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Paper · arXiv

EverMine: Dissecting the Self-Evolution of Research Capabilities in Long-Horizon Alpha Research

Self-evolving agents aim to turn research feedback into reusable skills, tools, and research rules. Whether these accumulated capabilities continue to improve later research requires controlled evaluation. Long-horizon alpha discovery provides a state-dependent setting: once a new factor enters the portfolio, the predictive information already covered changes, so the value of the same candidate or experience may change over time. We introduce EverMine, an empirical framework for studying self-evolving research capabilities in long-horizon alpha discovery. EverMine decomposes the research state into history (Hist), the current factor portfolio (Frontier), and reusable capabilities (Cap). U...

AuthorsSiyuan Li, Jiangfeng Zhang, Rui Yao et al.
Primary categorycs.AI
Published27 September 2026
Last updated at source27 September 2026
cs.AIq-fin.ST
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