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We consider the detection problem of correlations in a $p$-dimensional Gaussian vector, when we observe $n$ independent, identically distributed random vectors, for $n$ and $p$ large. We assume that the covariance matrix varies in some…

Statistics Theory · Mathematics 2016-01-27 Cristina Butucea , Rania Zgheib

Heavy-tailed distributions, such as the Cauchy distribution, are acknowledged for providing more accurate models for financial returns, as the normal distribution is deemed insufficient for capturing the significant fluctuations observed in…

Statistics Theory · Mathematics 2025-07-31 Ganesh Vishnu Avhad , Ananya Lahiri , Sudheesh K. Kattumannil

When applying multivariate extreme value statistics to analyze tail risk in compound events defined by a multivariate random vector, one often assumes that all dimensions share the same extreme value index. While such an assumption can be…

Methodology · Statistics 2026-02-16 Liujun Chen , Chen Zhou

Methods are developed for checking and completing systems of bivariate and multivariate Kendall's tau concordance measures in applications where only partial information about dependencies between variables is available. The concept of a…

Statistics Theory · Mathematics 2022-05-12 Alexander J. McNeil , Johanna G. Neslehova , Andrew D. Smith

We consider the problem of testing whether a correlation matrix of a multivariate normal population is the identity matrix. We focus on sparse classes of alternatives where only a few entries are nonzero and, in fact, positive. We derive a…

Statistics Theory · Mathematics 2015-04-15 Ery Arias-Castro , Sébastien Bubeck , Gábor Lugosi

This paper studies the spectral behavior of large dimensional Chatterjee's rank correlation matrix when observations are independent draws from a high-dimensional random vector with independent continuous components. We show that the…

Statistics Theory · Mathematics 2025-10-09 Zhaorui Dong , Fang Han , Jianfeng Yao

Markowitz's optimal portfolio relies on the accurate estimation of correlations between asset returns, a difficult problem when the number of observations is not much larger than the number of assets. Using powerful results from random…

Statistical Finance · Quantitative Finance 2024-10-24 Tomas Espana , Victor Le Coz , Matteo Smerlak

In this paper new tests for the independence of two high-dimensional vectors are investigated. We consider the case where the dimension of the vectors increases with the sample size and propose multivariate analysis of variance-type…

Statistics Theory · Mathematics 2023-04-19 Taras Bodnar , Holger Dette , Nestor Parolya

The advent of modern data collection and processing techniques has seen the size, scale, and complexity of data grow exponentially. A seminal step in leveraging these rich datasets for downstream inference is understanding the…

Applications · Statistics 2024-07-30 Zeyi Wang , Eric Bridgeford , Shangsi Wang , Joshua T. Vogelstein , Brian Caffo

The categorical Gini correlation is an alternative measure of dependence between a categorical and numerical variables, which characterizes the independence of the variables. A nonparametric test for the equality of K distributions has been…

Methodology · Statistics 2019-08-02 Yongli Sang , Xin Dang , Yichuan Zhao

This paper provides parametric and rank-based optimal tests for eigenvectors and eigenvalues of covariance or scatter matrices in elliptical families. The parametric tests extend the Gaussian likelihood ratio tests of Anderson (1963) and…

Statistics Theory · Mathematics 2012-11-12 Marc Hallin , Davy Paindaveine , Thomas Verdebout

This paper studies the $\tau$-coherence of a (n x p)-observation matrix in a Gaussian framework. The $\tau$-coherence is defined as the largest magnitude outside a diagonal bandwith of size $\tau$ of the empirical correlation coefficients…

Statistics Theory · Mathematics 2021-10-14 M Boucher , D Chauveau , M Zani

There are many ways of measuring and modeling tail-dependence in random vectors: from the general framework of multivariate regular variation and the flexible class of max-stable vectors down to simple and concise summary measures like the…

Probability · Mathematics 2022-12-05 Anja Janßen , Sebastian Neblung , Stilian Stoev

This paper considers testing linear hypotheses of a set of mean vectors with unequal covariance matrices in large dimensional setting. The problem of testing the hypothesis $H_0 : \sum_{i=1}^q \beta_i \bmu_i =\bmu_0 $ for a given vector…

Methodology · Statistics 2015-12-22 Dandan Jiang

In genetic studies of complex diseases, the underlying mode of inheritance is often not known. Thus, the most powerful test or other optimal procedure for one model, e.g. recessive, may be quite inefficient if another model, e.g. dominant,…

Statistics Theory · Mathematics 2007-06-13 Gang Zheng , Boris Freidlin , Joseph L. Gastwirth

The real-valued Jaccard and coincidence indices, in addition to their conceptual and computational simplicity, have been verified to be able to provide promising results in tasks such as template matching, tending to yield peaks that are…

Machine Learning · Computer Science 2021-11-23 Luciano da F. Costa

In this article, we first propose generalized row/column matrix Kendall's tau for matrix-variate observations that are ubiquitous in areas such as finance and medical imaging. For a random matrix following a matrix-variate elliptically…

Methodology · Statistics 2025-11-20 Yong He , Yalin Wang , Long Yu , Wang Zhou , Wen-Xin Zhou

In this work, we leverage a generative data model considering comparison noise to develop a fast, precise, and informative ranking algorithm from pairwise comparisons that produces a measure of confidence on each comparison. The problem of…

Machine Learning · Computer Science 2025-07-24 Filipa Valdeira , Cláudia Soares

It has been shown that, if a model displays long-range (power-law) spatial correlations, its equal-time correlation matrix of this model will also have a power law tail in the distribution of its high-lying eigenvalues. The purpose of this…

Statistical Mechanics · Physics 2017-01-26 Soham Biswas , Francois Leyvraz , Paulino Monroy Castillero , Thomas H Seligman

U-statistics play central roles in many statistical learning tools but face the haunting issue of scalability. Significant efforts have been devoted into accelerating computation by U-statistic reduction. However, existing results almost…

Methodology · Statistics 2023-06-07 Meijia Shao , Dong Xia , Yuan Zhang