# DeepClair: Utilizing Market Forecasts for Effective Portfolio Selection

arXiv: https://arxiv.org/abs/2407.13427 · HTML: https://mlsanity.com/paper/2407.13427/

## Key facts

- Cited by 2 papers in the map (data through 14 Oct 2026).
- Builds on 24 of its 53 references that are in the map.
- First posted on arXiv 18 Jul 2024.

## Builds on (most cited first, 24 of 24)

- [Attention Is All You Need](https://mlsanity.com/paper/1706.03762/) (2017)
- [Training language models to follow instructions with human feedback](https://mlsanity.com/paper/2203.02155/) (2022)
- [LoRA: Low-Rank Adaptation of Large Language Models](https://mlsanity.com/paper/2106.09685/) (2021)
- [Soft Actor-Critic: Off-Policy Maximum Entropy Deep Reinforcement Learning with a Stochastic Actor](https://mlsanity.com/paper/1801.01290/) (2018)
- [Parameter-Efficient Transfer Learning for NLP](https://mlsanity.com/paper/1902.00751/) (2019)
- [Deep reinforcement learning from human preferences](https://mlsanity.com/paper/1706.03741/) (2017)
- [The Power of Scale for Parameter-Efficient Prompt Tuning](https://mlsanity.com/paper/2104.08691/) (2021)
- [Learning to summarize from human feedback](https://mlsanity.com/paper/2009.01325/) (2020)
- [Asynchronous Methods for Deep Reinforcement Learning](https://mlsanity.com/paper/1602.01783/) (2016)
- [Informer: Beyond Efficient Transformer for Long Sequence Time-Series Forecasting](https://mlsanity.com/paper/2012.07436/) (2020)
- [Autoformer: Decomposition Transformers with Auto-Correlation for Long-Term Series Forecasting](https://mlsanity.com/paper/2106.13008/) (2021)
- [ProlificDreamer: High-Fidelity and Diverse Text-to-3D Generation with Variational Score Distillation](https://mlsanity.com/paper/2305.16213/) (2023)
- [mPLUG-Owl: Modularization Empowers Large Language Models with Multimodality](https://mlsanity.com/paper/2304.14178/) (2023)
- [Few-Shot Parameter-Efficient Fine-Tuning is Better and Cheaper than In-Context Learning](https://mlsanity.com/paper/2205.05638/) (2022)
- [Aligning Large Multimodal Models with Factually Augmented RLHF](https://mlsanity.com/paper/2309.14525/) (2023)
- [TALLRec: An Effective and Efficient Tuning Framework to Align Large Language Model with Recommendation](https://mlsanity.com/paper/2305.00447/) (2023)
- [AutoFormer: Searching Transformers for Visual Recognition](https://mlsanity.com/paper/2107.00651/) (2021)
- [A Deep Reinforcement Learning Framework for the Financial Portfolio Management Problem](https://mlsanity.com/paper/1706.10059/) (2017)
- [Parameter-Efficient Orthogonal Finetuning via Butterfly Factorization](https://mlsanity.com/paper/2311.06243/) (2023)
- [Spatio-Temporal Meta-Graph Learning for Traffic Forecasting](https://mlsanity.com/paper/2211.14701/) (2022)
- [Bi-LORA: A Vision-Language Approach for Synthetic Image Detection](https://mlsanity.com/paper/2404.01959/) (2024)
- [DeepScalper: A Risk-Aware Reinforcement Learning Framework to Capture Fleeting Intraday Trading Opportunities](https://mlsanity.com/paper/2201.09058/) (2021)
- [MetaTrader: An Reinforcement Learning Approach Integrating Diverse Policies for Portfolio Optimization](https://mlsanity.com/paper/2210.01774/) (2022)
- [Transformer-Based Deep Learning Model for Stock Price Prediction: A Case Study on Bangladesh Stock Market](https://mlsanity.com/paper/2208.08300/) (2022)

## Built on by (most cited first, 2 of 2)

- [DeepAries: Adaptive Rebalancing Interval Selection for Enhanced Portfolio Selection](https://mlsanity.com/paper/2510.14985/) (2025)
- [Bayesian Robust Financial Trading with Adversarial Synthetic Market Data](https://mlsanity.com/paper/2601.17008/) (2026)

## Abstract (arXiv)

Utilizing market forecasts is pivotal in optimizing portfolio selection strategies. We introduce DeepClair, a novel framework for portfolio selection. DeepClair leverages a transformer-based time-series forecasting model to predict market trends, facilitating more informed and adaptable portfolio decisions. To integrate the forecasting model into a deep reinforcement learning-driven portfolio selection framework, we introduced a two-step strategy: first, pre-training the time-series model on market data, followed by fine-tuning the portfolio selection architecture using this model. Additionally, we investigated the optimization technique, Low-Rank Adaptation (LoRA), to enhance the pre-trained forecasting model for fine-tuning in investment scenarios. This work bridges market forecasting and portfolio selection, facilitating the advancement of investment strategies.