# Financial Question Answering on S&P 500 benchmark

Source: [Financial Question Answering on S&P 500 benchmark](<https://www.sota2.com/research/sota/financial-question-answering-on-s-and-p-500-benchmark>)

Collection index: [llms.txt](<https://www.sota2.com/research/llms.txt>)

Data updated: 2026-05-22T08:03:10.555Z

Evaluation of Financial Question Answering performance on the S&P 500 benchmark dataset, covering metrics like Forecast QA, Event Detection, and Multi-signal Reasoning.

A research result applies to its stated dataset, split, metric and evaluation configuration. Compare like-for-like settings, preserve the metric's unit and direction, and distinguish paper-reported results from independent reproduction. The best result recorded here is not a claim of exhaustive, current global coverage.

| Scope | Recorded value |
| --- | --- |
| Task | Financial Question Answering |
| Dataset (including any stated split) | S&P 500 benchmark |
| Metric | Forecast QA Score |
| Unit | PERCENT |
| Direction | Higher is better |
| Results loaded | 14 of 14 |
| Coverage | All results currently returned for this benchmark |

Evaluation settings may differ between results. The original papers and recorded configurations are needed to establish comparability. A shared metric name alone does not establish an identical protocol.

## Metrics

- [Forecast QA Score](<https://www.sota2.com/research/sota/financial-question-answering-on-s-and-p-500-benchmark.md?metric=Forecast%20QA%20Score>): Higher is better; unit: PERCENT.

- [Event Detection Score](<https://www.sota2.com/research/sota/financial-question-answering-on-s-and-p-500-benchmark.md?metric=Event%20Detection%20Score>): Higher is better; unit: PERCENT.

- [Fundamental QA Score](<https://www.sota2.com/research/sota/financial-question-answering-on-s-and-p-500-benchmark.md?metric=Fundamental%20QA%20Score>): Higher is better; unit: PERCENT.

- [News Analysis Score](<https://www.sota2.com/research/sota/financial-question-answering-on-s-and-p-500-benchmark.md?metric=News%20Analysis%20Score>): Higher is better; unit: PERCENT.

- [Multi-signal Reasoning Score](<https://www.sota2.com/research/sota/financial-question-answering-on-s-and-p-500-benchmark.md?metric=Multi-signal%20Reasoning%20Score>): Higher is better; unit: PERCENT.

- [Average Score](<https://www.sota2.com/research/sota/financial-question-answering-on-s-and-p-500-benchmark.md?metric=Average%20Score>): Higher is better; unit: PERCENT.

## Recorded results

| Method | Forecast QA Score | Result date | Report paper |
| --- | --- | --- | --- |
| STOCK-R1-8B | 56.78 | Not recorded | 6a0fe326f984739ed6739e83 |
| STOCK-R1-4B | 51 | Not recorded | 6a0fe326f984739ed6739e83 |
| Fin-R1-8B | 40.28 | Not recorded | 6a0fe326f984739ed6739e83 |
| DianJin-R1-32B | 38.42 | Not recorded | 6a0fe326f984739ed6739e83 |
| Fin-o1-14B | 32.86 | Not recorded | 6a0fe326f984739ed6739e83 |
| Qwen3-30B | 10.34 | Not recorded | 6a0fe326f984739ed6739e83 |
| GPT-5 | 8.16 | Not recorded | 6a0fe326f984739ed6739e83 |
| Qwen3-4B | 7.92 | Not recorded | 6a0fe326f984739ed6739e83 |
| Qwen3-8B | 6.23 | Not recorded | 6a0fe326f984739ed6739e83 |
| Llama3-70B | 5.35 | Not recorded | 6a0fe326f984739ed6739e83 |
| DeepSeek-V3.2 | 3.37 | Not recorded | 6a0fe326f984739ed6739e83 |
| Llama3-8B | 3.21 | Not recorded | 6a0fe326f984739ed6739e83 |
| OpenAI-o3 | 2.78 | Not recorded | 6a0fe326f984739ed6739e83 |
| Llama3-3B | 2.53 | Not recorded | 6a0fe326f984739ed6739e83 |

### STOCK-R1-8B

Forecast QA Score: 56.78. Result ID: 6a100dbafbc373592c08d6cd.

[Reporting paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

[Method origin paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

Recorded evaluation configuration: {"Model Category":"Financial LLM","Model Size":"8B","Base Model":"Qwen3-8B"}. This record does not assert independent reproduction.

### STOCK-R1-4B

Forecast QA Score: 51. Result ID: 6a100dbafbc373592c08d6cc.

[Reporting paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

[Method origin paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

Recorded evaluation configuration: {"Model Category":"Financial LLM","Model Size":"4B","Base Model":"Qwen3-4B"}. This record does not assert independent reproduction.

### Fin-R1-8B

Forecast QA Score: 40.28. Result ID: 6a100dbafbc373592c08d6c9.

[Reporting paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

[Method origin paper](<https://www.sota2.com/research/paper/68fa77941e209131cea741d2.md>)

Recorded evaluation configuration: {"Model Category":"Financial LLM","Model Size":"8B"}. This record does not assert independent reproduction.

### DianJin-R1-32B

Forecast QA Score: 38.42. Result ID: 6a100dbafbc373592c08d6cb.

[Reporting paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

[Method origin paper](<https://www.sota2.com/research/paper/68fa78381e209131cea7748d.md>)

Recorded evaluation configuration: {"Model Category":"Financial LLM","Model Size":"32B"}. This record does not assert independent reproduction.

### Fin-o1-14B

Forecast QA Score: 32.86. Result ID: 6a100dbafbc373592c08d6ca.

[Reporting paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

[Method origin paper](<https://www.sota2.com/research/paper/68fa79721e209131cea7da81.md>)

Recorded evaluation configuration: {"Model Category":"Financial LLM","Model Size":"14B"}. This record does not assert independent reproduction.

### Qwen3-30B

Forecast QA Score: 10.34. Result ID: 6a100dbafbc373592c08d6c4.

[Reporting paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

[Method origin paper](<https://www.sota2.com/research/paper/68fa788e1e209131cea79116.md>)

Recorded evaluation configuration: {"Model Category":"General-purpose LLM","Model Size":"30B"}. This record does not assert independent reproduction.

### GPT-5

Forecast QA Score: 8.16. Result ID: 6a100dbafbc373592c08d6c7.

[Reporting paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

Recorded evaluation configuration: {"Model Category":"General-purpose LLM"}. This record does not assert independent reproduction.

### Qwen3-4B

Forecast QA Score: 7.92. Result ID: 6a100dbafbc373592c08d6c2.

[Reporting paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

[Method origin paper](<https://www.sota2.com/research/paper/68fa788e1e209131cea79116.md>)

Recorded evaluation configuration: {"Model Category":"General-purpose LLM","Model Size":"4B"}. This record does not assert independent reproduction.

### Qwen3-8B

Forecast QA Score: 6.23. Result ID: 6a100dbafbc373592c08d6c3.

[Reporting paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

[Method origin paper](<https://www.sota2.com/research/paper/68fa788e1e209131cea79116.md>)

Recorded evaluation configuration: {"Model Category":"General-purpose LLM","Model Size":"8B"}. This record does not assert independent reproduction.

### Llama3-70B

Forecast QA Score: 5.35. Result ID: 6a100dbafbc373592c08d6c5.

[Reporting paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

[Method origin paper](<https://www.sota2.com/research/paper/68fa75d11e209131cea6a028.md>)

[Implementation](<https://github.com/meta-llama/llama-agentic-system>)

Recorded evaluation configuration: {"Model Category":"General-purpose LLM","Model Size":"70B"}. This record does not assert independent reproduction.

### DeepSeek-V3.2

Forecast QA Score: 3.37. Result ID: 6a100dbafbc373592c08d6c6.

[Reporting paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

Recorded evaluation configuration: {"Model Category":"General-purpose LLM"}. This record does not assert independent reproduction.

### Llama3-8B

Forecast QA Score: 3.21. Result ID: 6a100dbafbc373592c08d6c1.

[Reporting paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

[Method origin paper](<https://www.sota2.com/research/paper/68fa75d11e209131cea6a028.md>)

[Implementation](<https://github.com/meta-llama/llama-agentic-system>)

Recorded evaluation configuration: {"Model Category":"General-purpose LLM","Model Size":"8B"}. This record does not assert independent reproduction.

### OpenAI-o3

Forecast QA Score: 2.78. Result ID: 6a100dbafbc373592c08d6c8.

[Reporting paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

Recorded evaluation configuration: {"Model Category":"General-purpose LLM"}. This record does not assert independent reproduction.

### Llama3-3B

Forecast QA Score: 2.53. Result ID: 6a100dbafbc373592c08d6c0.

[Reporting paper](<https://www.sota2.com/research/paper/6a0fe326f984739ed6739e83.md>)

[Method origin paper](<https://www.sota2.com/research/paper/68fa75d11e209131cea6a028.md>)

[Implementation](<https://github.com/meta-llama/llama-agentic-system>)

Recorded evaluation configuration: {"Model Category":"General-purpose LLM","Model Size":"3B"}. This record does not assert independent reproduction.

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