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In this paper we introduce the well-balanced L\'{e}vy driven Ornstein-Uhlenbeck process as a moving average process of the form $X_t=\int \exp(-\lambda |t-u|)dL_u$. In contrast to L\'{e}vy driven Ornstein-Uhlenbeck processes the…

Probability · Mathematics 2013-01-08 Alexander Schnurr , Jeannette H. C. Woerner

Temporal noise correlations are ubiquitous in quantum systems, yet often neglected in the analysis of quantum circuits due to the complexity required to accurately characterize and model them. Autoregressive moving average (ARMA) models are…

Quantum Physics · Physics 2021-09-15 Kevin Schultz , Gregory Quiroz , Paraj Titum , B. D. Clader

In this paper we show that stationary and non-stationary multivariate continuous-time ARMA (MCARMA) processes have the representation as a sum of multivariate complex-valued Ornstein-Uhlenbeck processes under some mild assumptions. The…

Statistics Theory · Mathematics 2021-02-24 Vicky Fasen-Hartmann , Markus Scholz

In this paper, we investigate estimators for symmetric $\alpha$-stable CARMA processes sampled equidistantly. Simulation studies suggest that the Whittle estimator and the estimator presented in Garc\'{\i}a et al. (2011) are consistent…

Statistics Theory · Mathematics 2020-09-11 Vicky Fasen-Hartmann , Celeste Mayer

Assuming that a L\'evy-Driven Ornstein-Uhlenbeck (or CAR(1)) processes is observed at discrete times $0$, $h$, $2h$,$\cdots$ $[T/h]h$. We introduce a step-by-step methodological approach on how a person would verify the model assumptions.…

Applications · Statistics 2025-01-14 Ibrahim Abdelrazeq , Hardy Smith , Dinmukhammed Zhanbyrshy

We introduce L\'evy-driven causal CARMA random fields on $\mathbb{R}^d$, extending the class of CARMA processes. The definition is based on a system of stochastic partial differential equations which generalize the classical state-space…

Probability · Mathematics 2018-05-24 Viet Son Pham

We address the problem of defining early warning indicators of critical transition. To this purpose, we fit the relevant time series through a class of linear models, known as Auto-Regressive Moving-Average (ARMA(p,q)) models. We define two…

Data Analysis, Statistics and Probability · Physics 2015-06-18 Davide Faranda , Flavio Maria Emanuele Pons , Bérengère Dubrulle

One of the important and widely used classes of models for non-Gaussian time series is the generalized autoregressive model average models (GARMA), which specifies an ARMA structure for the conditional mean process of the underlying time…

Methodology · Statistics 2021-05-13 Tingguo Zheng , Han Xiao , Rong Chen

Estimating hidden processes from non-linear noisy observations is particularly difficult when the parameters of these processes are not known. This paper adopts a machine learning approach to devise variational Bayesian inference for such…

Machine Learning · Computer Science 2019-11-05 Komlan Atitey , Pavel Loskot , Lyudmila Mihaylova

High-frequency sampled multivariate continuous time autoregressive moving average processes are investigated. We obtain asymptotic expansion for the spectral density of the sampled MCARMA process $(Y_{n\Delta})_{n \in \mathbb{Z}}$ as…

Probability · Mathematics 2015-09-14 Peter Kevei

We present a Monte Carlo approach to pairs trading on mean-reverting spreads modeled by L\'evy-driven Ornstein-Uhlenbeck processes. Specifically, we focus on using a variance gamma driving process, an infinite activity pure jump process to…

Computational Finance · Quantitative Finance 2024-02-02 Tim Leung , Kevin W. Lu

We develop efficient methods for simulating processes of Ornstein-Uhlenbeck type related to the class of $p$-tempered $\alpha$-stable ($\ts$) distributions. Our results hold for both the univariate and multivariate cases and we consider…

Probability · Mathematics 2022-03-02 Michael Grabchak , Piergiacomo Sabino

A self-exciting point process with a continuous-time autoregressive moving average intensity process, named CARMA(p,q)-Hawkes model, has recently been introduced. The model generalizes the Hawkes process by substituting the…

Mathematical Finance · Quantitative Finance 2024-12-20 Lorenzo Mercuri , Andrea Perchiazzo , Edit Rroji

Autoregressive tempered fractionally integrated moving average with stable innovations modifies the power-law kernel of the fractionally integrated time series model by adding an exponential tempering factor. The tempered time series is a…

Applications · Statistics 2021-03-16 Jinu Kabala , Farzad Sabzikar

In this article, we first propose the modified Hannan-Rissanen Method for estimating the parameters of the autoregressive moving average (ARMA) process with symmetric stable noise and symmetric stable generalized autoregressive conditional…

Computation · Statistics 2019-11-25 Aastha M. Sathe , N. S. Upadhye

Stable distributions are a celebrated class of probability laws used in various fields. The $\alpha$-stable process, and its exponentially tempered counterpart, the Classical Tempered Stable (CTS) process, are also prominent examples of…

Probability · Mathematics 2024-12-10 Taher Jalal

We study a particular class of moving average processes which possess a property called localisability. This means that, at any given point, they admit a ``tangent process'', in a suitable sense. We give general conditions on the kernel g…

Probability · Mathematics 2009-06-25 Kenneth Falconer , Ronan Le Guével , Jacques Lévy-Véhel

Celestial objects exhibit a wide range of variability in brightness at different wavebands. Surprisingly, the most common methods for characterizing time series in statistics -- parametric autoregressive modeling -- is rarely used to…

Instrumentation and Methods for Astrophysics · Physics 2019-01-24 Eric D. Feigelson , G. Jogesh Babu , Gabriel A. Caceres

In this paper we present a robust estimator for the parameters of a continuous-time ARMA(p,q) (CARMA(p,q)) process sampled equidistantly which is not necessarily Gaussian. Therefore, an indirect estimation procedure is used. It is an…

Statistics Theory · Mathematics 2019-11-11 Vicky Fasen-Hartmann , Sebastian Kimmig

In this paper we introduce the Kumaraswamy autoregressive moving average models (KARMA), which is a dynamic class of models for time series taking values in the double bounded interval $(a,b)$ following the Kumaraswamy distribution. The…

Methodology · Statistics 2023-01-16 Fábio Mariano Bayer , Débora Missio Bayer , Guilherme Pumi