BreakGPT: Leveraging Large Language Models for Predicting Asset Price Surges

Aleksandr Simonyan

Papers from arXiv.org

Abstract: This paper introduces BreakGPT, a novel large language model (LLM) architecture adapted specifically for time series forecasting and the prediction of sharp upward movements in asset prices. By leveraging both the capabilities of LLMs and Transformer-based models, this study evaluates BreakGPT and other Transformer-based models for their ability to address the unique challenges posed by highly volatile financial markets. The primary contribution of this work lies in demonstrating the effectiveness of combining time series representation learning with LLM prediction frameworks. We showcase BreakGPT as a promising solution for financial forecasting with minimal training and as a strong competitor for capturing both local and global temporal dependencies.

Date: 2024-11
New Economics Papers: this item is included in nep-big, nep-cmp, nep-pay and nep-rmg
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