Minjae Kim

Gunhee Lee, Jonghwa Yim, Chanran Kim et al.

Despite recent success in conditional image synthesis, prevalent input conditions such as semantics and edges are not clear enough to express `Linear (Ridges)' and `Planar (Scale)' representations. To address this problem, we propose a novel framework StyLandGAN, which synthesizes desired landscape images using a depth map which has higher expressive power. Our StyleLandGAN is extended from the unconditional generation model to accept input conditions. We also propose a '2-phase inference' pipeline which generates diverse depth maps and shifts local parts so that it can easily reflect user's intend. As a comparison, we modified the existing semantic image synthesis models to accept a depth map as well. Experimental results show that our method is superior to existing methods in quality, diversity, and depth-accuracy.

Chanyeol Choi, Yoon Kim, Yu Yu et al.

Natural language processing (NLP) has been widely used in quantitative finance, but traditional methods often struggle to capture rich narratives in corporate disclosures, leaving potentially informative signals under-explored. Large language models (LLMs) offer a promising alternative due to their ability to extract nuanced semantics. In this paper, we ask whether semantic signals extracted by LLMs from corporate disclosures predict alpha, defined as abnormal returns beyond broad market movements and common risk factors. We introduce a simple framework, LLM as extractor, embedding as ruler, which extracts context-aware, metric-focused textual spans and quantifies semantic changes across consecutive disclosure periods using embedding-based similarity. This allows us to measure the degree of metric shifting -- how much firms move away from previously emphasized metrics, referred as moving targets. In experiments with portfolio and cross-sectional regression tests against a recent NER-based baseline, our method achieves more than twice the risk-adjusted alpha and shows significantly stronger predictive power. Qualitative analysis suggests that these gains stem from preserving contextual qualifiers and filtering out non-metric terms that keyword-based approaches often miss.

Junho Kim, Minjae Kim, Hyeonwoo Kang et al.

We propose a novel method for unsupervised image-to-image translation, which incorporates a new attention module and a new learnable normalization function in an end-to-end manner. The attention module guides our model to focus on more important regions distinguishing between source and target domains based on the attention map obtained by the auxiliary classifier. Unlike previous attention-based method which cannot handle the geometric changes between domains, our model can translate both images requiring holistic changes and images requiring large shape changes. Moreover, our new AdaLIN (Adaptive Layer-Instance Normalization) function helps our attention-guided model to flexibly control the amount of change in shape and texture by learned parameters depending on datasets. Experimental results show the superiority of the proposed method compared to the existing state-of-the-art models with a fixed network architecture and hyper-parameters. Our code and datasets are available at https://github.com/taki0112/UGATIT or https://github.com/znxlwm/UGATIT-pytorch.

Jonghwa Yim, Minjae Kim

Transformer is eminently suitable for auto-regressive image synthesis which predicts discrete value from the past values recursively to make up full image. Especially, combined with vector quantised latent representation, the state-of-the-art auto-regressive transformer displays realistic high-resolution images. However, sampling the latent code from discrete probability distribution makes the output unpredictable. Therefore, it requires to generate lots of diverse samples to acquire desired outputs. To alleviate the process of generating lots of samples repetitively, in this article, we propose to take a desired output, a style image, as an additional condition without re-training the transformer. To this end, our method transfers the style to a probability constraint to re-balance the prior, thereby specifying the target distribution instead of the original prior. Thus, generated samples from the re-balanced prior have similar styles to reference style. In practice, we can choose either an image or a category of images as an additional condition. In our qualitative assessment, we show that styles of majority of outputs are similar to the input style.