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Matrix factor models have been growing popular dimension reduction tools for large-dimensional matrix time series. However, the heteroscedasticity of the idiosyncratic components has barely received any attention. Starting from the pseudo…

Statistics Theory · Mathematics 2024-12-03 Yong He , Yujie Hou , Haixia Liu , Yalin Wang

Factorization models express a statistical object of interest in terms of a collection of simpler objects. For example, a matrix or tensor can be expressed as a sum of rank-one components. However, in practice, it can be challenging to…

Methodology · Statistics 2022-12-06 Lorenzo Schiavon , Antonio Canale , David B. Dunson

We introduce and analyze a model for the dynamics of flocking and steering of a finite number of agents. In this model, each agent's acceleration consists of flocking and steering components. The flocking component is a generalization of…

Dynamical Systems · Mathematics 2022-02-22 Guy A Djokam , Muruhan Rathinam

Factor analysis aims to describe high dimensional random vectors by means of a small number of unknown common factors. In mathematical terms, it is required to decompose the covariance matrix $\Sigma$ of the random vector as the sum of a…

Optimization and Control · Mathematics 2017-08-02 Valentina Ciccone , Augusto Ferrante , Mattia Zorzi

There are two approaches to time series approximate factor models: the static factor model, where the factors are loaded contemporaneously by the common component, and the Generalised Dynamic Factor Model, where the factors are loaded with…

Econometrics · Economics 2025-02-28 Philipp Gersing , Matteo Barigozzi , Christoph Rust , Manfred Deistler

We propose a new estimator for the Generalised Dynamic Factor Model (GDFM) that simplifies estimation by avoiding frequency-domain methods. Our key theoretical insight shows that under reasonable conditions the dynamic common component can…

Econometrics · Economics 2026-05-08 Philipp Gersing

Factor models are a very efficient way to describe high dimensional vectors of data in terms of a small number of common relevant factors. This problem, which is of fundamental importance in many disciplines, is usually reformulated in…

Optimization and Control · Mathematics 2018-06-13 Valentina Ciccone , Augusto Ferrante , Mattia Zorzi

In this paper, we explore dimension reduction for functional time series. We propose a generalized dynamic functional principal component analysis (GDFPCA) which does not rely on spectral density estimation and demonstrates strong empirical…

Methodology · Statistics 2026-02-24 Tzung Hsuen Khoo , Issa-Mbenard Dabo , Dharini Pathmanathan , Sophie Dabo-Niang

Slow feature analysis (SFA) is a new technique for extracting slowly varying features from a quickly varying signal. It is shown here that SFA can be applied to nonstationary time series to estimate a single underlying driving force with…

Statistical Mechanics · Physics 2007-05-23 Laurenz Wiskott

The R package GFA provides a full pipeline for factor analysis of multiple data sources that are represented as matrices with co-occurring samples. It allows learning dependencies between subsets of the data sources, decomposed into latent…

Mathematical Software · Computer Science 2016-11-08 Eemeli Leppäaho , Muhammad Ammad-ud-din , Samuel Kaski

Principal component analysis (PCA) is a well-established tool in machine learning and data processing. The principal axes in PCA were shown to be equivalent to the maximum marginal likelihood estimator of the factor loading matrix in a…

Methodology · Statistics 2019-10-25 Mengyang Gu , Weining Shen

Motivated by the need for analysing large spatio-temporal panel data, we introduce a novel dimensionality reduction methodology for $n$-dimensional random fields observed across a number $S$ spatial locations and $T$ time periods. We call…

Methodology · Statistics 2023-12-06 Matteo Barigozzi , Davide La Vecchia , Hang Liu

Estimation of high-dimensional covariance matrices in latent factor models is an important topic in many fields and especially in finance. Since the number of financial assets grows while the estimation window length remains of limited…

Statistical Finance · Quantitative Finance 2024-07-08 Lucija Žignić , Stjepan Begušić , Zvonko Kostanjčar

We propose a combination of cluster analysis and stochastic process analysis to characterize high-dimensional complex dynamical systems by few dominating variables. As an example, stock market data are analyzed for which the dynamical…

Statistical Finance · Quantitative Finance 2015-03-10 Philip Rinn , Yuriy Stepanov , Joachim Peinke , Thomas Guhr , Rudi Schäfer

In this paper, we consider the nonstationary matrix-valued time series with common stochastic trends. Unlike the traditional factor analysis which flattens matrix observations into vectors, we adopt a matrix factor model in order to fully…

Econometrics · Economics 2025-08-25 Degui Li , Yayi Yan , Qiwei Yao

Several fundamental and closely interconnected issues related to factor models are reviewed and discussed: dynamic versus static loadings, rate-strong versus rate-weak factors, the concept of weakly common component recently introduced by…

Econometrics · Economics 2025-05-06 Matteo Barigozzi , Marc Hallin

The Generalized Elastic Model is a linear stochastic model which accounts for the behaviour of many physical systems in nature, ranging from polymeric chains to single-file systems. If an external perturbation is exerted \emph{only} on a…

Statistical Mechanics · Physics 2013-05-14 Alessandro Taloni , Aleksei Chechkin , Joseph Klafter

We propose a novel classification model for weak signal data, building upon a recent model for Bayesian multi-view learning, Group Factor Analysis (GFA). Instead of assuming all data to come from a single GFA model, we allow latent…

Machine Learning · Statistics 2016-06-08 Sami Remes , Tommi Mononen , Samuel Kaski

This paper uses Factored Latent Analysis (FLA) to learn a factorized, segmental representation for observations of tracked objects over time. Factored Latent Analysis is latent class analysis in which the observation space is subdivided and…

Machine Learning · Computer Science 2012-07-19 Chris Stauffer

We study a model of flocking in order to describe the transitions during the collective motion of organisms in three dimensions (e.g., birds). In this model the particles representing the organisms are self-propelled, i.e., they move with…

Biological Physics · Physics 2015-06-26 A. Czirok , M. Vicsek , T. Vicsek
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