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Statistical properties of non--symmetric real random matrices of size $M$, obtained as truncations of random orthogonal $N\times N$ matrices are investigated. We derive an exact formula for the density of eigenvalues which consists of two…

Statistical Mechanics · Physics 2010-10-21 Boris A. Khoruzhenko , Hans-Juergen Sommers , Karol Zyczkowski

The use of correlation matrices to evaluate the number of uncorrelated stirrer positions of reverberation chamber has widespread applications in electromagnetic compatibility. We present a comparative study of recent techniques based on…

Data Analysis, Statistics and Probability · Physics 2014-04-28 Gabriele Gradoni , Valter Mariani Primiani , Franco Moglie

Properties of weighted averages are studied for the general case that the individual measurements are subject to hidden correlations and have asymmetric statistical as well as systematic errors. Explicit expressions are derived for an…

High Energy Physics - Experiment · Physics 2007-05-23 Michael Schmelling

Clustered data are common in practice. Clustering arises when subjects are measured repeatedly, or subjects are nested in groups (e.g., households, schools). It is often of interest to evaluate the correlation between two variables with…

Methodology · Statistics 2025-01-16 Shengxin Tu , Chun Li , Bryan E. Shepherd

We pose the estimation and predictability of stock market performance. Three cases are taken: US, Japan, Germany, the monthly index of the value of realized investment in stocks, prices plus the value of dividend payments (OECD data). Once…

General Economics · Economics 2023-05-11 Ignacio Escanuela Romana , Clara Escanuela Nieves

The salient properties of large empirical covariance and correlation matrices are studied for three datasets of size 54, 55 and 330. The covariance is defined as a simple cross product of the returns, with weights that decay logarithmically…

Statistical Finance · Quantitative Finance 2009-03-10 Gilles Zumbach

Non-hermitian systems have gained a lot of interest in recent years. However, notions of chaos and localization in such systems have not reached the same level of maturity as in the Hermitian systems. Here, we consider non-hermitian…

Disordered Systems and Neural Networks · Physics 2022-10-19 Soumi Ghosh , Sparsh Gupta , Manas Kulkarni

We review the ideas of how random matrix theory has to be properly applied to quantum physics; particularly we focus on how the spectrum has to be properly prepared and the random matrix correctly identified before the random matrix and the…

Quantum Physics · Physics 2026-04-28 Mario Kieburg

Not a matter of serious contention, Pearson's correlation coefficient is still the most important statistical association measure. Restricted to just two variables, this measure sometimes doesn't live up to users' needs and expectations.…

Mathematical Finance · Quantitative Finance 2024-02-02 Reza Salimi , Kamran Pakizeh

We study high-density traffic of information packets on sparse modular networks with scale-free subgraphs. With different statistical measures we distinguish between the free flow and congested regime and point out the role of modules in…

Physics and Society · Physics 2015-05-13 Bosiljka Tadić , Marija Mitrović

We study empirical covariance matrices in finance. Due to the limited amount of available input information, these objects incorporate a huge amount of noise, so their naive use in optimization procedures, such as portfolio selection, may…

Physics and Society · Physics 2008-12-02 Gabor Papp , Szilard Pafka , Maciej A. Nowak , Imre Kondor

We prove concentration inequalities for several models of non-linear random matrices. As corollaries we obtain estimates for linear spectral statistics of the conjugate kernel of neural networks and non-commutative polynomials in (possibly…

Probability · Mathematics 2025-07-15 Radosław Adamczak

We determine the asymptotic distribution of the sum of correlated variables described by a matrix product ansatz with finite matrices, considering variables with finite variances. In cases when the correlation length is finite, the law of…

Statistical Mechanics · Physics 2014-01-08 Florian Angeletti , Eric Bertin , Patrice Abry

The nonlinear theory of anomalous diffusion is based on particle interactions giving an explicit microscopic description of diffusive processes leading to sub-, normal, or super-diffusion as a result competitive effects between attractive…

Statistical Mechanics · Physics 2016-01-20 Jean Pierre Boon , James F. Lutsko

The aim of this work is to build financial crisis indicators based on spectral properties of the dynamics of market data. After choosing an optimal size for a rolling window, the historical market data in this window is seen every trading…

Mathematical Finance · Quantitative Finance 2017-09-11 Antoine Kornprobst , Raphael Douady

This paper focuses on large neural networks whose synaptic connectivity matrices are randomly chosen from certain random matrix ensembles. The dynamics of these networks can be characterized by the eigenvalue spectra of their connectivity…

Disordered Systems and Neural Networks · Physics 2015-06-05 Yi Wei

In an era of unprecedented deluge of (mostly unstructured) data, graphs are proving more and more useful, across the sciences, as a flexible abstraction to capture complex relationships between complex objects. One of the main challenges…

Disordered Systems and Neural Networks · Physics 2016-10-17 Alaa Saade

In this paper we consider several continuous-time multivariate non-Gaussian models applied to finance and proposed in the literature in the last years. We study the models focusing on the parsimony of the number of parameters, the…

Statistical Finance · Quantitative Finance 2020-05-14 Michele Leonardo Bianchi , Asmerilda Hitaj , Gian Luca Tassinari

The proprietary nature of Hedge Fund investing means that it is common practise for managers to release minimal information about their returns. The construction of a Fund of Hedge Funds portfolio requires a correlation matrix which often…

Statistical Finance · Quantitative Finance 2010-05-28 Thomas Conlon , Heather J. Ruskin , Martin Crane

When employing non-linear methods to characterise complex systems, it is important to determine to what extent they are capturing genuine non-linear phenomena that could not be assessed by simpler spectral methods. Specifically, we are…

Methodology · Statistics 2021-09-22 Pedro A. M. Mediano , Fernando E. Rosas , Adam B. Barrett , Daniel Bor
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