Most Ligand-Based Classification Benchmarks Reward Memorization Rather than Generalization
Izhar Wallach, Abraham Heifets

TL;DR
This paper introduces AVE, a new measure of redundancy in ligand-based classification benchmarks, revealing that many reported successes may be due to overfitting rather than true predictive power.
Contribution
The study proposes AVE as a novel metric to quantify training-validation redundancy and demonstrates its strong correlation with benchmark performance, highlighting potential overfitting issues.
Findings
AVE bias correlates with benchmark performance
Most ligand-based methods may overfit to benchmarks
Benchmark performance may not reflect true generalization
Abstract
Undetected overfitting can occur when there are significant redundancies between training and validation data. We describe AVE, a new measure of training-validation redundancy for ligand-based classification problems that accounts for the similarity amongst inactive molecules as well as active. We investigated seven widely-used benchmarks for virtual screening and classification, and show that the amount of AVE bias strongly correlates with the performance of ligand-based predictive methods irrespective of the predicted property, chemical fingerprint, similarity measure, or previously-applied unbiasing techniques. Therefore, it may be that the previously-reported performance of most ligand-based methods can be explained by overfitting to benchmarks rather than good prospective accuracy.
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See pages 1-last of Benchmark_Biases_wrapped.pdf
