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We bring the theory of rough paths to the study of non-parametric statistics on streamed data. We discuss the problem of regression where the input variable is a stream of information, and the dependent response is also (potentially) a…

Statistical Finance · Quantitative Finance 2016-03-23 Daniel Levin , Terry Lyons , Hao Ni

This article provides a concise overview of some of the recent advances in the application of rough path theory to machine learning. Controlled differential equations (CDEs) are discussed as the key mathematical model to describe the…

Machine Learning · Computer Science 2023-02-10 Adeline Fermanian , Terry Lyons , James Morrill , Cristopher Salvi

We provide an introduction to the signature method, focusing on its theoretical properties and machine learning applications. Our presentation is divided into two parts. In the first part, we present the definition and fundamental…

Machine Learning · Statistics 2025-12-29 Ilya Chevyrev , Andrey Kormilitzin

The signature of a path is an essential object in the theory of rough paths. The signature representation of the data stream can recover standard statistics, e.g. the moments of the data stream. The classification of random walks indicates…

Other Statistics · Statistics 2015-09-14 Hao Ni

Parallel transport, or path development, provides a rich characterization of paths which preserves the underlying algebraic structure of concatenation. The path signature is universal among such maps: any (translation-invariant) parallel…

Functional Analysis · Mathematics 2024-08-02 Darrick Lee

This paper establishes a comprehensive concentration theory for truncated signatures of Gaussian rough paths. The signature of a path, defined as the collection of all iterated integrals, provides a complete description of its geometric…

Probability · Mathematics 2025-12-11 Atef Lechiheb

Signatures, one of the key concepts of rough path theory, have recently gained prominence as a means to find appropriate feature sets in machine learning systems. In this paper, in order to compute signatures directly from discrete data…

Mathematical Finance · Quantitative Finance 2022-01-17 Takanori Adachi , Yusuke Naritomi

The signature transform, defined by the formal tensor series of global iterated path integrals, is a homomorphism between the path space and the tensor algebra that has been studied in geometry, control theory, number theory as well as…

Classical Analysis and ODEs · Mathematics 2022-11-09 Horatio Boedihardjo , Xi Geng

Market events such as order placement and order cancellation are examples of the complex and substantial flow of data that surrounds a modern financial engineer. New mathematical techniques, developed to describe the interactions of complex…

Statistical Finance · Quantitative Finance 2014-07-16 Lajos Gergely Gyurkó , Terry Lyons , Mark Kontkowski , Jonathan Field

In the context of controlled differential equations, the signature is the exponential function on paths. B. Hambly and T. Lyons proved that the signature of a bounded variation path is trivial if and only if the path is tree-like. We extend…

Classical Analysis and ODEs · Mathematics 2015-10-16 Horatio Boedihardjo , Xi Geng , Terry Lyons , Danyu Yang

Signature kernels, inner products of path signatures, underpin several machine learning algorithms for multivariate time series analysis. For bounded variation paths, signature kernels were recently shown to solve a Goursat PDE. However,…

Machine Learning · Computer Science 2025-06-03 Maud Lemercier , Terry Lyons , Cristopher Salvi

Rough path theory provides one with the notion of signature, a graded family of tensors which characterise, up to a negligible equivalence class, and ordered stream of vector-valued data. In the last few years, use of the signature has…

Probability · Mathematics 2023-05-08 Thomas Cass , William F. Turner , Remy Messadene

Signature is an infinite graded sequence of statistics known to characterize geometric rough paths, which includes the paths with bounded variation. This object has been studied successfully for machine learning with mostly applications in…

Machine Learning · Statistics 2022-01-19 Ming Min , Tomoyuki Ichiba

In real-world systems, the relationships and connections between components are highly complex. Real systems are often described as networks, where nodes represent objects in the system and edges represent relationships or connections…

Algebraic Topology · Mathematics 2024-06-24 Shen Zhang

In the last decade, the concept of path signature has achieved significant success in data science applications. It offers a powerful set of features that effectively capture and describe the characteristics of paths or sequential data.…

Rings and Algebras · Mathematics 2025-01-13 Ilya Chevyrev , Joscha Diehl , Kurusch Ebrahimi-Fard , Nikolas Tapia

Recently it was proved that the group of rough paths modulo tree-like equivalence is isomorphic to the corresponding signature group through the signature map S (a generalized notion of taking iterated path integrals). However, the proof of…

Classical Analysis and ODEs · Mathematics 2017-05-04 Xi Geng

Signature-based techniques give mathematical insight into the interactions between complex streams of evolving data. These insights can be quite naturally translated into numerical approaches to understanding streamed data, and perhaps…

Machine Learning · Statistics 2025-02-21 Terry Lyons , Andrew D. McLeod

The signature of a path is a sequence of tensors which allows to uniquely reconstruct the path. By employing the geometric theory of nonlinear systems of ordinary differential equations, we find necessary and sufficient algebraic conditions…

Algebraic Geometry · Mathematics 2025-05-20 Francesco Galuppi , Giovanni Moreno , Pierpaola Santarsiero

Building on the functional-analytic framework of operator-valued kernels and un-truncated signature kernels, we propose a scalable, provably convergent signature-based algorithm for a broad class of high-dimensional, path-dependent hedging…

Functional Analysis · Mathematics 2025-02-06 Nicola Muca Cirone , Cristopher Salvi

We establish a universal approximation theorem for signatures of rough paths that are not necessarily weakly geometric. By extending the path with time and its rough path bracket terms, we prove that linear functionals of the signature of…

Probability · Mathematics 2026-02-06 Mihriban Ceylan , Anna P. Kwossek , David J. Prömel
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