Estimating a continuously varying offset between multivariate time series with application to COVID-19 in the United States

Collective Dynamics, Diversification and Optimal Portfolio Construction for Cryptocurrencies

Since its conception, the cryptocurrency market has been frequently described as an immature market, characterized by significant swings in volatility and occasionally described as lacking rhyme or reason. There has been great speculation as to what role it plays in a diversified portfolio. For instance, is cryptocurrency exposure an inflationary hedge or a speculative investment that follows broad market sentiment with amplified beta? We have recently explored similar questions with a clear focus on the equity market. There, our research revealed several noteworthy dynamics such as an increase in the market's collective strength and uniformity during crises, greater diversification benefits across equity sectors (rather than within them), and the existence of a "best value" portfolio of equities. In essence, we can now contrast any potential signatures of maturity we identify in the cryptocurrency market and contrast these with the substantially larger, older and better-established equity market. This paper aims to investigate whether the cryptocurrency market has recently exhibited similar mathematical properties as the equity market. Instead of relying on traditional portfolio theory, which is grounded in the financial dynamics of equity securities, we adjust our experimental focus to capture the presumed behavioral purchasing patterns of retail cryptocurrency investors. Our focus is on collective dynamics and portfolio diversification in the cryptocurrency market, and examining whether previously established results in the equity market hold in the cryptocurrency market and to what extent. The results reveal nuanced signatures of maturity related to the equity market, including the fact that correlations collectively spike around exchange collapses, and identify an ideal portfolio size and spread across different groups of cryptocurrencies.

Distributional Trends in the Generation and End-Use Sector of Low-Carbon Hydrogen Plants

This paper uses established and recently introduced methods from the applied mathematics and statistics literature to study trends in the end-use sector and the capacity of low-carbon hydrogen projects in recent and upcoming decades. First, we examine distributions in plants over time for various end-use sectors and classify them according to metric discrepancy, observing clear similarity across all industry sectors. Next, we compare the distribution of usage sectors between different continents and examine the changes in sector distribution over time. Finally, we judiciously apply several regression models to analyse the association between various predictors and the capacity of global hydrogen projects. Across our experiments, we see a welcome exponential growth in the capacity of zero-carbon hydrogen plants and significant growth of new and planned hydrogen plants in the 2020’s across every sector.

Dynamics of the COVID-19 pandemic: nonlinear approaches on the modelling, prediction and control

This special issue contains 35 regular articles on the analysis and dynamics of COVID-19 with several applications. Some analyses are on the construction of mathematical models representing the dynamics of COVID-19, and some are on the estimations and predictions of the disease, a few with possible applications. The various contributions report important, timely, and promising results, such as the effects of several waves, deep learning-based COVID-19 classifications, and multivariate time series with applications.

Backcasting COVID-19: a physics-informed estimate for early case incidence

It is widely accepted that the number of reported cases during the first stages of the COVID-19 pandemic severely underestimates the number of actual cases. We leverage delay embedding theorems of Whitney and Takens and use Gaussian process regression to estimate the number of cases during the first 2020 wave based on the second wave of the epidemic in several European countries, South Korea and Brazil. We assume that the second wave was more accurately monitored, even though we acknowledge that behavioural changes occurred during the pandemic and region- (or country-) specific monitoring protocols evolved. We then construct a manifold diffeomorphic to that of the implied original dynamical system, using fatalities or hospitalizations only. Finally, we restrict the diffeomorphism to the reported cases coordinate of the dynamical system. Our main finding is that in the European countries studied, the actual cases are under-reported by as much as 50%. On the other hand, in South Korea-which had a proactive mitigation approach-a far smaller discrepancy between the actual and reported cases is predicted, with an approximately 18% predicted underestimation. We believe that our backcasting framework is applicable to other epidemic outbreaks where (due to limited or poor quality data) there is uncertainty around the actual cases.

Dual-domain analysis of gun violence incidents in the United States

This paper applies new and recently introduced approaches to study trends in gun violence in the United States. We use techniques in both the time and frequency domain to provide a more complete understanding of gun violence dynamics. We analyze gun violence incidents on a state-by-state basis as recorded by the Gun Violence Archive. We have numerous specific phenomena of focus, including periodicity of incidents, locations in time where behavioral changes occur, and shifts in gun violence patterns since April 2020. First, we implement a recently introduced method of spectral density estimation for nonstationary time series to investigate periodicity on a state-by-state basis, including revealing where periodic behaviors change with time. We can also classify different patterns of behavioral changes among the states. We then aim to understand the most significant shifts in gun violence since numerous key events in 2020, including the COVID-19 pandemic, lockdowns, and periods of civil unrest. Our dual-domain analysis provides a more thorough understanding and challenges numerous widely held conceptions regarding the prevalence of gun violence incidents.

In search of peak human athletic potential: A mathematical investigation

This paper applies existing and new approaches to study trends in the performance of elite athletes over time. We study both track and field scores of men and women athletes on a yearly basis from 2001 to 2019, revealing several trends and findings. First, we perform a detailed regression study to reveal the existence of an "Olympic effect," where average performance improves during Olympic years. Next, we study the rate of change in athlete performance and fail to reject the notion that athlete scores are leveling off, at least among the top 100 annual scores. Third, we examine the relationship in performance trends among men and women's categories of the same event, revealing striking similarity, together with some anomalous events. Finally, we analyze the geographic composition of the world's top athletes, attempting to understand how the diversity by country and continent varies over time across events. We challenge a widely held conception of athletics that certain events are more geographically dominated than others. Our methods and findings could be applied more generally to identify evolutionary dynamics in group performance and highlight spatiotemporal trends in group composition.