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Quantum Machine Learning and Optimisation in Finance

You're reading from   Quantum Machine Learning and Optimisation in Finance On the Road to Quantum Advantage

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Product type Paperback
Published in Oct 2022
Publisher Packt
ISBN-13 9781801813570
Length 442 pages
Edition 1st Edition
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Authors (2):
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Alexei Kondratyev Alexei Kondratyev
Author Profile Icon Alexei Kondratyev
Alexei Kondratyev
Jacquier Antoine Jacquier Antoine
Author Profile Icon Jacquier Antoine
Jacquier Antoine
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Toc

10
Variational Quantum Eigensolver

Parameterised quantum circuits can find many possible applications outside the quantum machine learning use cases considered in the previous chapters. They can be used to solve problems as diverse as portfolio optimisation   [168] and protein folding  [248]. However, one aspect remains the same regardless of the specifics of the particular algorithm: the construction of a quantum state with desired characteristics through an optimal PQC configuration (ansatz) and an optimal set of adjustable PQC parameters. This, in turn, is done through the minimisation of some cost function – it can be a classification error in the case of a QNN-based classifier or a distance between two distributions in the case of QCBM.

The Variational Quantum Eigensolver (VQE) is a PQC-based algorithm that aims to find the smallest eigenvalue (the lowest energy) of a problem Hamiltonian. As we know from Chapter 3, the objective functions of many...

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