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This paper proposes a new statistic to test independence between two high dimensional random vectors ${\mathbf{X}}:p_1\times1$ and ${\mathbf{Y}}:p_2\times1$. The proposed statistic is based on the sum of regularized sample canonical…

Statistics Theory · Mathematics 2015-03-19 Yanrong Yang , Guangming Pan

We propose an information-theoretic quantifier for the advantage gained from cooperation that captures the degree of dependency between subsystems of a global system. The quantifier is distinct from measures of multipartite correlations…

Discrimination between non-stationarity and long-range dependency is a difficult and long-standing issue in modelling financial time series. This paper uses an adaptive spectral technique which jointly models the non-stationarity and…

Statistical Finance · Quantitative Finance 2019-02-12 Nick James , Roman Marchant , Richard Gerlach , Sally Cripps

Accurate estimation for extent of cross{sectional dependence in large panel data analysis is paramount to further statistical analysis on the data under study. Grouping more data with weak relations (cross{sectional dependence) together…

Econometrics · Economics 2019-04-16 Jiti Gao , Guangming Pan , Yanrong Yang , Bo Zhang

Factor analysis is a flexible technique for assessment of multivariate dependence and codependence. Besides being an exploratory tool used to reduce the dimensionality of multivariate data, it allows estimation of common factors that often…

Methodology · Statistics 2020-02-19 Kelly C. M. Gonçalves , Afonso C. B. Silva

Graphical structure learning is an effective way to assess and visualize cross-biomarker dependencies in biomedical settings. Standard approaches to estimating graphs rely on conditional independence tests that may not be sensitive to…

Methodology · Statistics 2024-11-28 Zain Khan , Daniel Malinsky , Martin Picard , Alan A. Cohen , Columbia SOH Group , Ying Wei

The concept of coherence is one of cornerstones in physics. The development of quantum information science has lead to renewed interest in properly approaching the coherence at the quantum level. Various measures could be proposed to…

Quantum Physics · Physics 2016-04-06 Alexey E. Rastegin

Quantile regression is a powerful tool for detecting exposure-outcome associations given covariates across different parts of the outcome's distribution, but has two major limitations when the aim is to infer the effect of an exposure.…

Quantum coherence quantifies the amount of superposition in a quantum system, and is the reason and resource behind several phenomena and technologies. It depends on the natural basis in which the quantum state of the system is expressed,…

Quantum Physics · Physics 2021-08-13 Ingita Banerjee , Kornikar Sen , Chirag Srivastava , Ujjwal Sen

In this paper, we develop a quantile functional regression modeling framework that models the distribution of a set of common repeated observations from a subject through the quantile function, which is regressed on a set of covariates to…

Methodology · Statistics 2017-11-02 Hojin Yang , Veerabhadran Baladandayuthapani , Jeffrey S. Morris

We develop a statistical framework for risk estimation, inspired by the axiomatic theory of risk measures. Coherent risk estimators -- functionals of P\&L samples inheriting the economic properties of risk measures -- are defined and…

Risk Management · Quantitative Finance 2026-03-31 Martin Aichele , Igor Cialenco , Damian Jelito , Marcin Pitera

Coherence is a defining property of quantum theory that accounts for quantum advantage in many quantum information tasks. Although many coherence quantifiers have been introduced in various contexts, the lack of efficient methods to…

Quantum Physics · Physics 2023-01-02 Sun Liang Liang , Yu Sixia

The partial correlation coefficient is a commonly used measure to assess the conditional dependence between two random variables. We provide a thorough explanation of the partial copula, which is a natural generalization of the partial…

Methodology · Statistics 2017-06-13 Fabian Spanhel , Malte S. Kurz

Testing the independence between random vectors is a fundamental problem in statistics. Distance correlation, a recently popular dependence measure, is universally consistent for testing independence against all distributions with finite…

Methodology · Statistics 2024-08-22 Yuwei Ke , Hok Kan Ling , Yanglei Song

Quantum coherence is a fundamental common trait of quantum phenomena, from the interference of matter waves to quantum degeneracy of identical particles. Despite its importance, estimating and measuring quantum coherence in generic, mixed…

Statistical Mechanics · Physics 2016-08-17 Irénée Frérot , Tommaso Roscilde

A fundamental task in statistical learning is quantifying the joint dependence or association between two continuous random variables. We introduce a novel, fully non-parametric measure that assesses the degree of association between…

Many financial and economic variables, including financial returns, exhibit nonlinear dependence, heterogeneity and heavy-tailedness. These properties may make problematic the analysis of (non-)efficiency and volatility clustering in…

Econometrics · Economics 2023-12-01 Rustam Ibragimov , Rasmus Pedersen , Anton Skrobotov

Quantile regression permits describing how quantiles of a scalar response variable depend on a set of predictors. Because a unique definition of multivariate quantiles is lacking, extending quantile regression to multivariate responses is…

Methodology · Statistics 2021-04-22 Silvia Columbu , Paolo Frumento , Matteo Bottai

This paper proposes a new mutual independence test for a large number of high dimensional random vectors. The test statistic is based on the characteristic function of the empirical spectral distribution of the sample covariance matrix. The…

Statistics Theory · Mathematics 2012-05-31 G. M. Pan , J. Gao , Y. Yang , M. Guo

A simplified Heisenberg spin model is studied in order to examine the idea of decoherence in closed quantum systems. For this purpose, we present a quantifiable definition to quantum coherence $\Xi$, and discuss in some detail a general…

Quantum Physics · Physics 2008-05-18 Olavi Dannenberg