Forecasting Downstream Performance of LLMs With Proxy Metrics
arXiv:2605.18607v1 [cs.CL] 18 May 2026
Arkil Patel
Siva Reddy
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Marius Mosbach
Dzmitry Bahdanau
Mila – Quebec AI Institute & McGill University Canada CIFAR AI Chair
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ServiceNow Research
Correpondence to: [email protected]
Periodic Labs
McGill-NLP/proxy-metrics
Abstract Progress in language model development is often driven by comparative decisions: which architecture to adopt, which pretraining corpus to use, or which training recipe to apply. Making these decisions well requires reliable performance forecasts, yet the two commonly used signals are fundamentally limited. Cross-entropy loss is poorly aligned with downstream capabilities, and direct downstream evaluation is expensive, sparse, and often uninformative at early training stages. Instead, we propose to construct proxy metrics by aggregating token-level statistics, such as entropy, top-k accuracy, and expert token rank, from a candidate model’s next token distribution over expert-written solutions. Across three settings, our proxies consistently outperform loss- and compute-based baselines: 1) For cross-family model selection, they rank a heterogeneous population of reasoning models with mean Spearman ρ = 0.81 (vs. ρ = 0.36 for cross-entropy loss); 2) For pretraining data selection, they reliably rank 25 candidate corpora for a target model at roughly 10,000× less compute than direct evaluation, pushing the Pareto frontier beyond existing methods; and 3) for training-time forecasting, they extrapolate downstream accuracy across an 18× compute horizon with roughly half the error of existing alternatives. Together, these results suggest that expert trajectories are a broadly useful source of signal for assessing model capabilities, enabling reliable performance forecasting throughout the model development life cycle.
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Introduction
Large language model (LLM) development requires making comparative decisions: which pretraining corpus is better, which post-training recipe increases performance on a target domain, and whether a new model architecture is better than the current frontier. A common signal for resolving such decisions has been cross-entropy loss, which scales smoothly with compute and extrapolates with remarkable fidelity (Hoffmann et al., 2022, Kaplan et al., 2020). However, the quantity we ultimately care about is downstream performance, not loss. Indeed, models with similar loss can exhibit sharply different downstream capabilities (Liu et al., 2023). Moreover, LLMs are increasingly judged on hard reasoning tasks where cross-entropy loss over generic text would offer little discriminative signal. The natural response to resolve this discrepancy has been to fit scaling laws directly for downstream tasks, or to replace accuracy with smoother surrogates such as the likelihood of the correct answer (Bhagia et al., 2025, Brandfonbrener et al., 2025, Gadre et al., 2025, Hu et al., 2024, Ruan et al., 2024). These approaches have been shown to work well when we assume access to plentiful evaluations on a target task, often with a closed answer set, or candidate models that perform above chance. However, Preprint.