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Our article considers a regression model with observed factors. The observed factors have a flexible stochastic volatility structure that has separate dynamics for the volatilities and the correlation matrix. The correlation matrix of the…

Other Statistics · Statistics 2011-07-14 Yu-Cheng Ku , Peter Bloomfield , Robert Kohn

This paper discusses the approximate distributions of eigenvalues of a singular Wishart matrix. We give the approximate joint density of eigenvalues by Laplace approximation for the hyper-geometric functions of matrix arguments.…

Statistics Theory · Mathematics 2023-06-09 Koki Shimizu , Hiroki Hashiguchi

This paper deals with the asymptotic distribution of Wishart matrix and its application to the estimation of the population matrix parameter when the population eigenvalues are block-wise infinitely dispersed. We show that the appropriately…

Statistics Theory · Mathematics 2008-04-06 Yo Sheena , Akimichi Takemura

In this article, we propose an exact simulation method of the Wishart multidimensional stochastic volatility (WMSV) model, which was recently introduced by Da Fonseca et al. \cite{DGT08}. Our method is based onanalysis of the conditional…

Pricing of Securities · Quantitative Finance 2013-09-04 Chulmin Kang , Wanmo Kang

This study derives a new property of the Wishart distribution when the degree-of-freedom and the size of the matrix parameter of the distribution grow simultaneoulsy. Particularly, the asymptotic normality of the product of four independent…

Statistics Theory · Mathematics 2022-03-29 Koji Tsukuda , Shun Matsuura

Covariance matrices provide a valuable source of information about complex interactions and dependencies within the data. However, from a clustering perspective, this information has often been underutilized and overlooked. Indeed, commonly…

Methodology · Statistics 2024-09-02 Andrea Cappozzo , Alessandro Casa

We define an indefinite Wishart matrix as a matrix of the form A=W^{T}W\Sigma, where \Sigma is an indefinite diagonal matrix and W is a matrix of independent standard normals. We focus on the case where W is L by 2 which has engineering…

Statistics Theory · Mathematics 2015-12-21 Ramis Movassagh , Alan Edelman

We give an approximate formula for the distribution of the largest eigenvalue of real Wishart matrices by the expected Euler characteristic method for the general dimension. The formula is expressed in terms of a definite integral with…

Statistics Theory · Mathematics 2020-05-25 Nobuki Takayama , Lin Jiu , Satoshi Kuriki , Yi Zhang

We study a discrete-time Markov process on triangular arrays of matrices of size $d\geq 1$, driven by inverse Wishart random matrices. The components of the right edge evolve as multiplicative random walks on positive definite matrices with…

Probability · Mathematics 2026-01-26 Jonas Arista , Elia Bisi , Neil O'Connell

We derive the explicit formula for the joint Laplace transform of the Wishart process and its time integral which extends the original approach of Bru. We compare our methodology with the alternative results given by the variation of…

Pricing of Securities · Quantitative Finance 2013-08-21 Alessandro Gnoatto , Martino Grasselli

The method of potential solutions of Fokker-Planck equations is used to develop a transport equation for the joint probability of N coupled stochastic variables with the Dirichlet distribution as its asymptotic solution. To ensure a bounded…

Mathematical Physics · Physics 2013-03-05 J. Bakosi , J. R. Ristorcelli

The joint distribution of two off-diagonal Wishart matrix elements was useful in recent work on geometric probability [Finch 2010]. Not finding such formulas in the literature, we report these here.

Statistics Theory · Mathematics 2015-12-18 Steven Finch

We prove a large deviations principle for the class of multidimensional affine stochastic volatility models considered in (Gourieroux, C. and Sufana, R., J. Bus. Econ. Stat., 28(3), 2010), where the volatility matrix is modelled by a…

Pricing of Securities · Quantitative Finance 2018-06-20 Aurélien Alfonsi , David Krief , Peter Tankov

In this paper, random and stochastic processes are defined on fractal curves. Fractal calculus is used to define cumulative distribution function, probability density function, moments, variance and correlation function of stochastic…

General Mathematics · Mathematics 2024-03-18 Alireza Khalili Golmankhaneh , Kerri Welch , Cristina Serpa , Ivanka Stamova

We define the Wigner distribution of a tempered generalized stochastic process that is complex-valued symmetric Gaussian. This gives a time-frequency generalized stochastic process defined on the phase space. We study its covariance and our…

Probability · Mathematics 2025-08-21 Patrik Wahlberg

This paper deals with the existence issue of non-central Wishart distributions which is a research topic initiated by Wishart (1928), and with important contributions by e.g., L\'evy (1937), Gindikin (1975), Shanbhag (1988), Peddada and…

Probability · Mathematics 2021-01-12 Eberhard Mayerhofer

A Wishart matrix is said to be spiked when the underlying covariance matrix has a single eigenvalue $b$ different from unity. As $b$ increases through $b=2$, a gap forms from the largest eigenvalue to the rest of the spectrum, and with…

Mathematical Physics · Physics 2014-07-01 Peter J. Forrester

Our research highlights the effectiveness of utilizing matrices akin to Wishart matrices, derived from magnetization time series data under specific dynamics, to elucidate phase transitions and critical phenomena in the Q-state Potts model.…

Statistical Mechanics · Physics 2024-04-12 Roberto da Silva , Eliseu Venites , Sandra D. Prado , J. R. Drugowich de Felicio

A continuous time mixed state branching process is constructed as the scaling limits of two-type Galton-Watson processes. The process can also be obtained by the pathwise unique solution to a stochastic equation system. From the stochastic…

Probability · Mathematics 2021-04-28 Shukai Chen , Zenghu Li

Some tools and ideas are interchanged between random matrix theory and multivariate statistics. In the context of the random matrix theory, classes of spherical and generalised Wishart random matrix ensemble, containing as particular cases…

Statistics Theory · Mathematics 2009-07-07 Jose A. Diaz-Garcia , Ramon Gutiérrez Jáimez