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We present a new approach to factor rotation for functional data. This is achieved by rotating the functional principal components toward a predefined space of periodic functions designed to decompose the total variation into components…

Applications · Statistics 2012-07-02 Chong Liu , Surajit Ray , Giles Hooker , Mark Friedl

Estimates of the approximate factor model are increasingly used in empirical work. Their theoretical properties, studied some twenty years ago, also laid the ground work for analysis on large dimensional panel data models with cross-section…

Econometrics · Economics 2020-08-04 Jushan Bai , Serena Ng

Factor analysis is a way to characterize the relationships between many manifest variables in terms of a smaller number of latent variables (i.e., factors). Particularly, in exploratory factor analysis (EFA), researchers consider various…

Methodology · Statistics 2025-05-06 Justin Philip Tuazon , Gia Mizrane Abubo , Joemari Olea

This study presents an analytical approach to sector rotation, leveraging both factor models and fundamental metrics. We initiate with a systematic classification of sectors, followed by an empirical investigation into their returns.…

Portfolio Management · Quantitative Finance 2024-01-02 Runjia Yang , Beining Shi

We introduce Adaptive Functional Principal Component Analysis, a novel method to capture directions of variation in functional data that exhibit sharp changes in smoothness. We first propose a new adaptive scatterplot smoothing technique…

Methodology · Statistics 2023-10-04 Angel Garcia de la Garza , Britton Sauerbrei , Adam Hantman , Jeff Goldsmith

We propose modeling raw functional data as a mixture of a smooth function and a highdimensional factor component. The conventional approach to retrieving the smooth function from the raw data is through various smoothing techniques.…

Methodology · Statistics 2021-02-05 Yuan Gao , Han Lin Shang , Yanrong Yang

We propose a new reconstruction operator that aims to recover the missing parts of a function given the observed parts. This new operator belongs to a new, very large class of functional operators which includes the classical regression…

Statistics Theory · Mathematics 2019-05-14 Alois Kneip , Dominik Liebl

We propose modeling raw functional data as a mixture of a smooth function and a high-dimensional factor component. The conventional approach to retrieving the smooth function from the raw data is through various smoothing techniques.…

Methodology · Statistics 2022-04-13 Yuan Gao , Han Lin Shang , Yanrong Yang

Multidimensional functional data streams arise in diverse scientific fields, yet their analysis poses significant challenges. We propose a novel online framework for functional principal component analysis that enables efficient and…

Methodology · Statistics 2025-05-06 Muye Nanshan , Nan Zhang , Jiguo Cao

Principal component analysis is a versatile tool to reduce dimensionality which has wide applications in statistics and machine learning. It is particularly useful for modeling data in high-dimensional scenarios where the number of…

Methodology · Statistics 2022-08-18 Xiaoyu Hu , Fang Yao

Integrating various data modalities brings valuable insights into underlying phenomena. Multimodal factor analysis (FA) uncovers shared axes of variation underlying different simple data modalities, where each sample is represented by a…

Machine Learning · Computer Science 2025-04-29 Małgorzata Łazęcka , Ewa Szczurek

We propose a novel approximate factor model tailored for analyzing time-dependent curve data. Our model decomposes such data into two distinct components: a low-dimensional predictable factor component and an unpredictable error term. These…

Econometrics · Economics 2025-02-26 Sven Otto , Nazarii Salish

Matrix-variate data of high dimensions are frequently observed in finance and economics, spanning extended time periods, such as the long-term data on international trade flows among numerous countries. To address potential structural…

Methodology · Statistics 2024-04-03 Bin Chen , Elynn Y. Chen , Stevenson Bolivar , Rong Chen

Traditional Functional Principal Component Analysis typically focuses on densely observed univariate functional data, yet many applications, particularly in longitudinal studies, involve multivariate functional data observed sparsely and…

Methodology · Statistics 2026-03-23 Uche Mbaka , Michelle Carey

In this paper we address the rotation synchronization problem, where the objective is to recover absolute rotations starting from pairwise ones, where the unknowns and the measures are represented as nodes and edges of a graph,…

Computer Vision and Pattern Recognition · Computer Science 2023-05-10 Gk Tejus , Giacomo Zara , Paolo Rota , Andrea Fusiello , Elisa Ricci , Federica Arrigoni

Functional principal component analysis is one of the most commonly employed approaches in functional and longitudinal data analysis and we extend it to analyze functional/longitudinal data observed on a general $d$-dimensional domain. The…

Methodology · Statistics 2017-09-07 Lu-Hung Chen , Ci-Ren Jiang

Clustering is a fundamental task in unsupervised learning. The focus of this paper is the Correlation Clustering functional which combines positive and negative affinities between the data points. The contribution of this paper is two fold:…

Computer Vision and Pattern Recognition · Computer Science 2011-12-14 Shai Bagon , Meirav Galun

Multivariate Functional Principal Component Analysis (MFPCA) is a valuable tool for exploring relationships and identifying shared patterns of variation in multivariate functional data. However, controlling the roughness of the extracted…

Methodology · Statistics 2023-06-27 Hossein Haghbin , Yue Zhao , Mehdi Maadooliat

The article attempts to find an algebraic formula describing the correlation coefficients between random variables and the principal components representing them. As a result of the analysis, starting from selected statistics relating to…

Machine Learning · Computer Science 2023-10-11 Zenon Gniazdowski

Psychologists developed Multiple Factor Analysis to decompose multivariate data into a small number of interpretable factors without any a priori knowledge about those factors. In this form of factor analysis, the Varimax "factor rotation"…

Methodology · Statistics 2020-04-21 Karl Rohe , Muzhe Zeng
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