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Accurate volatility forecasts are vital in modern finance for risk management, portfolio allocation, and strategic decision-making. However, existing methods face key limitations. Fully multivariate models, while comprehensive, are…

Statistical Finance · Quantitative Finance 2025-10-09 Duo Zhang , Jiayu Li , Junyi Mo , Elynn Chen

If climate stationarity is dead, how should engineering design standards be modified to account for potential changes in extreme precipitation? Many standards rely on precipitation intensity-duration-frequency (IDF) curves provided in…

Atmospheric and Oceanic Physics · Physics 2019-06-13 Jonathan B. Butcher , Tan Zi

The computational cost as well as the probabilistic skill of ensemble forecasts depends on the spatial resolution of the numerical weather prediction model and the ensemble size. Periodically, e.g. when more computational resources become…

Applications · Statistics 2020-01-17 Sándor Baran , Martin Leutbecher , Marianna Szabó , Zied Ben Bouallègue

In an asynchronous federated learning framework, the server updates the global model once it receives an update from a client instead of waiting for all the updates to arrive as in the synchronous setting. This allows heterogeneous devices…

Machine Learning · Computer Science 2022-06-08 Qiyuan Wang , Qianqian Yang , Shibo He , Zhiguo Shi , Jiming Chen

Artificial intelligence (AI), based on deep-learning algorithm using high-quality reanalysis datasets, is showing enormous potential for weather forecasting. In this context, the European Centre for Medium-Range Weather Forecasts (ECMWF) is…

Atmospheric and Oceanic Physics · Physics 2024-05-07 Zied Ben-Bouallegue , Mariana C A Clare , Matthieu Chevallier

The rapid advancement of artificial intelligence technologies, particularly in recent years, has led to the emergence of several large parameter artificial intelligence weather forecast models. These models represent a significant…

Machine Learning · Computer Science 2024-04-22 Fenghua Ling , Lin Ouyang , Boufeniza Redouane Larbi , Jing-Jia Luo , Tao Han , Xiaohui Zhong , Lei Bai

There has been a lot of recent interest in developing hybrid models that couple deterministic numerical model components to statistical model components derived using machine learning techniques. One approach that we follow in this pilot…

Atmospheric and Oceanic Physics · Physics 2021-10-08 Alexei Belochitski , Vladimir Krasnopolsky

Artificial intelligence (AI)-based data-driven weather forecasting models have experienced rapid progress over the last years. Recent studies, with models trained on reanalysis data, achieve impressive results and demonstrate substantial…

Atmospheric and Oceanic Physics · Physics 2025-04-02 Christopher Bülte , Nina Horat , Julian Quinting , Sebastian Lerch

Global climate models parameterize a range of atmospheric-oceanic processes like gravity waves, clouds, moist convection, and turbulence that cannot be sufficiently resolved. These subgrid-scale closures for unresolved processes are a…

Atmospheric and Oceanic Physics · Physics 2025-09-05 Aman Gupta , Aditi Sheshadri , Sujit Roy , Johannes Schmude , Vishal Gaur , Wei Ji Leong , Manil Maskey , Rahul Ramachandran

Recent years, weather forecasting has gained significant attention. However, accurately predicting weather remains a challenge due to the rapid variability of meteorological data and potential teleconnections. Current spatiotemporal…

Computer Vision and Pattern Recognition · Computer Science 2026-02-12 Yuhao Du , Hui Liu , Haoxiang Peng , Xinyuan Cheng , Chengrong Wu , Jiankai Zhang

Artificial intelligence weather prediction (AIWP) models now often outperform traditional physics-based models on common metrics while requiring orders-of-magnitude less computing resources and time. Open-access AIWP models thus hold…

Time series forecasting is an important challenge with significant applications in areas such as weather prediction, stock market analysis, scientific simulations and industrial process analysis. In this work, we introduce LMS-AutoTSF, a…

Machine Learning · Computer Science 2025-01-08 Ibrahim Delibasoglu , Sanjay Chakraborty , Fredrik Heintz

In recent years, ensemble weather forecasting have become a routine at all major weather prediction centres. These forecasts are obtained from multiple runs of numerical weather prediction models with different initial conditions or model…

Applications · Statistics 2022-06-22 Sándor Baran , Patrícia Szokol , Marianna Szabó

In this paper we discuss and address the challenges of predicting extreme atmospheric events like intense rainfall, hail, and strong winds. These events can cause significant damage and have become more frequent due to climate change.…

Atmospheric and Oceanic Physics · Physics 2023-10-06 Mikhail Mozikov , Ilya Makarov , Alexandr Bulkin , Daria Taniushkina , Roland Grinis , Yury Maximov

As artificial intelligence (AI) continues to rapidly evolve, the realm of Earth and atmospheric sciences is increasingly adopting data-driven models, powered by progressive developments in deep learning (DL). Specifically, DL techniques are…

Machine Learning · Computer Science 2023-12-07 Shengchao Chen , Guodong Long , Jing Jiang , Dikai Liu , Chengqi Zhang

Nowadays, weather prediction is based on numerical weather prediction (NWP) models to produce an ensemble of forecasts. Despite of large improvements over the last few decades, they still tend to exhibit systematic bias and dispersion…

Applications · Statistics 2024-02-02 David Jobst , Annette Möller , Jürgen Groß

This work presents a formalism to improve the predictive accuracy of physical models by learning generalizable augmentations from sparse data. Building on recent advances in data-driven turbulence modeling, the present approach, referred to…

Fluid Dynamics · Physics 2021-07-28 Vishal Srivastava , Karthik Duraisamy

Time Series Forecasting (TSF) is key functionality in numerous fields, such as financial investment, weather services, and energy management. Although increasingly capable TSF methods occur, many of them require domain-specific data…

Machine Learning · Computer Science 2025-06-13 Zhe Li , Xiangfei Qiu , Peng Chen , Yihang Wang , Hanyin Cheng , Yang Shu , Jilin Hu , Chenjuan Guo , Aoying Zhou , Christian S. Jensen , Bin Yang

Time-series forecasting plays a critical role in many real-world applications. Although increasingly powerful models have been developed and achieved superior results on benchmark datasets, through a fine-grained sample-level inspection, we…

Machine Learning · Computer Science 2025-05-27 Zhining Liu , Ze Yang , Xiao Lin , Ruizhong Qiu , Tianxin Wei , Yada Zhu , Hendrik Hamann , Jingrui He , Hanghang Tong

This paper improves wind power prediction via weather forecast-contextualized Long Short-Term Memory Neural Network (LSTM) models. Initially, only wind power data was fed to a generic LSTM, but this model performed poorly, with erratic and…

Machine Learning · Computer Science 2019-08-06 Maximilian Du
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