mlsanityData to 14 Oct 2026

From Narrative to Auditable Forecasts: A Structured Scaffold for Agentic Forecasting

arXiv 2609.05905 ↗First posted 5 Sep 2026cs.CL cs.LGcited by 0

On the map: LLM agents and tool use → Financial trading and forecasting agents

Abstract (arXiv)

LLM agents are increasingly used for live forecasting, where they retrieve up-to-date information and produce estimates for unresolved future events. However, current agentic forecasting often relies on implicit narrative aggregation: agents collect evidence, discuss it in prose, and often assign a probability without an explicit update path from evidence to forecast. This limits both forecasting accuracy and auditability. We propose AuditForecast, an agentic scaffold for structured probabilistic forecasting. AuditForecast first anchors the forecast with a suitable quantitative baseline model, uses model-guided data retrieval to derive a base probability, and then applies situational factor updates outside the model's scope through mechanical aggregation in odds space. This turns forecasting from a prose-based judgment into a structured process with explicit intermediate objects. Across multiple live forecasting benchmarks, AuditForecast improves forecasting accuracy and calibration relative to strong agentic baselines, surpasses market-implied references in several settings, and outperforms substantially more expensive deep-research agents while remaining Pareto-dominant in the cost--accuracy tradeoff. Beyond performance gains, AuditForecast produces an auditable forecasting report that makes forecast construction explicit and supports systematic post hoc analysis.

Key facts. No citing papers in the map yet (data through 14 Oct 2026). Placed in Financial trading and forecasting agents, one of 16 directions in LLM agents and tool use. Builds on 15 of its 24 references that are in the map. First posted on arXiv 5 Sep 2026.

Builds on

15 of 24 references.

Closest ancestors · 2

Same direction, newest first

  1. 2025FutureX: An Advanced Live Benchmark for LLM Agents in Future Prediction16 Aug
  2. 2024From News to Forecast: Integrating Event Analysis in LLM-Based Time Series Forecasting with Reflection26 Sep

Other references · 13

  1. 2022ReAct: Synergizing Reasoning and Acting in Language Modelscited by 8,695
  2. 2023Direct Preference Optimization: Your Language Model is Secretly a Reward Modelcited by 8,065
  3. 2023Toolformer: Language Models Can Teach Themselves to Use Toolscited by 4,182
  4. 2025DeepResearch Bench: A Comprehensive Benchmark for Deep Research Agentscited by 248
  5. 2024ForecastBench: A Dynamic Benchmark of AI Forecasting Capabilitiescited by 110
  6. 2024Approaching Human-Level Forecasting with Language Modelscited by 107
  7. 2024Wisdom of the Silicon Crowd: LLM Ensemble Prediction Capabilities Rival Human Crowd Accuracycited by 67
  8. 2025LLM-as-a-Prophet: Understanding Predictive Intelligence with Prophet Arenacited by 40
  9. 2023Large Language Model Prediction Capabilities: Evidence from a Real-World Forecasting Tournamentcited by 24
  10. 2025Outcome-based Reinforcement Learning to Predict the Futurecited by 22
  11. 2025Scaling Open-Ended Reasoning to Predict the Futurecited by 21
  12. 2025LLMs Can Teach Themselves to Better Predict the Futurecited by 14
1 more
  1. 2025Prompt Engineering Large Language Models' Forecasting Capabilitiescited by 5

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  1. 2026When Should Forecasting Agents Reason? Behavioral Stress Tests for Reliability Routing
  2. 2026Position: Beyond Model-Centric Prediction -- Agentic Time Series Forecasting
  3. 2026Agentic Forecasting using Sequential Bayesian Updating of Linguistic Beliefs
  4. 2026When Tomorrow Becomes Today: Self-Evolving Policies for Agentic Time-Series Forecasting
  5. 2026ForecastCompass: Guiding Agentic Forecasting with Adaptive Factor Memory
  6. 2026TimeSeek: Temporal Reliability of Agentic Forecasters
  7. 2026WorldReasoner: Evaluating Whether Language Model Agents Forecast Events with Valid Reasoning
  8. 2026FinDeepForecast: A Live Multi-Agent System for Benchmarking Deep Research Agents in Financial Forecasting