MASTER: Market-Guided Stock Transformer for Stock Price Forecasting
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Abstract (arXiv)
Stock price forecasting has remained an extremely challenging problem for many decades due to the high volatility of the stock market. Recent efforts have been devoted to modeling complex stock correlations toward joint stock price forecasting. Existing works share a common neural architecture that learns temporal patterns from individual stock series and then mixes up temporal representations to establish stock correlations. However, they only consider time-aligned stock correlations stemming from all the input stock features, which suffer from two limitations. First, stock correlations often occur momentarily and in a cross-time manner. Second, the feature effectiveness is dynamic with market variation, which affects both the stock sequential patterns and their correlations. To address the limitations, this paper introduces MASTER, a MArkert-Guided Stock TransformER, which models the momentary and cross-time stock correlation and leverages market information for automatic feature selection. MASTER elegantly tackles the complex stock correlation by alternatively engaging in intra-stock and inter-stock information aggregation. Experiments show the superiority of MASTER compared with previous works and visualize the captured realistic stock correlation to provide valuable insights.
Key facts. Cited by 32 papers in the map (data through 14 Oct 2026). First posted on arXiv 23 Dec 2023.
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Citing papers per year: 2024: 3; 2025: 13; 2026: 16.
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- 2025R&D-Agent-Quant: A Multi-Agent Framework for Data-Centric Factors and Model Joint Optimizationcited by 43
- 2024LSR-IGRU: Stock Trend Prediction Based on Long Short-Term Relationships and Improved GRUcited by 11
- 2025MASS: Muli-agent simulation scaling for portfolio constructioncited by 9
- 2025RegimeFolio: A Regime Aware ML System for Sectoral Portfolio Optimization in Dynamic Marketscited by 7
- 2024A Survey of Financial AI: Architectures, Advances and Open Challengescited by 6
- 2026FinTexTS: Financial Text-Paired Time-Series Dataset via Semantic-Based and Multi-Level Pairingcited by 5
- 2024MCI-GRU: Stock Prediction Model Based on Multi-Head Cross-Attention and Improved GRUcited by 4
- 2025CSPO: Cross-Market Synergistic Stock Price Movement Forecasting with Pseudo-volatility Optimizationcited by 4
- 2025On Evaluating Loss Functions for Stock Ranking: An Empirical Analysis With Transformer Modelcited by 3
- 2025RefineBridge: Generative Bridge Models Improve Financial Forecasting by Foundation Modelscited by 3
- 2026FactorEngine: A Program-level Knowledge-Infused Factor Mining Framework for Quantitative Investmentcited by 3
- 2025Beyond Fixed Patches: Enhancing GPTs for Financial Prediction with Adaptive Segmentation and Learnable Waveletscited by 2
20 more
- 2025Mitigating Distribution Shift in Stock Price Data via Return-Volatility Normalization for Accurate Predictioncited by 1
- 2025Hermes: A Multi-Scale Spatial-Temporal Hypergraph Network for Stock Time Series Forecastingcited by 1
- 2026Integrating Inductive Biases in Transformers via Distillation for Financial Time Series Forecastingcited by 1
- 2026Vector-Quantized Discrete Latent Factors Meet Financial Priors: Dynamic Cross-Sectional Stock Ranking Prediction for Portfolio Constructioncited by 1
- 2025Adapting to the Unknown: Robust Meta-Learning for Zero-Shot Financial Time Series Forecastingcited by 0
- 2025Why Regression? Binary Encoding Classification Brings Confidence to Stock Market Index Price Predictioncited by 0
- 2025From Patterns to Predictions: A Shapelet-Based Framework for Directional Forecasting in Noisy Financial Marketscited by 0
- 2025Stock Prediction via a Dual Relation Fusion Network incorporating Static and Dynamic Relationscited by 0
- 2026Generalized Stock Price Prediction for Multiple Stocks Combined with News Fusioncited by 0
- 2026RAVEN: A Regime-Aware Variable-context Expert Network for Financial Time Series Forecastingcited by 0
- 2026Emergent Latent-State Computation under Stochastic Volatilitycited by 0
- 2026Nystr"om Attention Matches Full Attention for Cross-Sectional Stock Predictioncited by 0
- 2026AlphaDiverse: Post-Training Local Quantitative Research Agents for Diverse Exploration in Alpha Factor Miningcited by 0
- 2026RICE-Alpha: Reliability-Informed Correction with Event Graphs for LLM-Agent Stock Forecastingcited by 0
- 2026Volatility-Clustering Adaptation for Financial Time Seriescited by 0
- 2026DualCast: A Dual-Path Language Model for Bimodal Financial Time-Series Forecastingcited by 0
- 2026DIVINE: Simple Cross-Market Stock Pretraining via Diverse Indicator Reconstructioncited by 0
- 2026STOCK-JEPA: Prior-Anchored Latent Revision Representation Learning in Equity Marketscited by 0
- 2026DPAL: A Test-Time Adaptation Loss for Financial Time Series Forecastingcited by 0
- 2026World2TS: Real-World Event Context for Time-Series Forecastingcited by 0
- 2026World2TS: Real-World Event Context for Time-Series Forecasting10 Oct 2026
- 2026DPAL: A Test-Time Adaptation Loss for Financial Time Series Forecasting9 Oct 2026
- 2026STOCK-JEPA: Prior-Anchored Latent Revision Representation Learning in Equity Markets4 Oct 2026
- 2026DIVINE: Simple Cross-Market Stock Pretraining via Diverse Indicator Reconstruction2 Oct 2026
- 2026Volatility-Clustering Adaptation for Financial Time Series29 Sep 2026
- 2026RICE-Alpha: Reliability-Informed Correction with Event Graphs for LLM-Agent Stock Forecasting27 Sep 2026
- 2026AlphaDiverse: Post-Training Local Quantitative Research Agents for Diverse Exploration in Alpha Factor Mining24 Sep 2026
- 2026DualCast: A Dual-Path Language Model for Bimodal Financial Time-Series Forecasting18 Sep 2026
- 2026Nystr"om Attention Matches Full Attention for Cross-Sectional Stock Prediction8 Sep 2026
- 2026Emergent Latent-State Computation under Stochastic Volatility28 Jul 2026
- 2026RAVEN: A Regime-Aware Variable-context Expert Network for Financial Time Series Forecasting23 Jun 2026
- 2026Vector-Quantized Discrete Latent Factors Meet Financial Priors: Dynamic Cross-Sectional Stock Ranking Prediction for Portfolio Construction13 May 2026
20 more
- 2026Integrating Inductive Biases in Transformers via Distillation for Financial Time Series Forecasting17 Mar 2026
- 2026FactorEngine: A Program-level Knowledge-Infused Factor Mining Framework for Quantitative Investment17 Mar 2026
- 2026Generalized Stock Price Prediction for Multiple Stocks Combined with News Fusion8 Mar 2026
- 2026FinTexTS: Financial Text-Paired Time-Series Dataset via Semantic-Based and Multi-Level Pairing3 Mar 2026
- 2025RefineBridge: Generative Bridge Models Improve Financial Forecasting by Foundation Models25 Dec 2025
- 2025On Evaluating Loss Functions for Stock Ranking: An Empirical Analysis With Transformer Model15 Oct 2025
- 2025Stock Prediction via a Dual Relation Fusion Network incorporating Static and Dynamic Relations12 Oct 2025
- 2025Hermes: A Multi-Scale Spatial-Temporal Hypergraph Network for Stock Time Series Forecasting28 Sep 2025
- 2025From Patterns to Predictions: A Shapelet-Based Framework for Directional Forecasting in Noisy Financial Markets18 Sep 2025
- 2025RegimeFolio: A Regime Aware ML System for Sectoral Portfolio Optimization in Dynamic Markets14 Sep 2025
- 2025Mitigating Distribution Shift in Stock Price Data via Return-Volatility Normalization for Accurate Prediction13 Aug 2025
- 2025R&D-Agent-Quant: A Multi-Agent Framework for Data-Centric Factors and Model Joint Optimization21 May 2025
- 2025Why Regression? Binary Encoding Classification Brings Confidence to Stock Market Index Price Prediction18 May 2025
- 2025MASS: Muli-agent simulation scaling for portfolio construction15 May 2025
- 2025Beyond Fixed Patches: Enhancing GPTs for Financial Prediction with Adaptive Segmentation and Learnable Wavelets5 May 2025
- 2025Adapting to the Unknown: Robust Meta-Learning for Zero-Shot Financial Time Series Forecasting13 Apr 2025
- 2025CSPO: Cross-Market Synergistic Stock Price Movement Forecasting with Pseudo-volatility Optimization26 Mar 2025
- 2024A Survey of Financial AI: Architectures, Advances and Open Challenges1 Nov 2024
- 2024MCI-GRU: Stock Prediction Model Based on Multi-Head Cross-Attention and Improved GRU25 Sep 2024
- 2024LSR-IGRU: Stock Trend Prediction Based on Long Short-Term Relationships and Improved GRU26 Aug 2024
- 2025R&D-Agent-Quant: A Multi-Agent Framework for Data-Centric Factors and Model Joint Optimizationcited by 43
- 2025MASS: Muli-agent simulation scaling for portfolio constructioncited by 9
- 2026AlphaDiverse: Post-Training Local Quantitative Research Agents for Diverse Exploration in Alpha Factor Miningcited by 0
- 2026RICE-Alpha: Reliability-Informed Correction with Event Graphs for LLM-Agent Stock Forecastingcited by 0
- 2026RICE-Alpha: Reliability-Informed Correction with Event Graphs for LLM-Agent Stock Forecasting27 Sep 2026
- 2026AlphaDiverse: Post-Training Local Quantitative Research Agents for Diverse Exploration in Alpha Factor Mining24 Sep 2026
- 2025R&D-Agent-Quant: A Multi-Agent Framework for Data-Centric Factors and Model Joint Optimization21 May 2025
- 2025MASS: Muli-agent simulation scaling for portfolio construction15 May 2025
- 2024LSR-IGRU: Stock Trend Prediction Based on Long Short-Term Relationships and Improved GRUcited by 11
- 2025RegimeFolio: A Regime Aware ML System for Sectoral Portfolio Optimization in Dynamic Marketscited by 7
- 2024A Survey of Financial AI: Architectures, Advances and Open Challengescited by 6
- 2026FinTexTS: Financial Text-Paired Time-Series Dataset via Semantic-Based and Multi-Level Pairingcited by 5
- 2024MCI-GRU: Stock Prediction Model Based on Multi-Head Cross-Attention and Improved GRUcited by 4
- 2025CSPO: Cross-Market Synergistic Stock Price Movement Forecasting with Pseudo-volatility Optimizationcited by 4
- 2025On Evaluating Loss Functions for Stock Ranking: An Empirical Analysis With Transformer Modelcited by 3
- 2025RefineBridge: Generative Bridge Models Improve Financial Forecasting by Foundation Modelscited by 3
- 2026FactorEngine: A Program-level Knowledge-Infused Factor Mining Framework for Quantitative Investmentcited by 3
- 2025Beyond Fixed Patches: Enhancing GPTs for Financial Prediction with Adaptive Segmentation and Learnable Waveletscited by 2
- 2025Mitigating Distribution Shift in Stock Price Data via Return-Volatility Normalization for Accurate Predictioncited by 1
- 2025Hermes: A Multi-Scale Spatial-Temporal Hypergraph Network for Stock Time Series Forecastingcited by 1
12 most cited of 27 All 27 (JSON)
- 2026World2TS: Real-World Event Context for Time-Series Forecasting10 Oct 2026
- 2026DPAL: A Test-Time Adaptation Loss for Financial Time Series Forecasting9 Oct 2026
- 2026STOCK-JEPA: Prior-Anchored Latent Revision Representation Learning in Equity Markets4 Oct 2026
- 2026DIVINE: Simple Cross-Market Stock Pretraining via Diverse Indicator Reconstruction2 Oct 2026
- 2026Volatility-Clustering Adaptation for Financial Time Series29 Sep 2026
- 2026DualCast: A Dual-Path Language Model for Bimodal Financial Time-Series Forecasting18 Sep 2026
- 2026Nystr"om Attention Matches Full Attention for Cross-Sectional Stock Prediction8 Sep 2026
- 2026RAVEN: A Regime-Aware Variable-context Expert Network for Financial Time Series Forecasting23 Jun 2026
- 2026Vector-Quantized Discrete Latent Factors Meet Financial Priors: Dynamic Cross-Sectional Stock Ranking Prediction for Portfolio Construction13 May 2026
- 2026Integrating Inductive Biases in Transformers via Distillation for Financial Time Series Forecasting17 Mar 2026
- 2026FactorEngine: A Program-level Knowledge-Infused Factor Mining Framework for Quantitative Investment17 Mar 2026
- 2026Generalized Stock Price Prediction for Multiple Stocks Combined with News Fusion8 Mar 2026
12 newest of 27 All 27 (JSON)