Mihai Cucuringu

Dylan Sandfelder, Mihai Cucuringu, Xiaowen Dong

We introduce Adaptive Spectral Shaping, a data-driven framework for graph filtering that learns a reusable baseline spectral kernel and modulates it with a small set of Gaussian factors. The resulting multi-peak, multi-scale responses allocate energy to heterogeneous regions of the Laplacian spectrum while remaining interpretable via explicit centers and bandwidths. To scale, we implement filters with Chebyshev polynomial expansions, avoiding eigendecompositions. We further propose Transferable Adaptive Spectral Shaping (TASS): the baseline kernel is learned on source graphs and, on a target graph, kept fixed while only the shaping parameters are adapted, enabling few-shot transfer under matched compute. Across controlled synthetic benchmarks spanning graph families and signal regimes, Adaptive Spectral Shaping reduces reconstruction error relative to fixed-prototype wavelets and learned linear banks, and TASS yields consistent positive transfer. The framework provides compact spectral modules that plug into graph signal processing pipelines and graph neural networks, combining scalability, interpretability, and cross-graph generalization.

Jing Liu, Maria Grith, Xiaowen Dong et al.

This paper studies cross-market return predictability through a machine learning framework that preserves economic structure. Exploiting the non-overlapping trading hours of the U.S. and Chinese equity markets, we construct a directed bipartite graph that captures time-ordered predictive linkages between stocks across markets. Edges are selected via rolling-window hypothesis testing, and the resulting graph serves as a sparse, economically interpretable feature-selection layer for downstream machine learning models. We apply a range of regularized and ensemble methods to forecast open-to-close returns using lagged foreign-market information. Our results reveal a pronounced directional asymmetry: U.S. previous-close-to-close returns contain substantial predictive information for Chinese intraday returns, whereas the reverse effect is limited. This informational asymmetry translates into economically meaningful performance differences and highlights how structured machine learning frameworks can uncover cross-market dependencies while maintaining interpretability.