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Principle:Shiyu coder Kronos Single Series Forecasting

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Field Value
principle_name Single_Series_Forecasting
repo Shiyu_coder_Kronos
domains Time_Series, Financial_Forecasting
last_updated 2026-02-09 14:00 GMT
implemented_by Implementation:Shiyu_coder_Kronos_KronosPredictor_Predict

Summary

Generating probabilistic candlestick forecasts for a single financial time series by normalizing input, encoding to tokens, autoregressively generating future tokens, and decoding back to price values.

Concept

Single-series forecasting in Kronos follows a complete encode-generate-decode pipeline applied to one financial time series at a time. The pipeline transforms raw OHLCV (Open, High, Low, Close, Volume) candlestick data through several stages to produce forecasted price values at future timestamps.

The key insight is that by operating in a discrete token space, the model can leverage the same autoregressive generation techniques that have proven successful in language modeling, adapted for financial time series with appropriate normalization and denormalization steps.

Theory

The forecasting pipeline consists of five stages:

Stage 1: Instance Normalization

Each input series is independently normalized using its own mean and standard deviation:

x_normalized = (x - mean(x)) / (std(x) + epsilon)
x_clipped = clip(x_normalized, -clip, clip)

This ensures the model operates on standardized inputs regardless of the absolute price scale, making it applicable across different financial instruments (stocks at $10 vs $10,000).

Stage 2: Tokenization

The normalized continuous values are passed through the KronosTokenizer encoder to produce discrete token indices (s1 coarse + s2 fine).

Stage 3: Autoregressive Generation

The Kronos Transformer generates future tokens one step at a time:

  • Predict s1 (coarse) token via temperature-controlled sampling with top-k/top-p filtering.
  • Predict s2 (fine) token conditioned on the sampled s1 token.
  • Append new tokens to the context and repeat.

Stage 4: Detokenization

The full token sequence (historical + generated) is decoded back to continuous normalized values through the tokenizer's decoder.

Stage 5: Denormalization

The predicted normalized values are scaled back to the original price space:

predictions = preds_normalized * (std(x) + epsilon) + mean(x)

Multi-Sample Averaging

To reduce variance from stochastic sampling, the generation can be run multiple times (sample_count), and the results are averaged. This produces more stable predictions at the cost of increased computation.

Source

Domains

  • Time_Series: Sequential data forecasting with temporal dependencies.
  • Financial_Forecasting: Predicting OHLCV candlestick data for financial instruments.

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