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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

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

The minimum spanning tree (MST) is a combinatorial optimization problem: given a connected graph with a real weight ("cost") on each edge, find the spanning tree that minimizes the sum of the total cost of the occupied edges. We consider…

Statistical Mechanics · Physics 2010-02-26 T. S. Jackson , N. Read

We investigate a factor that can affect the number of links of a specific stock in a network between stocks created by the minimal spanning tree (MST) method, by using individual stock data listed on the S&P500 and KOSPI. Among the common…

Data Analysis, Statistics and Probability · Physics 2015-06-26 Cheoljun Eom , Gabjin Oh , Seunghwan Kim

We study the relation between the minimal spanning tree (MST) on many random points and the "near-minimal" tree which is optimal subject to the constraint that a proportion $\delta$ of its edges must be different from those of the MST.…

Probability · Mathematics 2007-07-24 David Aldous , Charles Bordenave , Marc Lelarge

There are numerous randomized algorithms to generate spanning trees in a given ambient graph; several target the uniform distribution on trees (UST), while in practice the fastest and most frequently used draw random weights on the edges…

Discrete Mathematics · Computer Science 2026-04-29 Eric Babson , Moon Duchin , Annina Iseli , Pietro Poggi-Corradini , Dylan Thurston , Jamie Tucker-Foltz

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

Recent years have witnessed a surge of biological interest in the minimum spanning tree (MST) problem for its relevance to automatic model construction using the distances between data points. Despite the increasing use of MST algorithms…

Quantitative Methods · Quantitative Biology 2015-11-02 Momoko Hayamizu , Hiroshi Endo , Kenji Fukumizu

Decision trees with binary splits are popularly constructed using Classification and Regression Trees (CART) methodology. For regression models, this approach recursively divides the data into two near-homogenous daughter nodes according to…

Machine Learning · Statistics 2020-11-20 Jason M. Klusowski

We investigate the time series of the degree of minimum spanning trees obtained by using a correlation based clustering procedure which is starting from (i) asset return and (ii) volatility time series. The minimum spanning tree is obtained…

Statistical Mechanics · Physics 2009-11-07 Salvatore Miccichè , Giovanni Bonanno , Fabrizio Lillo , Rosario N. Mantegna

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

Finding a minimum spanning tree (MST) for $n$ points in an arbitrary metric space is a fundamental primitive for hierarchical clustering and many other ML tasks, but this takes $\Omega(n^2)$ time to even approximate. We introduce a…

Data Structures and Algorithms · Computer Science 2025-02-19 Nate Veldt , Thomas Stanley , Benjamin W. Priest , Trevor Steil , Keita Iwabuchi , T. S. Jayram , Geoffrey Sanders

Processing graphs with temporal information (the temporal graphs) has become increasingly important in the real world. In this paper, we study efficient solutions to temporal graph applications using new algorithms for Incremental Minimum…

Data Structures and Algorithms · Computer Science 2025-05-13 Xiangyun Ding , Yan Gu , Yihan Sun

Maximum spanning tree (MST) is a popular tool in market network analysis. Large number of publications are devoted to the MST calculation and it's interpretation for particular stock markets. However, much less attention is payed in the…

Statistical Finance · Quantitative Finance 2022-06-01 V. A. Kalyagin , A. P. Koldanov , P. A. Koldanov

A complete understanding of real networks requires us to understand the consequences of the uneven interaction strengths between a system's components. Here we use the minimum spanning tree (MST) to explore the effect of weight assignment…

Disordered Systems and Neural Networks · Physics 2007-05-23 P. J. Macdonald , E. Almaas , A. -L. Barabasi

We propose a model that forecasts market correlation structure from link- and node-based financial network features using machine learning. For such, market structure is modeled as a dynamic asset network by quantifying time-dependent…

Computational Finance · Quantitative Finance 2021-10-25 Douglas Castilho , Tharsis T. P. Souza , Soong Moon Kang , João Gama , André C. P. L. F. de Carvalho

Choi et. al (2011) introduced a minimum spanning tree (MST)-based method called CLGrouping, for constructing tree-structured probabilistic graphical models, a statistical framework that is commonly used for inferring phylogenetic trees.…

Combinatorics · Mathematics 2017-01-12 Prabhav Kalaghatgi , Thomas Lengauer

We study correlations of a set of stocks selected from both the New York and London stock exchanges. Results are displayed using both Random Matrix Theory approach and the graphical visualisation of the Minimal Spanning Tree. For the set of…

Physics and Society · Physics 2007-10-29 Ricardo Coelho , Peter Richmond , Stefan Hutzler , Brian Lucey

Minimum spanning trees (MSTs) provide a convenient representation of datasets in numerous pattern recognition activities. Moreover, they are relatively fast to compute. In this paper, we quantify the extent to which they are meaningful in…

Machine Learning · Statistics 2025-10-16 Marek Gagolewski , Anna Cena , Maciej Bartoszuk , Łukasz Brzozowski

The minimum spanning tree (MST) construction is a classical problem in Distributed Computing for creating a globally minimized structure distributedly. Self-stabilization is versatile technique for forward recovery that permits to handle…

Data Structures and Algorithms · Computer Science 2016-11-25 Lélia Blin , Maria Gradinariu Potop-Butucaru , Stephane Rovedakis , Sébastien Tixeuil
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