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A new forecasting method based on the concept of the profile predictive the likelihood function is proposed for discrete-valued processes. In particular, generalized autoregressive and moving average (GARMA) models for Poisson distributed…

Applications · Statistics 2018-07-10 Siuli Mukhopadhyay , V. Sathish

Current solar flare predictions often lack precise quantification of their reliability, resulting in frequent false alarms, particularly when dealing with datasets skewed towards extreme events. To improve the trustworthiness of space…

Solar and Stellar Astrophysics · Physics 2026-03-10 Jinsu Hong , Chetraj Pandey , Berkay Aydin

We introduce a methodology to construct parsimonious probabilistic models. This method makes use of Information Filtering Networks to produce a robust estimate of the global sparse inverse covariance from a simple sum of local inverse…

Information Theory · Computer Science 2017-02-21 Wolfram Barfuss , Guido Previde Massara , T. Di Matteo , Tomaso Aste

We develop a probabilistic framework for joint simulation of short-term electricity generation from renewable assets. In this paper we describe a method for producing hourly day-ahead scenarios of generated power at grid-scale across…

Statistical Finance · Quantitative Finance 2022-05-11 Mike Ludkovski , Glen Swindle , Eric Grannan

Real-valued time series are ubiquitous in the sciences and engineering. In this work, a general, hierarchical Bayesian modelling framework is developed for building mixture models for times series. This development is based, in part, on the…

Methodology · Statistics 2023-04-18 Ioannis Papageorgiou , Ioannis Kontoyiannis

The increasing penetration of photovoltaic (PV) generation introduces significant uncertainty into power system operation, necessitating forecasting approaches that extend beyond deterministic point predictions. This paper proposes an…

Machine Learning · Computer Science 2026-02-06 Slawek Smyl , Paweł Pełka , Grzegorz Dudek

We propose a novel approach for analysing time series using complex network theory. We identify the recurrence matrix calculated from time series with the adjacency matrix of a complex network, and apply measures for the characterisation of…

Chaotic Dynamics · Physics 2009-10-17 N. Marwan , J. F. Donges , Y. Zou , R. V. Donner , J. Kurths

Cyber-physical systems often consist of entities that interact with each other over time. Meanwhile, as part of the continued digitization of industrial processes, various sensor technologies are deployed that enable us to record…

Machine Learning · Computer Science 2018-09-03 Razvan-Gabriel Cirstea , Darius-Valer Micu , Gabriel-Marcel Muresan , Chenjuan Guo , Bin Yang

We consider a setting where multiple entities inter-act with each other over time and the time-varying statuses of the entities are represented as multiple correlated time series. For example, speed sensors are deployed in different…

Machine Learning · Computer Science 2021-03-23 Razvan-Gabriel Cirstea , Chenjuan Guo , Bin Yang

Feature-based time series representations have attracted substantial attention in a wide range of time series analysis methods. Recently, the use of time series features for forecast model averaging has been an emerging research focus in…

Machine Learning · Statistics 2020-07-21 Xixi Li , Yanfei Kang , Feng Li

Point forecasting of univariate time series is a challenging problem with extensive work having been conducted. However, nonparametric probabilistic forecasting of time series, such as in the form of quantiles or prediction intervals is an…

Machine Learning · Statistics 2020-05-15 Kostas Hatalis , Shalinee Kishore

Estimation of the generated power of renewable energy resources is in general important for planning operations as well as demand balance and power quality. This paper addresses the problem of the estimation of the short-term (3-hour ahead)…

Systems and Control · Electrical Eng. & Systems 2020-11-20 L. A. Dao , L. Ferrarini , D. La Carrubba

Major solar flares are abrupt surges in the Sun's magnetic flux, presenting significant risks to technological infrastructure. In view of this, effectively predicting major flares from solar active region magnetic field data through machine…

Solar and Stellar Astrophysics · Physics 2024-10-02 Onur Vural , Shah Muhammad Hamdi , Soukaina Filali Boubrahimi

We propose Significance-Offset Convolutional Neural Network, a deep convolutional network architecture for regression of multivariate asynchronous time series. The model is inspired by standard autoregressive (AR) models and gating…

Machine Learning · Computer Science 2018-06-13 Mikołaj Bińkowski , Gautier Marti , Philippe Donnat

This paper proposes to use a rather new modelling approach in the realm of solar radiation forecasting. In this work, two forecasting models: Autoregressive Moving Average (ARMA) and Neural Network (NN) models are combined to form a model…

Applications · Statistics 2012-03-27 Philippe Lauret , Auline Rodler , Marc Muselli , Mathieu David , Hadja Diagne , Cyril Voyant

Many economic variables feature changes in their conditional mean and volatility, and Time Varying Vector Autoregressive Models are often used to handle such complexity in the data. Unfortunately, when the number of series grows, they…

Econometrics · Economics 2022-01-19 G. Cubadda , S. Grassi , B. Guardabascio

This paper proposes an anticipative transformer-based model for short-term solar irradiance forecasting. Given a sequence of sky images, our proposed vision transformer encodes features of consecutive images, feeding into a transformer…

Computer Vision and Pattern Recognition · Computer Science 2023-05-31 Thomas M. Mercier , Tasmiat Rahman , Amin Sabet

Predictive skill of complex models is often not uniform in model-state space; in weather forecasting models, for example, the skill of the model can be greater in populated regions of interest than in "remote" regions of the globe. Given a…

Data Analysis, Statistics and Probability · Physics 2017-08-23 Hailiang Du , Leonard A. Smith

During the last decades, international attempts have been made to develop realistic space weather prediction tools aiming to forecast the conditions on the Sun and in the interplanetary environment. These efforts have led to the development…

This paper proposes a variational Bayes algorithm for computationally efficient posterior and predictive inference in time-varying parameter (TVP) models. Within this context we specify a new dynamic variable/model selection strategy for…

Computation · Statistics 2021-12-23 Gary Koop , Dimitris Korobilis