WallStreetDebug>_ Wall Street, debugged.
Markets
Subscribe
Section

AI x Markets Research

Studies on AI and markets from universities, central banks and labs worldwide, summarized with the primary source.

AI x Markets ResearchAI trading strategies lose their edge in 20 years of backtests

Researchers from Edinburgh, Sungkyunkwan, UCLA and Oxford rebuilt the tests behind two well-known LLM trading agents and stretched them from months to two decades. The headline gains did not hold up.

2004 to 2024Backtest period
0.703Best Sharpe ratio: buy and holdContext: n=63 stocks · 2004 to 2024 · FINSABER Table 4 · CI: not disclosed
0.241FinAgent Sharpe, same testContext: n=63 stocks · 2004 to 2024 · FINSABER Table 4 · CI: not disclosed
AI x Markets Research ·