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Nonlinear Factor Decomposition via Kolmogorov-Arnold Networks: A Spectral Approach to Asset Return Analysis

arXiv:2603.28257v2 Announce Type: replace-cross Abstract: KAN-PCA is an autoencoder that uses a KAN as encoder and a linear map as decoder. It generalizes classical PCA by replacing linear projections with learned B-spline functions on each edge. The motivation is to capture more variance than classical PCA, which becomes inefficient during market crises when the linear assumption breaks down and correlations between assets change dramatically.

arXiv CS 5d ago