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Received β€” 27 May 2026 ⏭ cs.AI, q-bio.NC updates on arXiv.org

Summoning the Oracle to Slay It: Mitigating Look-Ahead Bias in Financial Backtesting with Large Language Models

arXiv:2605.24564v1 Announce Type: new Abstract: Backtesting large language models (LLMs) on historical financial data is unreliable because pre-training cuts off after the events happened. An LLM trained in 2024 already "knows" which way 2018-2020 stocks moved. We name this failure parametric look-ahead bias and propose FinCAD, an inference-time adaptation of Context-Aware Decoding that suppresses an LLM's memory of historical outcomes without retraining. FinCAD pairs an adversarial bias-discovery pipeline that learns a model-specific memory-activating prior prompt with an entity- and date-adaptive rule that scales the CAD strength to per-(entity, date) memorisation, so the penalty fires on memorised in-sample dates and decays to zero out-of-sample. Across five 7-14B LLMs and five mega-cap equities, FinCAD cuts in-sample backtest returns by up to -67.1% on memorised dates while leaving 2025 out-of-sample returns within $8K and Sharpe within 0.10 of baseline, and preserves general-purpose reasoning within 1.7 pts. On an eleven-model leaderboard, it raises the in-sample / out-of-sample Spearman correlation from +0.779 to +0.846, recovering rankings that genuinely predict out-of-sample performance.
Received β€” 8 April 2026 ⏭ cs.AI, q-bio.NC updates on arXiv.org

Individual and Combined Effects of English as a Second Language and Typos on LLM Performance

arXiv:2604.04723v1 Announce Type: cross Abstract: Large language models (LLMs) are used globally, and because much of their training data is in English, they typically perform best on English inputs. As a result, many non-native English speakers interact with them in English as a second language (ESL), and these inputs often contain typographical errors. Prior work has largely studied the effects of ESL variation and typographical errors separately, even though they often co-occur in real-world use. In this study, we use the Trans-EnV framework to transform standard English inputs into eight ESL variants and apply MulTypo to inject typos at three levels: low, moderate, and severe. We find that combining ESL variation and typos generally leads to larger performance drops than either factor alone, though the combined effect is not simply additive. This pattern is clearest on closed-ended tasks, where performance degradation can be characterized more consistently across ESL variants and typo levels, while results on open-ended tasks are more mixed. Overall, these findings suggest that evaluations on clean standard English may overestimate real-world model performance, and that evaluating ESL variation and typographical errors in isolation does not fully capture model behavior in realistic settings.
Received β€” 4 April 2026 ⏭ cs.AI, q-bio.NC updates on arXiv.org

Do Emotions in Prompts Matter? Effects of Emotional Framing on Large Language Models

arXiv:2604.02236v1 Announce Type: new Abstract: Emotional tone is pervasive in human communication, yet its influence on large language model (LLM) behaviour remains unclear. Here, we examine how first-person emotional framing in user-side queries affect LLM performance across six benchmark domains, including mathematical reasoning, medical question answering, reading comprehension, commonsense reasoning and social inference. Across models and tasks, static emotional prefixes usually produce only small changes in accuracy, suggesting that affective phrasing is typically a mild perturbation rather than a reliable general-purpose intervention. This stability is not uniform: effects are more variable in socially grounded tasks, where emotional context more plausibly interacts with interpersonal reasoning. Additional analyses show that stronger emotional wording induces only modest extra change, and that human-written prefixes reproduce the same qualitative pattern as LLM-generated ones. We then introduce EmotionRL, an adaptive emotional prompting framework that selects emotional framing adaptively for each query. Although no single emotion is consistently beneficial, adaptive selection yields more reliable gains than fixed emotional prompting. Together, these findings show that emotional tone is neither a dominant driver of LLM performance nor irrelevant noise, but a weak and input-dependent signal that can be exploited through adaptive control.
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