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Related papers: On clustering financial time series: a need for di…

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A clustering procedure, based on the Hausdorff distance, is introduced and tested on the financial time series of the Dow Jones Industrial Average (DJIA) index.

Physics and Society · Physics 2008-12-02 Nicolas Basalto , Roberto Bellotti , Francesco De Carlo , Paolo Facchi , Saverio Pascazio

We quantify the amount of information filtered by different hierarchical clustering methods on correlations between stock returns comparing it with the underlying industrial activity structure. Specifically, we apply, for the first time to…

Statistical Finance · Quantitative Finance 2023-07-19 Nicolo Musmeci , Tomaso Aste , Tiziana Di Matteo

Following the work of arXiv:2101.09512, we are interested in clustering a given multi-variate series in an unsupervised manner. We would like to segment and cluster the series such that the resulting blocks present in each cluster are…

This paper considers metric spaces where distances between a pair of nodes are represented by distance intervals. The goal is to study methods for the determination of hierarchical clusters, i.e., a family of nested partitions indexed by a…

Social and Information Networks · Computer Science 2016-10-17 Weiyu Huang , Alejandro Ribeiro

Due to the wider availability of modern electronic health records, patient care data is often being stored in the form of time-series. Clustering such time-series data is crucial for patient phenotyping, anticipating patients' prognoses by…

Medical Physics · Physics 2020-06-17 Changhee Lee , Mihaela van der Schaar

In this work, the possibility of clustering correlated random variables was examined, both because of their mutual similarity and because of their similarity to the principal components. The k-means algorithm and spectral algorithms were…

Machine Learning · Computer Science 2019-09-10 Zenon Gniazdowski , Dawid Kaliszewski

Peer-grouping is used in many sectors for organisational learning, policy implementation, and benchmarking. Clustering provides a statistical, data-driven method for constructing meaningful peer groups, but peer groups must be compatible…

Applications · Statistics 2021-07-14 Daniel William Kennedy , Jessica Cameron , Paul Pao-Yen Wu , Kerrie Mengersen

We present in this paper a novel non-parametric approach useful for clustering Markov processes. We introduce a pre-processing step consisting in mapping multivariate independent and identically distributed samples from random variables to…

Computational Engineering, Finance, and Science · Computer Science 2015-07-01 Gautier Marti , Frank Nielsen , Philippe Very , Philippe Donnat

Deep clustering uncovers hidden patterns and groups in complex time series data, yet its opaque decision-making limits use in safety-critical settings. This survey offers a structured overview of explainable deep clustering for time series,…

Machine Learning · Computer Science 2025-10-21 Udo Schlegel , Gabriel Marques Tavares , Thomas Seidl

Financial correlation matrices measure the unsystematic correlations between stocks. Such information is important for risk management. The correlation matrices are known to be ``noise dressed''. We develop a new and alternative method to…

Statistical Mechanics · Physics 2009-11-07 Thomas Guhr , Bernd Kaelber

Clustering analysis of functional data, which comprises observations that evolve continuously over time or space, has gained increasing attention across various scientific disciplines. Practical applications often involve functional data…

Methodology · Statistics 2024-06-19 Tingyu Zhu , Lan Xue , Carmen Tekwe , Keith Diaz , Mark Benden , Roger Zoh

In this paper, we consider the task of clustering a set of individual time series while modeling each cluster, that is, model-based time series clustering. The task requires a parametric model with sufficient flexibility to describe the…

Machine Learning · Computer Science 2023-02-23 Ryohei Umatani , Takashi Imai , Kaoru Kawamoto , Shutaro Kunimasa

According to recent findings [1,2], empirical covariance matrices deduced from financial return series contain such a high amount of noise that, apart from a few large eigenvalues and the corresponding eigenvectors, their structure can…

Statistical Mechanics · Physics 2009-11-07 Szilard Pafka , Imre Kondor

Stochastic Dominance (SD) theory provides a rigorous framework for selecting superior assets tailored to the asset allocation needs of investors with varying risk preferences (i.e., risk-averse, risk-seeking, and risk-neutral). However,…

Machine Learning · Statistics 2026-05-26 Hua Li , Xue Jia , Yilin Kang , Wing-Keung Wong

This paper builds the clustering model of measures of market microstructure features which are popular in predicting stock returns. In a 10-second time-frequency, we study the clustering structure of different measures to find out the best…

Statistical Finance · Quantitative Finance 2021-12-28 Liao Zhu , Ningning Sun , Martin T. Wells

The clustering algorithms that view each object data as a single sample drawn from a certain distribution, Gaussian distribution, for example, has been a hot topic for decades. Many clustering algorithms: such as k-means and spectral…

Machine Learning · Computer Science 2019-10-25 Xiang Wang , Tie Liu

This paper describes an approach to simultaneously identify clusters and estimate cluster-specific regression parameters from the given data. Such an approach can be useful in learning the relationship between input and output when the…

Statistical Finance · Quantitative Finance 2024-01-02 Udai Nagpal , Krishan Nagpal

Mixture model-based clustering, usually applied to multidimensional data, has become a popular approach in many data analysis problems, both for its good statistical properties and for the simplicity of implementation of the…

Methodology · Statistics 2013-12-30 Allou Samé , Faicel Chamroukhi , Gérard Govaert , Patrice Aknin

The paper is focused on the forecasting method for time series groups with the use of algorithms for cluster analysis. $K$-means algorithm is suggested to be a basic one for clustering. The coordinates of the centers of clusters have been…

Machine Learning · Computer Science 2015-09-17 N. N. Astakhova , L. A. Demidova , E. V. Nikulchev

Time series clustering promises to uncover hidden structural patterns in data with applications across healthcare, finance, industrial systems, and other critical domains. However, without validated ground truth information, researchers…

Machine Learning · Computer Science 2025-05-21 Isabella Degen , Zahraa S Abdallah , Henry W J Reeve , Kate Robson Brown