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We proposed a general Principal Orthogonal complEment Thresholding (POET) framework for large-scale covariance matrix estimation based on an approximate factor model. A set of high level sufficient conditions for the procedure to achieve…

Methodology · Statistics 2015-07-31 Jianqing Fan , Han Liu , Weichen Wang

High-dimensional data models, often with low sample size, abound in many interdisciplinary studies, genomics and large biological systems being most noteworthy. The conventional assumption of multinormality or linearity of regression may…

Statistics Theory · Mathematics 2008-12-18 Pranab K. Sen

Estimation of the covariance matrix of asset returns is crucial to portfolio construction. As suggested by economic theories, the correlation structure among assets differs between emerging markets and developed countries. It is therefore…

Methodology · Statistics 2021-09-28 Xin Chen , Dan Yang , Yan Xu , Yin Xia , Dong Wang , Haipeng Shen

The rank-based association between two variables can be modeled by introducing a latent normal level to ordinal data. We demonstrate how this approach yields Bayesian inference for Kendall's rank correlation coefficient, improving on a…

Methodology · Statistics 2018-05-25 Johnny van Doorn , Alexander Ly , Maarten Marsman , Eric-Jan Wagenmakers

We present efficient algorithms for simultaneously computing Kendall's tau and the jackknife estimator of its variance. For the classical pairwise tau, we describe a modification of Knight's algorithm (originally designed to compute only…

Computation · Statistics 2024-06-25 Samuel Perreault

We consider the problem of similarity search within a set of top-k lists under the Kendall's Tau distance function. This distance describes how related two rankings are in terms of concordantly and discordantly ordered items. As top-k lists…

Databases · Computer Science 2014-09-03 Koninika Pal , Sebastian Michel

Understanding the correlation between two different scores for the same set of items is a common problem in information retrieval, and the most commonly used statistics that quantifies this correlation is Kendall's $\tau$. However, the…

Social and Information Networks · Computer Science 2014-11-03 Sebastiano Vigna

We study nonparametric estimators of conditional Kendall's tau, a measure of concordance between two random variables given some covariates. We prove non-asymptotic bounds with explicit constants, that hold with high probabilities. We…

Statistics Theory · Mathematics 2019-03-08 Alexis Derumigny , Jean-David Fermanian

Doubly truncated data are found in astronomy, econometrics and survival analysis literature. They arise when each observation is confined to an interval, i.e., only those which fall within their respective intervals are observed along with…

Methodology · Statistics 2017-01-05 Zhiliang Ying , Wen Yu , Ziqiang Zhao , Ming Zheng

In this study, we propose a projection estimation method for large-dimensional matrix factor models with cross-sectionally spiked eigenvalues. By projecting the observation matrix onto the row or column factor space, we simplify factor…

Methodology · Statistics 2020-12-04 Long Yu , Yong He , Xin-bing Kong , Xinsheng Zhang

We develop an estimation methodology for a factor model for high-dimensional matrix-valued time series, where common stochastic trends and common stationary factors can be present. We study, in particular, the estimation of (row and column)…

Methodology · Statistics 2025-01-06 Rong Chen , Simone Giannerini , Greta Goracci , Lorenzo Trapani

Correlation matrices are omnipresent in multivariate data analysis. When the number d of variables is large, the sample estimates of correlation matrices are typically noisy and conceal underlying dependence patterns. We consider the case…

Statistics Theory · Mathematics 2024-10-24 Samuel Perreault , Thierry Duchesne , Johanna G. Nešlehová

Wide class of elliptically contoured distributions is a popular model of stock returns distribution. However the important question of adequacy of the model is open. There are some results which reject and approve such model. Such results…

Applications · Statistics 2019-07-25 Petr Koldanov

Random matrix theory allows one to deduce the eigenvalue spectrum of a large matrix given only statistical information about its elements. Such results provide insight into what factors contribute to the stability of complex dynamical…

Disordered Systems and Neural Networks · Physics 2025-01-30 Joseph W. Baron , Thomas Jun Jewell , Christopher Ryder , Tobias Galla

Functional principal component analysis is essential in functional data analysis, but the inferences will become unconvincing when some non-Gaussian characteristics occur, such as heavy tail and skewness. The focus of this paper is to…

Methodology · Statistics 2021-02-02 Rou Zhong , Shishi Liu , Jingxiao Zhang , Haocheng Li

This paper develops an inferential theory for high-dimensional matrix-variate factor models with missing observations. We propose an easy-to-use all-purpose method that involves two straightforward steps. First, we perform principal…

Methodology · Statistics 2025-03-26 Yongxia Zhang , Jinwen Liang , Liwen Xu , Keming Yu , Maozai Tian

High-dimensional data arise routinely in modern statistics, econometrics, finance, genomics, and machine learning. While a large body of existing methodology is developed under Gaussian or light-tailed assumptions, many real data sets…

Methodology · Statistics 2026-04-16 Long Feng

We propose a new method for identifying and estimating the CP-factor models for matrix time series. Unlike the generalized eigenanalysis-based method of Chang et al. (2023) for which the convergence rates of the associated estimators may…

Methodology · Statistics 2025-07-29 Jinyuan Chang , Yue Du , Guanglin Huang , Qiwei Yao

Order-of-addition experiments arise when the response depends on the order in which a set of components is added. Since the number of possible orders increases factorially with the number of components, full permutation designs are rarely…

Methodology · Statistics 2026-05-27 Hui Shao , Yaping Wang , Qian Xiao

Random Matrix Theory is a powerful tool in applied mathematics. Three canonical models of random matrix distributions are the Gaussian Orthogonal, Unitary and Symplectic Ensembles. For matrix ensembles defined on k-fold tensor products of…

Mathematical Physics · Physics 2024-05-06 Michael Brodskiy , Owen L. Howell