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By monitoring the time evolution of the most liquid Futures contracts traded globally as acquired using the Bloomberg API from 03 January 2000 until 15 December 2014 we were able to forecast the S&P 500 index beating the Buy and Hold…

Statistical Finance · Quantitative Finance 2016-12-19 Panagiotis Papaioannou , Thomas Dionysopoulos , Dietmar Janetzko , Constantinos Siettos

Accompanying rapid industrialization, humans are suffering from serious air pollution problems. The demand for air quality prediction is becoming more and more important to the government's policy-making and people's daily life. In this…

Machine Learning · Computer Science 2022-12-09 Kan Huang , Kai Zhang , Ming Liu

Across the Artificial Intelligence (AI) lifecycle - from hardware to development, deployment, and reuse - burdens span energy, carbon, water, and embodied impacts. Cloud provider tools improve transparency but remain heterogeneous and often…

Artificial Intelligence · Computer Science 2025-11-14 Marcel Rojahn , Marcus Grum

We review the main tools which allow for the statistical characterization of weighted networks. We then present two case studies, the airline connection network and the scientific collaboration network, which are representative of critical…

Statistical Mechanics · Physics 2009-11-10 Marc Barthelemy , Alain Barrat , Romualdo Pastor-Satorras , Alessandro Vespignani

For the first time, we apply the wavelet coherence methodology on biofuels (ethanol and biodiesel) and a wide range of related commodities (gasoline, diesel, crude oil, corn, wheat, soybeans, sugarcane and rapeseed oil). This way, we are…

Statistical Finance · Quantitative Finance 2013-08-06 Lukas Vacha , Karel Janda , Ladislav Kristoufek , David Zilberman

We study the time dependence of maximal spanning trees and asset graphs based on correlation matrices of stock returns. In these networks the nodes represent companies and links are related to the correlation coefficients between them.…

Physics and Society · Physics 2009-11-13 Tapio Heimo , Kimmo Kaski , Jari Saramaki

Although the understanding of and motivation behind individual trading behavior is an important puzzle in finance, little is known about the connection between an investor's portfolio structure and her trading behavior in practice. In this…

General Finance · Quantitative Finance 2014-08-29 Ludvig Bohlin , Martin Rosvall

We consider two applications where we study how dependence structure between many variables is linked to external network data. We first study the interplay between social media connectedness and the co-evolution of the COVID-19 pandemic…

Applications · Statistics 2023-11-14 Jack Jewson , Li Li , Laura Battaglia , Stephen Hansen , David Rossell , Piotr Zwiernik

We study the method for detecting relationship changes in financial markets and providing human-interpretable network visualization to support the decision-making of fund managers dealing with multi-assets. First, we construct co-occurrence…

General Finance · Quantitative Finance 2020-11-17 Makoto Naraoka , Teruaki Hayashi , Takaaki Yoshino , Toshiaki Sugie , Kota Takano , Yukio Ohsawa

Network theory proved recently to be useful in the quantification of many properties of financial systems. The analysis of the structure of investment portfolios is a major application since their eventual correlation and overlap impact the…

Statistical Finance · Quantitative Finance 2018-01-09 Danilo Delpini , Stefano Battiston , Guido Caldarelli , Massimo Riccaboni

We propose a statistical tool to compare the scaling behaviour of turbulence in pairs of molecular cloud maps. Using artificial maps with well defined spatial properties, we calibrate the method and test its limitations to ultimately apply…

Solar and Stellar Astrophysics · Physics 2016-01-13 T. G. Arshakian , V. Ossenkopf

Cross-border equity and long-term debt securities portfolio investment networks are analysed from 2002 to 2012, covering the 2008 global financial crisis. They serve as network-proxies for measuring the robustness of the global financial…

General Finance · Quantitative Finance 2014-03-05 Andreas Joseph , Stephan Joseph , Guanrong Chen

In the 20th century, individual technology products like the generator, telephone, and automobile were connected to form many of the large-scale, complex, infrastructure networks we know today: the power grid, the communication…

Systems and Control · Electrical Eng. & Systems 2024-09-06 Ehsanoddin Ghorbanichemazkati , Amro M. Farid

Rare earth elements (REEs) are critical to a wide range of clean and high-tech applications, yet global trade dependencies expose countries to vulnerabilities across production networks. Here, we construct a multi-tiered input-output trade…

General Economics · Economics 2025-08-04 Peter Klimek , Sophia Baum , Markus Gerschberger , Maximilian Hess

This paper examines the pivotal role central banks play in advancing sustainable finance, a crucial component in addressing global environmental and social challenges. As supervisors of financial stability and economic growth, central banks…

General Finance · Quantitative Finance 2024-11-22 A T M Omor Faruq , Md Toufiqul Huq

We follow up on the study of correlations between GDP's of rich countries. We analyze web-downloaded data on GDP that we use as individual wealth signatures of the country economical state. We calculate the yearly fluctuations of the GDP.…

Physics and Society · Physics 2012-09-25 M. Ausloos , R. Lambiotte

We consider a portfolio allocation problem for trend following (TF) strategies on multiple correlated assets. Under simplifying assumptions of a Gaussian market and linear TF strategies, we derive analytical formulas for the mean and…

Portfolio Management · Quantitative Finance 2020-01-03 Denis S. Grebenkov , Jeremy Serror

Financial literature consists of ample research on similarity and comparison of financial assets and securities such as stocks, bonds, mutual funds, etc. However, going beyond correlations or aggregate statistics has been arduous since…

Computational Finance · Quantitative Finance 2022-10-27 Jerinsh Jeyapaulraj , Dhruv Desai , Peter Chu , Dhagash Mehta , Stefano Pasquali , Philip Sommer

This paper investigates how the conditional quantiles of future returns and volatility of financial assets vary with various measures of ex-post variation in asset prices as well as option-implied volatility. We work in the flexible…

Statistical Finance · Quantitative Finance 2013-08-21 Filip Zikes , Jozef Barunik

We propose an evolutionary competition model to investigate the green transition of firms, highlighting the role of adjustment costs, dynamically adjusted transition risk, and green technology progress in this process. Firms base their…

Theoretical Economics · Economics 2024-10-29 Davide Radi , Frank Westerhoff