Benchmarking Robustness of Deep Reinforcement Learning approaches to Online Portfolio Management

Fuente: arXiv
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Autori principali: Velay, Marc, Doan, Bich-Liên, Rimmel, Arpad, Popineau, Fabrice, Daniel, Fabrice
Natura: Preprint
Pubblicazione: 2023
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author Velay, Marc
Doan, Bich-Liên
Rimmel, Arpad
Popineau, Fabrice
Daniel, Fabrice
author_facet Velay, Marc
Doan, Bich-Liên
Rimmel, Arpad
Popineau, Fabrice
Daniel, Fabrice
contents Deep Reinforcement Learning approaches to Online Portfolio Selection have grown in popularity in recent years. The sensitive nature of training Reinforcement Learning agents implies a need for extensive efforts in market representation, behavior objectives, and training processes, which have often been lacking in previous works. We propose a training and evaluation process to assess the performance of classical DRL algorithms for portfolio management. We found that most Deep Reinforcement Learning algorithms were not robust, with strategies generalizing poorly and degrading quickly during backtesting.
format Preprint
id arxiv_https___arxiv_org_abs_2306_10950
institution arXiv
publishDate 2023
record_format arxiv
spellingShingle Benchmarking Robustness of Deep Reinforcement Learning approaches to Online Portfolio Management
Velay, Marc
Doan, Bich-Liên
Rimmel, Arpad
Popineau, Fabrice
Daniel, Fabrice
Machine Learning
Portfolio Management
Deep Reinforcement Learning approaches to Online Portfolio Selection have grown in popularity in recent years. The sensitive nature of training Reinforcement Learning agents implies a need for extensive efforts in market representation, behavior objectives, and training processes, which have often been lacking in previous works. We propose a training and evaluation process to assess the performance of classical DRL algorithms for portfolio management. We found that most Deep Reinforcement Learning algorithms were not robust, with strategies generalizing poorly and degrading quickly during backtesting.
title Benchmarking Robustness of Deep Reinforcement Learning approaches to Online Portfolio Management
topic Machine Learning
Portfolio Management
url https://arxiv.org/abs/2306.10950