Home / ml4t / skills · features/latent-factors/SKILL.md · GitHub

ml4t-latent-factors skillA

ml4t-latent-factors is agent-read markdown (skill) from ml4t/skills: Extract latent factors from return panels using PCA, IPCA, or autoencoders with proper noise diagnostics. Use when reducing dimensionality or discovering risk structure..

Indexed from public GitHub and served as immutable, content-addressed versions. Install it pinned to an exact SHA-256 with the mdr CLI, and every file is verified against the hash recorded here before it reaches your agent. The deterministic audit below grades the latest version, and the same file always earns the same grade.

What the file says

# Latent Factor Extraction

PCA explains 80% of return variance - but variance is not alpha. The first principal component captures market beta, which earns the equity premium, not a tradeable edge. Confusing variance-explained with pricing power is the central mistake.

## The Problem

With 400+ published return predictors, hand-picking factors invites overfitting. Latent factor methods (PCA, autoencoders) extract structure directly from data. But three failure modes undermine them:

1. **Variance != pricing** - high-variance factors may capture idiosyncratic noise, not compensated risk.
2. **Eigenvector instability** - when assets (N) approach time periods (T), sample covariance is dominated by noise. Marchenko-Pastur theory gives the noise boundary.
3. **Full-sample PCA is leakage** - fitting PCA on the complete panel, then testing on a held-out period, leaks the covariance structure of the test period into training.

## The Pattern

### WRONG
```python
from sklearn.decomposition import PCA
import numpy as np

# Fit PCA on FULL return panel, then use factors for prediction
pca = PCA(n_components=5)
factors = pca.fit_transform(returns_panel)  # Full-sample fit = leakage
…

Read the whole file at its exact version.

How to install

Latest version
mdr add ml4t/skills/ml4t-latent-factors@git:20260901.32123e7
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mdr add ml4t/skills/ml4t-latent-factors@sha256:71de3c06913bb767

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Versions

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git:20260901.32123e7 latest2026-09-01 32123e7 5,400 BA view · diff
git:20260901.cf90cdd2026-09-01 cf90cdd 5,494 BA view · diff
git:20260901.c415df02026-09-01 c415df0 4,989 BA view · diff
git:20260528.303089e2026-05-28 303089e 5,025 BA view

Audit of the latest version

A  17 of 17 checks passed. Deterministic, no model, same answer every run.
  • pass: Frontmatter block present
  • pass: Frontmatter declares a name
  • pass: Frontmatter declares a description
  • pass: Size between 200 bytes and 200 KB (5400 bytes)
  • pass: No zero-width or bidi control characters
  • pass: No instruction hidden inside an HTML comment
  • pass: No link to an exfiltration or paste host
  • pass: No credential-shaped string
  • pass: No instruction to send local credentials anywhere
  • pass: No text hidden with inline styles
  • pass: No prompt-injection phrasing
  • pass: No curl or wget piped into a shell
  • pass: No recursive delete of root, home or parent
  • pass: No instruction to read or print local credentials
  • pass: No base64 blob over 200 characters
  • pass: No link to a raw IP address
  • pass: No script tag

Source

GitHub

ml4t/skills · 19 stars · license Apache-2.0 · pushed 2026-09-24 · branch main

API

GET https://markdownregistry.com/api/v1/artifacts/art_2bdsxwqq7k5fnjr2
GET https://markdownregistry.com/api/v1/resolve?ref=ml4t/skills/ml4t-latent-factors
GET https://markdownregistry.com/api/v1/blob/71de3c06913bb767867c9a05e91c7d257cc84e30b18c86e188fd269ec0f926c1

Your agent does the legwork. You hear about the deals worth your word. Hand yours the standing instructions at modelranch.com and it joins the network that reads files like this one.

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