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In this note we develop an extension of the Mar\v{c}enko-Pastur theorem to time series model with temporal correlations. The limiting spectral distribution (LSD) of the sample covariance matrix is characterised by an explicit equation for…

Statistics Theory · Mathematics 2012-06-06 Jianfeng Yao

In random matrix theory, the spectral distribution of the covariance matrix has been well studied under the large dimensional asymptotic regime when the dimensionality and the sample size tend to infinity at the same rate. However, most…

Statistics Theory · Mathematics 2026-03-17 Qiang Liu , Yiming Liu , Zhi Liu , Wang Zhou

We introduce a new random matrix model called distance covariance matrix in this paper, whose normalized trace is equivalent to the distance covariance. We first derive a deterministic limit for the eigenvalue distribution of the distance…

Statistics Theory · Mathematics 2021-05-18 Weiming Li , Qinwen Wang , Jianfeng Yao

We propose a novel estimation procedure for certain spectral distributions associated with a class of high dimensional linear time series. The processes under consideration are of the form $X_t = \sum_{\ell=0}^\infty \mathbf{A}_\ell…

Statistics Theory · Mathematics 2025-04-15 Jamshid Namdari , Alexander Aue , Debashis Paul

In recent years, some spectrum sensing algorithms using multiple antennas, such as the eigenvalue based detection (EBD), have attracted a lot of attention. In this paper, we are interested in deriving the asymptotic distributions of the…

Information Theory · Computer Science 2016-11-15 Ying-Chang Liang , Guangming Pan , Yonghong Zeng

We consider general high-dimensional spiked sample covariance models and show that their leading sample spiked eigenvalues and their linear spectral statistics are asymptotically independent when the sample size and dimension are…

Statistics Theory · Mathematics 2020-09-25 Zhixiang Zhang , Shurong Zheng , Guangming Pan , Pingshou Zhong

This paper is concerned with the estimation of time-varying networks for high-dimensional nonstationary time series. Two types of dynamic behaviors are considered: structural breaks (i.e., abrupt change points) and smooth changes. To…

Statistics Theory · Mathematics 2020-02-19 Mengyu Xu , Xiaohui Chen , Wei Biao Wu

This work develops non-asymptotic theory for estimation of the long-run variance matrix and its inverse, the so-called precision matrix, for high-dimensional time series under general assumptions on the dependence structure including…

Statistics Theory · Mathematics 2023-01-02 Changryong Baek , Marie-Christine Düker , Vladas Pipiras

Many statistical applications require an estimate of a covariance matrix and/or its inverse. When the matrix dimension is large compared to the sample size, which happens frequently, the sample covariance matrix is known to perform poorly…

Statistics Theory · Mathematics 2012-07-24 Olivier Ledoit , Michael Wolf

This paper investigates limiting properties of eigenvalues of multivariate sample spatial-sign covariance matrices when both the number of variables and the sample size grow to infinity. The underlying p-variate populations are general…

Statistics Theory · Mathematics 2021-01-25 Weiming Li , Qinwen Wang , Jianfeng Yao , Wang Zhou

This paper introduces a new method to estimate the spectral distribution of a population covariance matrix from high-dimensional data. The method is founded on a meaningful generalization of the seminal Marcenko-Pastur equation, originally…

Methodology · Statistics 2013-02-05 Weiming Li , Jiaqi Chen , Yingli Qin , Jianfeng Yao , Zhidong Bai

This paper discusses fluctuations of linear spectral statistics of high-dimensional sample covariance matrices when the underlying population follows an elliptical distribution. Such population often possesses high order correlations among…

Statistics Theory · Mathematics 2018-03-22 Jiang Hu , Weiming Li , Zhi Liu , Wang Zhou

In the realm of high-dimensional data analysis, the estimation of covariance matrices is a fundamental task, and this holds true for interval-valued data as well. However, there is no unified definition for the covariance matrix of…

Methodology · Statistics 2026-04-02 Wan Tian , Wenhao Cui , Rui Zhang , Bingyi Jing , Yang Liu , Yijie Peng

In this paper we estimate the mean-variance portfolio in the high-dimensional case using the recent results from the theory of random matrices. We construct a linear shrinkage estimator which is distribution-free and is optimal in the sense…

Statistical Finance · Quantitative Finance 2023-04-19 Taras Bodnar , Yarema Okhrin , Nestor Parolya

In practice, observations are often contaminated by noise, making the resulting sample covariance matrix to be an information-plus-noise-type covariance matrix. Aiming to make inferences about the spectra of the underlying true covariance…

Statistics Theory · Mathematics 2015-08-25 Ningning Xia , Xinghua Zheng

Due to the mechanism of recording, the presence of multiple transactions at each recording time becomes a common feature for high-frequency data in financial market. Using random matrix theory, this paper considers the estimation of…

Statistics Theory · Mathematics 2019-09-06 Moming Wang , Ningning Xia , You Zhou

The eigenvector empirical spectral distribution (VESD) is a useful tool in studying the limiting behavior of eigenvalues and eigenvectors of covariance matrices. In this paper, we study the convergence rate of the VESD of sample covariance…

Probability · Mathematics 2020-08-19 Haokai Xi , Fan Yang , Jun Yin

In this paper, we consider directly estimating the eigenvalues of precision matrix, without inverting the corresponding estimator for the eigenvalues of covariance matrix. We focus on a general asymptotic regime, i.e., the large dimensional…

Statistics Theory · Mathematics 2025-09-22 Jie Zhou , Junhao Xie , Jiaqi Chen

Spectral properties of random matrices play an important role in statistics, machine learning, communications, and many other areas. Engaging results regarding the convergence of the empirical spectral distribution (ESD) and the…

Statistics Theory · Mathematics 2025-07-08 Zeyan Zhuang , Xin Zhang , Dongfang Xu , Shenghui Song

Spatial-sign covariance matrix (SSCM) is an important substitute of sample covariance matrix (SCM) in robust statistics. This paper investigates the SSCM on its asymptotic spectral behaviors under high-dimensional elliptical populations,…

Statistics Theory · Mathematics 2017-05-19 Weiming Li , Wang Zhou