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The Hawkes model is suitable for describing self and mutually exciting random events. In addition, the exponential decay in the Hawkes process allows us to calculate the moment properties in the model. However, due to the complexity of the…

Statistical Finance · Quantitative Finance 2024-09-24 Kyungsub Lee

This paper considers the problem of robustly estimating the parameters of a heavy-tailed multivariate distribution when the covariance matrix is known to have the structure of a low-rank matrix plus a diagonal matrix as considered in factor…

Computation · Statistics 2019-09-30 Rui Zhou , Junyan Liu , Sandeep Kumar , Daniel P. Palomar

This note considers the unstructured sparse recovery problems in a general form. Examples include rational approximation, spectral function estimation, Fourier inversion, Laplace inversion, and sparse deconvolution. The main challenges are…

Numerical Analysis · Mathematics 2024-03-11 Lexing Ying

Recent works have established a novel viewpoint that treats the eigenvalue spectra of disordered quantum systems as time-series, and corresponding algorithms such as singular-value-decomposition has proven its advantage in studying subtle…

Disordered Systems and Neural Networks · Physics 2024-02-07 Qiaomu Xue , Wenjia Rao

We apply methods from randomized numerical linear algebra (RandNLA) to develop improved algorithms for the analysis of large-scale time series data. We first develop a new fast algorithm to estimate the leverage scores of an autoregressive…

Methodology · Statistics 2021-11-02 Ali Eshragh , Fred Roosta , Asef Nazari , Michael W. Mahoney

Volatility for financial assets returns can be used to gauge the risk for financial market. We propose a deep stochastic volatility model (DSVM) based on the framework of deep latent variable models. It uses flexible deep learning models to…

Machine Learning · Computer Science 2021-02-26 Xiuqin Xu , Ying Chen

We present a new approach to calculating time eigenvalues of the neutron transport operator (also known as $\alpha$ eigenvalues) by extending the dynamic mode decomposition (DMD) to allow for non-uniform time steps. The new method, called…

Computational Physics · Physics 2022-08-24 Ethan Smith , Ilham Variansyah , Ryan McClarren

Nonlinear initial value turbulence simulations often exhibit large temporal variations in their dynamics. Quantifying the temporal uncertainty of turbulence simulation outputs is an important component of validating the simulation results…

Plasma Physics · Physics 2019-03-01 Payam Vaezi , Chris Holland

In this paper, High-dimensional data analysis methods are proposed to deal with random matrix which is composed by the real data from power network before and after the fault. The mean spectral radius (MSR) of non-Hermitian random matrices…

Applications · Statistics 2015-03-31 Y. Cao , L. Cai , C. Qiu , J. Gu , X. He , Q. Ai , Z. Jin

Results regarding probable bifurcations from fixed points are presented in the context of general dynamical systems (real, random matrices), time-delay dynamical systems (companion matrices), and a set of mappings known for their properties…

Chaotic Dynamics · Physics 2009-11-11 D. J. Albers , J. C. Sprott

Multivariate dynamic time series models are widely encountered in practical studies, e.g., modelling policy transmission mechanism and measuring connectedness between economic agents. To better capture the dynamics, this paper proposes a…

Econometrics · Economics 2020-10-06 Yayi Yan , Jiti Gao , Bin Peng

In this paper we discuss dynamic ARMA-type regression models for time series taking values in $(0,\infty)$. In the proposed model, the conditional mean is modeled by a dynamic structure containing autoregressive and moving average terms,…

The correlation matrix is the key element in optimal portfolio allocation and risk management. In particular, the eigenvectors of the correlation matrix corresponding to large eigenvalues can be used to identify the market mode, sectors and…

Trading and Market Microstructure · Quantitative Finance 2019-11-05 S. Valeyre , D. S. Grebenkov , S. Aboura

In dealing with high-dimensional data sets, factor models are often useful for dimension reduction. The estimation of factor models has been actively studied in various fields. In the first part of this paper, we present a new approach to…

Statistical Finance · Quantitative Finance 2017-11-27 Joongyeub Yeo , George Papanicolaou

Motivated by learning of correlated equilibria in non-cooperative games, we perform a large deviations analysis of a regret minimizing stochastic approximation algorithm. The regret minimization algorithm we consider comprises multiple…

Optimization and Control · Mathematics 2024-06-04 Hongjiang Qian , Vikram Krishnamurthy

The eigenvalues of matrices representing the structure of large-scale complex networks present a wide range of applications, from the analysis of dynamical processes taking place in the network to spectral techniques aiming to rank the…

Social and Information Networks · Computer Science 2015-03-17 Victor M. Preciado , Ali Jadbabaie

We provide a nonparametric method for the computation of instantaneous multivariate volatility for continuous semi-martingales, which is based on Fourier analysis. The co-volatility is reconstructed as a stochastic function of time by…

Statistics Theory · Mathematics 2009-08-14 Paul Malliavin , Maria Elvira Mancino

We introduce a multivariate stochastic volatility model for asset returns that imposes no restrictions to the structure of the volatility matrix and treats all its elements as functions of latent stochastic processes. When the number of…

Machine Learning · Statistics 2017-01-09 P. Dellaportas , A. Plataniotis , M. K. Titsias

This work presents a Bayesian approach for the estimation of Beta Autoregressive Moving Average ($\beta$ARMA) models. We discuss standard choice for the prior distributions and employ a Hamiltonian Monte Carlo algorithm to sample from the…

Methodology · Statistics 2023-07-17 Aline Foerster Grande , Guilherme Pumi , Gabriela Bettella Cybis

Several large volatility matrix inference procedures have been developed, based on the latent factor model. They often assumed that there are a few of common factors, which can account for volatility dynamics. However, several studies have…

Econometrics · Economics 2022-12-20 Sung Hoon Choi , Donggyu Kim