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The generalized Pareto distribution (GPD) is a fundamental model for analyzing the tail behavior of a distribution. In particular, the shape parameter of the GPD characterizes the extremal properties of the distribution. As described in…

Methodology · Statistics 2026-02-18 Takuma Yoshida , Koki Momoki , Shuichi Kawano

We develop an end-to-end deep learning-based anomaly detection model for temporal data in transportation networks. The proposed EVT-LSTM model is derived from the popular LSTM (Long Short-Term Memory) network and adopts an objective…

Machine Learning · Computer Science 2019-11-21 Neema Davis , Gaurav Raina , Krishna Jagannathan

Capturing the extremal behaviour of data often requires bespoke marginal and dependence models which are grounded in rigorous asymptotic theory, and hence provide reliable extrapolation into the upper tails of the data-generating…

Electromagnetic information theory (EIT) is one of the emerging topics for 6G communication due to its potential to reveal the performance limit of wireless communication systems. For EIT, the research foundation is reasonable and accurate…

Information Theory · Computer Science 2024-05-28 Zhongzhichao Wan , Jieao Zhu , Linglong Dai

The increasing penetration of embedded renewables makes forecasting net-load, consumption less embedded generation, a significant and growing challenge. Here a framework for producing probabilistic forecasts of net-load is proposed with…

Applications · Statistics 2022-10-06 Jethro Browell , Matteo Fasiolo

Graph models provide efficient tools to capture the underlying structure of data defined over networks. Many real-world network topologies are subject to change over time. Learning to model the dynamic interactions between entities in such…

Machine Learning · Computer Science 2025-01-03 Amirhossein Javaheri , Jiaxi Ying , Daniel P. Palomar , Farokh Marvasti

The extreme values theory presents specific tools for modeling and predicting extreme phenomena. In particular, risk assessment is often analyzed through measures for tail dependence and high values clustering. Despite technological…

Statistics Theory · Mathematics 2020-03-23 Helena Ferreira , Marta Ferreira

In this paper we present an effective analytical modeling approach for the design of the transmission of electric vehicles. Specifically, we first devise an analytical loss model for an electric machine and show that it can be accurately…

Systems and Control · Electrical Eng. & Systems 2020-06-09 Theo Hofman , Mauro Salazar

For extreme value estimation we propose to use a model with a Dirichlet process mixture of gamma densities in the center and generalized Pareto densities for the tails. Due to the randomness in the center and a heavy tailed density in the…

Methodology · Statistics 2013-04-01 Jairo Fuquene

We study tail risk dynamics in high-frequency financial markets and their connection with trading activity and market uncertainty. We introduce a dynamic extreme value regression model accommodating both stationary and local unit-root…

Econometrics · Economics 2023-01-05 Julien Hambuckers , Li Sun , Luca Trapin

In recent years several attempts have been made to extend tail modelling towards the modal part of the data. Frigessi et al. (2002) introduced dynamic mixtures of two components with a weight function {\pi} = {\pi}(x) smoothly connecting…

Methodology · Statistics 2018-10-03 Jan Beirlant , Gaonyalelwe Maribe , Philippe Naveau , Andrehette Verster

Ultra-reliable communication (URC) is a key enabler for supporting immersive and mission-critical 5G applications. Meeting the strict reliability requirements of these applications is challenging due to the absence of accurate statistical…

Networking and Internet Architecture · Computer Science 2020-12-23 Sumudu Samarakoon , Mehdi Bennis , Walid Saad , Merouane Debbah

Ultra-Reliable Low Latency Communication (URLLC) is one of the distinctive features of the upcoming 5G wireless communication, going down to packet error rates (PER) of $10^{-9}$. In this paper we discuss the statistical properties of the…

Information Theory · Computer Science 2018-01-15 Patrick C. F. Eggers , Marko Angjelichinoski , Petar Popovski

This paper presents an innovative approach to extreme precipitation nowcasting by employing Transformer-based generative models, namely NowcastingGPT with Extreme Value Loss (EVL) regularization. Leveraging a comprehensive dataset from the…

Machine Learning · Computer Science 2024-03-07 Cristian Meo , Ankush Roy , Mircea Lică , Junzhe Yin , Zeineb Bou Che , Yanbo Wang , Ruben Imhoff , Remko Uijlenhoet , Justin Dauwels

Inference in extreme value theory relies on a limited number of extreme observations, making estimation challenging. To address this limitation, we propose a non-parametric simulation scheme, the multivariate extreme events spectral…

Methodology · Statistics 2026-04-13 Nisrine Madhar , Juliette Legrand , Maud Thomas

Interleaving is a mechanism universally used in wireless access technologies to alleviate the effect of channel correlation. In spite of its wide adoption, to the best of our knowledge, there are no analytical models proposed so far. In…

Information Theory · Computer Science 2018-01-31 Dmitri Moltchanov , Pavel Kustarev , Yevgeni Kucharyavy

Recent advancements in Distributional Reinforcement Learning (DRL) for modeling loss distributions have shown promise in developing hedging strategies in derivatives markets. A common approach in DRL involves learning the quantiles of loss…

Risk Management · Quantitative Finance 2024-08-28 Parvin Malekzadeh , Zissis Poulos , Jacky Chen , Zeyu Wang , Konstantinos N. Plataniotis

In this paper, we propose a novel frequency-severity joint trip-level risk index that combines the frequency of abnormal driving patterns with a severity component reflecting how extreme such behavior is relative to a portfolio-level…

Applications · Statistics 2026-03-18 Jongtaek Lee , Andrei Badescu , X. Sheldon Lin

The possibilities of the use of the coefficient of variation over a high threshold in tail modelling are discussed. The paper also considers multiple threshold tests for a generalized Pareto distribution, together with a threshold selection…

Statistics Theory · Mathematics 2015-10-02 J. Castillo , M. Padilla

This brief paper summarize the chances offered by the Peak-Over-Threshold method, related with analysis of extremes. Identification of appropriate Value at Risk can be solved by fitting data with a Generalized Pareto Distribution. Also an…

Applications · Statistics 2015-09-04 Gianluca Rosso