for mining trading signals named QuantAgent. Empirical results showcase QuantAgent's capability in uncovering viable financial signals and enhancing the accuracy of financial forecasts.

A Principled Framework for Knowledge-enhanced Large Language Model

Large Language Models (LLMs) are versatile, yet they often falter in tasks requiring deep and reliable reasoning due to issues like hallucinations, limiting their applicability in critical scenarios. This paper introduces a rigorously designed framework for creating LLMs that effectively anchor knowledge and employ a closed-loop reasoning process, enhancing their capability for in-depth analysis. We dissect the framework to illustrate the contribution of each component to the LLMs' performance, offering a theoretical assurance of improved reasoning under well-defined assumptions.

On the Evolution of Knowledge Graphs: A Survey and Perspective

Knowledge graphs (KGs) are structured representations of diversified knowledge. They are widely used in various intelligent applications. In this article, we provide a comprehensive survey on the evolution of various types of knowledge graphs (i.e., static KGs, dynamic KGs, temporal KGs, and event KGs) and techniques for knowledge extraction and reasoning. Furthermore, we introduce the practical applications of different types of KGs, including a case study in financial analysis. Finally, we propose our perspective on the future directions of knowledge engineering, including the potential of combining the power of knowledge graphs and large language models (LLMs), and the evolution of knowledge extraction, reasoning, and representation.

Alpha-GPT: Human-AI Interactive Alpha Mining for Quantitative Investment

One of the most important tasks in quantitative investment research is mining new alphas (effective trading signals or factors). Traditional alpha mining methods, either hand-crafted factor synthesizing or algorithmic factor mining (e.g., search with genetic programming), have inherent limitations, especially in implementing the ideas of quants. In this work, we propose a new alpha mining paradigm by introducing human-AI interaction, and a novel prompt engineering algorithmic framework to implement this paradigm by leveraging the power of large language models. Moreover, we develop Alpha-GPT, a new interactive alpha mining system framework that provides a heuristic way to ``understand'' the ideas of quant researchers and outputs creative, insightful, and effective alphas. We demonstrate the effectiveness and advantage of Alpha-GPT via a number of alpha mining experiments.

Think-on-Graph: Deep and Responsible Reasoning of Large Language Model with Knowledge Graph

Large language models (LLMs) have made significant strides in various tasks, yet they often struggle with complex reasoning and exhibit poor performance in scenarios where knowledge traceability, timeliness, and accuracy are crucial. To address these limitations, we present Think-on-Graph (ToG), a novel framework that leverages knowledge graphs to enhance LLMs' ability for deep and responsible reasoning. By employing ToG, we can identify entities relevant to a given question and conduct exploration and reasoning to retrieve related triples from an external knowledge database. This iterative procedure generates multiple reasoning pathways consisting of sequentially connected triplets until sufficient information is gathered to answer the question or the maximum depth is reached. Through experiments on complex multi-hop reasoning question-answering tasks, we demonstrate that ToG outperforms existing methods, effectively addressing the aforementioned limitations of LLMs without incurring additional training costs.

Transfer Attacks Revisited: A Large-Scale Empirical Study in Real Computer Vision Settings

One intriguing property of adversarial attacks is their "transferability" -- an adversarial example crafted with respect to one deep neural network (DNN) model is often found effective against other DNNs as well. Intensive research has been conducted on this phenomenon under simplistic controlled conditions. Yet, thus far, there is still a lack of comprehensive understanding about transferability-based attacks ("transfer attacks") in real-world environments. To bridge this critical gap, we conduct the first large-scale systematic empirical study of transfer attacks against major cloud-based MLaaS platforms, taking the components of a real transfer attack into account. The study leads to a number of interesting findings which are inconsistent to the existing ones, including: (1) Simple surrogates do not necessarily improve real transfer attacks. (2) No dominant surrogate architecture is found in real transfer attacks. (3) It is the gap between posterior (output of the softmax layer) rather than the gap between logit (so-called $\kappa$ value) that increases transferability. Moreover, by comparing with prior works, we demonstrate that transfer attacks possess many previously unknown properties in real-world environments, such as (1) Model similarity is not a well-defined concept. (2) $L_2$ norm of perturbation can generate high transferability without usage of gradient and is a more powerful source than $L_\infty$ norm. We believe this work sheds light on the vulnerabilities of popular MLaaS platforms and points to a few promising research directions.

Deep Graph Matching and Searching for Semantic Code Retrieval

Code retrieval is to find the code snippet from a large corpus of source code repositories that highly matches the query of natural language description. Recent work mainly uses natural language processing techniques to process both query texts (i.e., human natural language) and code snippets (i.e., machine programming language), however neglecting the deep structured features of natural language query texts and source codes, both of which contain rich semantic information. In this paper, we propose an end-to-end deep graph matching and searching (DGMS) model based on graph neural networks for semantic code retrieval. To this end, we first represent both natural language query texts and programming language codes with the unified graph-structured data, and then use the proposed graph matching and searching model to retrieve the best matching code snippet. In particular, DGMS not only captures more structural information for individual query texts or code snippets but also learns the fine-grained similarity between them by a cross-attention based semantic matching operation. We evaluate the proposed DGMS model on two public code retrieval datasets from two representative programming languages (i.e., Java and Python). The experiment results demonstrate that DGMS significantly outperforms state-of-the-art baseline models by a large margin on both datasets. Moreover, our extensive ablation studies systematically investigate and illustrate the impact of each part of DGMS.

Hierarchical Graph Matching Networks for Deep Graph Similarity Learning

While the celebrated graph neural networks yield effective representations for individual nodes of a graph, there has been relatively less success in extending to deep graph similarity learning. Recent work has considered either global-level graph-graph interactions or low-level node-node interactions, ignoring the rich cross-level interactions (e.g., between nodes and a whole graph). In this paper, we propose a Hierarchical Graph Matching Network (HGMN) for computing the graph similarity between any pair of graph-structured objects. Our model jointly learns graph representations and a graph matching metric function for computing graph similarities in an end-to-end fashion. The proposed HGMN model consists of a node-graph matching network for effectively learning cross-level interactions between nodes of a graph and a whole graph, and a siamese graph neural network for learning global-level interactions between two graphs. Our comprehensive experiments demonstrate that HGMN consistently outperforms state-of-the-art graph matching network baselines for both classification and regression tasks.