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We introduce a new test for detection of power-law cross-correlations among a pair of time series - the rescaled covariance test. The test is based on a power-law divergence of the covariance of the partial sums of the long-range…

统计金融 · 定量金融 2013-10-10 Ladislav Kristoufek

We introduce a general framework of the Mixed-correlated ARFIMA (MC-ARFIMA) processes which allows for various specifications of univariate and bivariate long-term memory. Apart from a standard case when $H_{xy}={1}{2}(H_x+H_y)$, MC-ARFIMA…

统计金融 · 定量金融 2013-10-04 Ladislav Kristoufek

We address the problem of long-range memory in the financial markets. There are two conceptually different ways to reproduce power-law decay of auto-correlation function: using fractional Brownian motion as well as non-linear stochastic…

统计金融 · 定量金融 2017-05-24 V. Gontis , A. Kononovicius

The idea of using metaplastic synapses to incorporate the separate storage of long- and short-term memories via an array of hidden states was put forward in the cascade model of Fusi et al. In this paper, we devise and investigate two…

无序系统与神经网络 · 物理学 2011-09-26 A. Mehta , J. M. Luck

Identifying and quantifying memory are often critical steps in developing a mechanistic understanding of stochastic processes. These are particularly challenging and necessary when exploring processes that exhibit long-range correlations.…

统计力学 · 物理学 2016-04-20 Sarah E. Marzen , James P. Crutchfield

It is empirically established that order flow in the financial markets is positively auto-correlated and can serve as an example of a social system with long-range memory. Nevertheless, widely used long-range memory estimators give varying…

统计金融 · 定量金融 2020-10-02 Vygintas Gontis

Inhomogeneous temporal processes in natural and social phenomena have been described by bursts that are rapidly occurring events within short time periods alternating with long periods of low activity. In addition to the analysis of…

物理与社会 · 物理学 2015-08-26 Hang-Hyun Jo , Juan I. Perotti , Kimmo Kaski , Janos Kertesz

We consider the effects of long-range temporal correlations in many-particle systems, focusing particularly on fluctuations about the typical behaviour. For a specific class of memory dependence we discuss the modification of the large…

统计力学 · 物理学 2015-12-24 Rosemary J. Harris

We study finite sample properties of estimators of power-law cross-correlations -- detrended cross-correlation analysis (DCCA), height cross-correlation analysis (HXA) and detrending moving-average cross-correlation analysis (DMCA) -- with…

数据分析、统计与概率 · 物理学 2014-12-11 Ladislav Kristoufek

Using two specific models and a model-independent formalism, we show that in addition to the usual quadratic ``side'', ``out'' and ``longitudinal'' terms, a previously neglected ``out-longitudinal'' cross term arises naturally in the…

高能物理 - 唯象学 · 物理学 2008-11-26 Scott Chapman , Pierre Scotto , Ulrich Heinz

For the London Stock Exchange we demonstrate that the signs of orders obey a long-memory process. The autocorrelation function decays roughly as $\tau^{-\alpha}$ with $\alpha \approx 0.6$, corresponding to a Hurst exponent $H \approx 0.7$.…

其他凝聚态物理 · 物理学 2008-12-02 Fabrizio Lillo , J. Doyne Farmer

Understanding the statistical properties of recurrence intervals of extreme events is crucial to risk assessment and management of complex systems. The probability distributions and correlations of recurrence intervals for many systems have…

统计金融 · 定量金融 2012-05-10 Hao Meng , Fei Ren , Gao-Feng Gu , Xiong Xiong , Yong-Jie Zhang , Wei-Xing Zhou , Wei Zhang

The mathematical model of a linear system with the short memory about own stochastic behavior is proposed. It is assumed that the system is under a continual influence of independent stochastic impulses. In a short memory approximation the…

概率论 · 数学 2008-12-10 D. N. Zhabin

Memory and forgetting constitute two sides of the same coin, and although the first has been rigorously investigated, the latter is often overlooked. A number of experiments under the realm of psychology and experimental neuroscience have…

神经元与认知 · 定量生物学 2019-07-23 Antonios Georgiou , Mikhail Katkov , Misha Tsodyks

It is well known that random multiplicative processes generate power-law probability distributions. We study how the spatio-temporal correlation of the multipliers influences the power-law exponent. We investigate two sources of the time…

适应与自组织系统 · 物理学 2016-03-16 Satoru Morita

Cross-correlations are usually considered to emerge through interaction between particles. Here we present a mechanism capable to generate power-law cross-correlations between non-interacting particles exposed to an external potential. This…

混沌动力学 · 物理学 2013-03-18 Fotis K. Diakonos , Alexandros K. Karlis , Peter Schmelcher

Intersectoral dynamic models with power-law memory are proposed. The equations of open and closed intersectoral models, in which the memory effects are described by the Caputo derivatives of non-integer orders, are derived. We suggest…

经济学 · 定量金融 2017-12-27 Valentina V. Tarasova , Vasily E. Tarasov

Many natural and physical processes display long memory and extreme events. In these systems, the measured time series is invariably contaminated by noise. As the extreme events display large deviation from the mean behaviour, the noise…

元胞自动机与格子气 · 物理学 2021-11-23 Dayal Singh , M. S. Santhanam

We empirically study the activity patterns of individual blog-posting and find significant memory effects. The memory coefficient first decays in a power law and then turns to an exponential form. Moreover, the inter-event time distribution…

物理与社会 · 物理学 2010-11-03 Peng Wang , Tao Zhou , Xiao-Pu Han , Bing-Hong Wang

Rare events refer to qualitatively unlikely events whose realization can nevertheless have important consequences. Typically, the prediction of the kinetics of these events relies on Arrhenius laws, with exponentially distributed waiting…

统计力学 · 物理学 2025-12-18 Apurba Biswas , Thomas Guérin
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