We analyze numerically the performance of Quantum Reservoir Computing (QRC) for statistical and financial problems. We use a reservoir composed of two superconducting islands coupled via their charge degrees of freedom. The key non-linear elements that provide the reservoir with rich and complex dynamics are the Josephson junctions that connect each island to the ground. We show that QRC implemented in this circuit can accurately classify complex probability distributions, including those with heavy tails, and identify regimes in correlated time series, such as periods of high volatility generated by standard econometric models. We find QRC to outperform some of the best classical methods when the amount of information is limited. This demonstrates its potential to be a noise-resilient quantum learning approach capable of tackling real-world problems within currently available superconducting platforms. We further discuss how to improve our QRC algorithm in real superconducting hardware to benefit from a much larger Hilbert space.
We analyze numerically the performance of Quantum Reservoir Computing (QRC) for statistical and financial problems. We use a reservoir composed of two superconducting islands coupled via their charge degrees of freedom. The key non-linear elements that provide the reservoir with rich and complex dynamics are the Josephson junctions that connect each island to the ground. We show that QRC implemented in this circuit can accurately classify complex probability distributions, including those with heavy tails, and identify regimes in correlated time series, such as periods of high volatility generated by standard econometric models. We find QRC to outperform some of the best classical methods when the amount of information is limited. This demonstrates its potential to be a noise-resilient quantum learning approach capable of tackling real-world problems within currently available superconducting platforms. We further discuss how to improve our QRC algorithm in real superconducting hardware to benefit from a much larger Hilbert space.
Recent advances in quantum computing have demonstrated its potential to significantly enhance the analysis and forecasting of complex classical data. Among these, quantum reservoir computing (QRC) has emerged as a particularly powerful approach, combining quantum computation with machine learning for modeling nonlinear temporal dependencies in high-dimensional time series. As with many data-driven disciplines, quantitative finance and econometrics can hugely benefit from emerging quantum technologies. In this work, we investigate the application of QRC for realized volatility forecasting. Our model employs a fully connected transverse-field Ising Hamiltonian as the reservoir with distinct input and memory qubits to capture temporal dependencies. The QRC approach is benchmarked against several econometric models and standard machine learning algorithms. The models are evaluated using multiple error metrics and the model confidence set procedures. To enhance interpretability and mitigate current quantum hardware limitations, we utilize wrapper-based forward selection for feature selection, identifying optimal subsets and quantifying feature importance via Shapley values. Our results indicate that the proposed quantum reservoir approach consistently outperforms benchmark models across various metrics, highlighting its potential for financial forecasting despite existing quantum hardware constraints. This work serves as a proof of concept for the applicability of quantum computing in econometrics and financial analysis, paving the way for further research into quantum-enhanced predictive modeling as quantum hardware capabilities continue to advance.
This paper investigates the application of quantum reservoir computing (QRC) to time series prediction. Classical reservoir computing (RC) utilizes a complex, high-dimensional system – the 'reservoir' – as a non-linear feature extractor, followed by a linear regression model for prediction. QRC extends this concept by leveraging the inherent dynamics of a quantum system as the reservoir. We hypothesize that quantum systems, due to their superposition and entanglement properties, can provide richer and more complex dynamics than classical reservoirs, potentially leading to improved prediction accuracy. This work outlines the theoretical framework for QRC, detailing the setup of a suitable quantum reservoir (e.g., a superconducting qubit array), the measurement process, and the training strategy involving a classical machine learning model. We demonstrate a conceptual approach, focusing on the potential advantages and challenges of employing quantum systems for this task. The core claim is that QRC can achieve superior time series prediction accuracy compared to classical RC methods. Key elements explored include the input signal's influence on the quantum reservoir, the selection of appropriate measurement schemes, and the choice of classical learning algorithms. The paper concludes with a discussion of future research directions and the potential impact of QRC on various time series prediction applications.
Reservoir computing is a machine learning framework that uses artificial or physical dissipative dynamics to predict time-series data using nonlinearity and memory properties of dynamical systems. Quantum systems are considered promising physical reservoirs, and several quantum reservoir computing (QRC) schemes that exploit intrinsic quantum mechanical properties as computational resources have been proposed. This paper focuses on a particular QRC scheme that was theoretically proposed to use the repeated quantum non-demolition measurement to generate a time series, mainly for the purpose of reducing the total execution time compared to the conventional method without repeated measurement. We experimentally implemented this scheme on IBM superconducting devices and demonstrated that shorter execution time and higher accuracy can be achieved than with a specific conventional method. Then, we study the temporal information processing capacity to quantify the computational capability of the proposed QRC; in particular, we use this quantity to identify the measurement strength that finds the best balance between the amount of available information and the strength of dissipation. An experimental demonstration with a soft robot is also provided, where repeated measurement over 1,000 timesteps was effectively implemented. Finally, we implemented the repeated-measurement QRC scheme using 120 qubits, to test the potential computational power of a large-scale QRC.
We present a quantum reservoir computing (QRC) framework based on a small-scale quantum system comprising at most six interacting qubits, designed for nonlinear financial time-series forecasting. We apply the model to predict future daily closing trading volumes of 20 quantum-sector publicly traded companies over the period from April 11, 2020, to April 11, 2025, as well as minute-by-minute trading volumes during out-of-market hours on July 7, 2025. Our analysis identifies optimal reservoir parameters that yield stock trend (up/down) classification accuracies exceeding 86%. Importantly, the QRC model is platform-agnostic and can be realized across diverse physical implementations of qubits, including superconducting circuits and trapped ions. These results demonstrate the expressive power and robustness of small-scale quantum reservoirs for modeling complex temporal correlations in financial data, highlighting their potential applicability to real-world forecasting tasks on near-term quantum hardware.
Reservoir computing is a temporal information processing system that exploits artificial or physical dissipative dynamics to learn a dynamical system and generate the target time-series. This paper proposes the use of real superconducting quantum computing devices as the reservoir, where the dissipative property is served by the natural noise added to the quantum bits. The performance of this natural quantum reservoir is demonstrated in a benchmark time-series regression problem and a practical problem classifying different objects based on temporal sensor data. In both cases the proposed reservoir computer shows a higher performance than a linear regression or classification model. The results indicate that a noisy quantum device potentially functions as a reservoir computer, and notably, the quantum noise, which is undesirable in the conventional quantum computation, can be used as a rich computation resource.
Quantum reservoir computing (QRC) uses the dynamics of a fixed or weakly tuned quantum system to transform temporal and sequential inputs into measured features, while training is typically confined to a classical readout. This separation reduces reliance on repeated quantum parameter updates and avoids the barren plateaus associated with variational circuit training. Its computational power is often attributed to the exponentially large Hilbert space of the quantum system. However, the memory, nonlinearity, and expressivity that determine what a reservoir can actually compute depend jointly on the input encoding, quantum evolution, observables, measurement, and readout, not on Hilbert space dimension alone. On hardware, these capabilities are further constrained by finite sampling, hardware noise, measurement backaction, and the cost of estimating observables, so a large state space alone does not guarantee useful computation. In this survey, we develop a common system model that connects these components and use it to organize QRC foundations, computational properties, reservoir architectures, operating protocols, and physical implementations. We examine spin, photonic, superconducting, bosonic, neutral atom, and other analog platforms, together with applications, software and high performance computing support, benchmarking, and reproducibility. The analysis distinguishes hardware demonstrations from simulations and identifies the assumptions and resources that govern comparisons across implementations. Current results do not establish a broad quantum advantage over well matched classical reservoirs. We therefore specify the resource accounting, benchmark standards, and theoretical criteria needed to evaluate claims of quantum advantage.