Researchers Develop Test Detecting Lookahead Bias in Forecasts

Researchers present a statistical test to detect lookahead bias in economic forecasts generated by large language models in a paper submitted Dec. 29, 2025. They estimate a Lookahead Propensity (LAP) score using pre-training data detection techniques and show that a positive correlation between LAP and forecast accuracy quantifies lookahead bias. The test is applied to headline-based stock-return and earnings-call capex forecasts and offered as a cost-efficient diagnostic tool.
Scoring Rationale
Novel and actionable diagnostic scoring high on relevance, limited by single preprint evaluation and narrower economic forecasting scope.
Practice with real Ad Tech data
90 SQL & Python problems · 15 industry datasets
250 free problems · No credit card
See all Ad Tech problems

