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We introduce a new technique to associate a spanning tree to the average linkage cluster analysis. We term this tree as the Average Linkage Minimum Spanning Tree. We also introduce a technique to associate a value of reliability to links of…

Physics and Society · Physics 2007-09-26 M. Tumminello , C. Coronnello , F. Lillo , S. Micciche' , R. N. Mantegna

We investigate hierarchical structure in various complex systems according to Minimum Spanning Tree methods. Firstly, we investigate stock markets where the graphis obtained from the matrix of correlations coefficient computed between all…

General Finance · Quantitative Finance 2014-06-13 Andrzej Jarynowski , Andrzej Buda

We introduce a technique that is capable to filter out information from complex systems, by mapping them to networks, and extracting a subgraph with the strongest links. This idea is based on the Minimum Spanning Tree, and it can be applied…

Physics and Society · Physics 2009-05-17 Antonios Garas , Panos Argyrakis

This work employs some techniques in order to filter random noise from the information provided by minimum spanning trees obtained from the correlation matrices of international stock market indices prior to and during times of crisis. The…

Statistical Finance · Quantitative Finance 2014-08-11 Leonidas Sandoval Junior

A new cross-correlation synchrony index for neural activity is proposed. The index is based on the integration of the kernel estimation of the cross-correlation function. It is used to test for the dynamic synchronization levels of…

Neurons and Cognition · Quantitative Biology 2016-02-22 Aldana M. González Montoro , Ricardo Cao , Nelson Espinosa , Javier Cudeiro , Jorge Mariño

Bootstrap percolation is a simple but non-trivial model. It has applications in many areas of science and has been explored on random networks for several decades. In single layer (simplex) networks, it has been recently observed that…

Disordered Systems and Neural Networks · Physics 2014-04-23 Gareth J. Baxter , Sergey N. Dorogovtsev , José F. F. Mendes , Davide Cellai

We introduce a technique to filter out complex data-sets by extracting a subgraph of representative links. Such a filtering can be tuned up to any desired level by controlling the genus of the resulting graph. We show that this technique is…

Disordered Systems and Neural Networks · Physics 2007-05-23 M. Tumminello , T. Aste , T. Di Matteo , R. N. Mantegna

In this article we review several techniques to extract information from stock market data. We discuss recurrence analysis of time series, decomposition of aggregate correlation matrices to study co-movements in financial data, stock level…

General Finance · Quantitative Finance 2016-07-20 Kiran Sharma , Shreyansh Shah , Anindya S. Chakrabarti , Anirban Chakraborti

A core problem in statistical network analysis is to develop network analogues of classical techniques. The problem of bootstrapping network data stands out as especially challenging, since typically one observes only a single network,…

Statistics Theory · Mathematics 2021-10-13 Keith Levin , Elizaveta Levina

We present here a topological characterization of the minimal spanning tree that can be obtained by considering the price return correlations of stocks traded in a financial market. We compare the minimal spanning tree obtained from a large…

Statistical Mechanics · Physics 2009-11-07 Giovanni Bonanno , Guido Caldarelli , Fabrizio Lillo , and Rosario N. Mantegna

This paper give a simple linear-time algorithm that, given a weighted digraph, finds a spanning tree that simultaneously approximates a shortest-path tree and a minimum spanning tree. The algorithm provides a continuous trade-off: given the…

Data Structures and Algorithms · Computer Science 2015-06-02 Samir Khuller , Balaji Raghavachari , Neal E. Young

In recent years there has been a paradigm shift from the study of local task-related activation to the organization and functioning of large-scale functional and structural brain networks. However, a long-standing challenge in this…

Quantitative Methods · Quantitative Biology 2025-11-26 Sixtus Dakurah

By amalgamating data from disparate sources, the resulting integrated dataset becomes a valuable resource for statistical analysis. In probabilistic record linkage, the effectiveness of such integration relies on the availability of linkage…

Methodology · Statistics 2025-11-10 Siu-Ming Tam , Min Wang , Alicia Rambaldi , Dehua Tao

Based on a recently proposed $q$-dependent detrended cross-correlation coefficient $\rho_q$, we generalize the concept of minimum spanning tree (MST) by introducing a family of $q$-dependent minimum spanning trees ($q$MST) that are…

Statistical Finance · Quantitative Finance 2017-05-19 Jaroslaw Kwapien , Pawel Oswiecimka , Marcin Forczek , Stanislaw Drozdz

The construction of minimum spanning trees (MSTs) from correlation matrices is an often used method to study relationships in the financial markets. However most of the work on this topic tends to use the Pearson correlation coefficient,…

Computational Engineering, Finance, and Science · Computer Science 2021-02-03 Tristan Millington , Mahesan Niranjan

A novel approach for non-intrusive uncertainty propagation is proposed. Our approach overcomes the limitation of many traditional methods, such as generalised polynomial chaos methods, which may lack sufficient accuracy when the quantity of…

Numerical Analysis · Mathematics 2018-03-20 Yous van Halder , Benjamin Sanderse , Barry Koren

We introduce the minimum labelling spanning bi-connected subgraph problem (MLSBP) replacing connectivity by bi-connectivity in the well known minimum labelling spanning tree problem (MLSTP). A graph is bi-connected if, for every two…

Data Structures and Algorithms · Computer Science 2015-05-08 J. A. Moreno Perez , S. Consoli

Minimum Spanning Tree (MST) is an important graph algorithm that has wide ranging applications in the areas of computer networks, VLSI routing, wireless communications among others. Today virtually every computer is built out of multi-core…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-05-15 Suryanarayana Murthy Durbhakula

Statistical inference of the dependence between objects often relies on covariance matrices. Unless the number of features (e.g. data points) is much larger than the number of objects, covariance matrix cleaning is necessary to reduce…

Risk Management · Quantitative Finance 2021-06-09 Christian Bongiorno , Damien Challet

Multilayer networks are attracting growing attention in many fields, including finance. In this paper, we develop a new tractable procedure for multilayer aggregation based on statistical validation, which we apply to investor networks.…

Trading and Market Microstructure · Quantitative Finance 2018-05-30 Kęstutis Baltakys , Juho Kanniainen , Frank Emmert-Streib
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