Chongyang Gao

Lili Wang, Chenghan Huang, Chongyang Gao et al.

In the pursuit of accurate and scalable quantitative methods for financial market analysis, the focus has shifted from individual stock models to those capturing interrelations between companies and their stocks. However, current relational stock methods are limited by their reliance on predefined stock relationships and the exclusive consideration of immediate effects. To address these limitations, we present a groundbreaking framework for financial market analysis. This approach, to our knowledge, is the first to jointly model investor expectations and automatically mine latent stock relationships. Comprehensive experiments conducted on China's CSI 300, one of the world's largest markets, demonstrate that our model consistently achieves an annual return exceeding 10%. This performance surpasses existing benchmarks, setting a new state-of-the-art standard in stock return prediction and multiyear trading simulations (i.e., backtesting).

Lili Wang, Chongyang Gao, Chenghan Huang et al.

Networks found in the real-world are numerous and varied. A common type of network is the heterogeneous network, where the nodes (and edges) can be of different types. Accordingly, there have been efforts at learning representations of these heterogeneous networks in low-dimensional space. However, most of the existing heterogeneous network embedding methods suffer from the following two drawbacks: (1) The target space is usually Euclidean. Conversely, many recent works have shown that complex networks may have hyperbolic latent anatomy, which is non-Euclidean. (2) These methods usually rely on meta-paths, which require domain-specific prior knowledge for meta-path selection. Additionally, different down-streaming tasks on the same network might require different meta-paths in order to generate task-specific embeddings. In this paper, we propose a novel self-guided random walk method that does not require meta-path for embedding heterogeneous networks into hyperbolic space. We conduct thorough experiments for the tasks of network reconstruction and link prediction on two public datasets, showing that our model outperforms a variety of well-known baselines across all tasks.