arXiv subjects

Yubo Tao

Publications and source records attributed to Yubo Tao.

13 recordsLinked to original sources

arXiv2025

Joint News, Attention Spillover,and Stock Returns

Analyzing a comprehensive news dataset, we document that joint news coverage triggers attention contagion, causing temporarily inflated valuations for affected stocks. Tracing SEC EDGAR visits from unique IPs, we provide direct evidence of attention spillovers between stocks. Stocks with greater joint news coverage exhibit increased Google search activity, higher contemporaneous returns, and subsequent reversals. Notably, aggregated joint news coverage strongly and negatively predicts future market returns. This relationship holds out-of-sample, persists after controlling for existing predictors and fundamental linkages, and intensifies during periods of heightened uncertainty or significant market frictions. Our findings indicate that attention contagion contributes to marketwide overvaluations.

q-fin.ST↗

arXiv2023

MSFormer: A Skeleton-multiview Fusion Method For Tooth Instance Segmentation

Recently, deep learning-based tooth segmentation methods have been limited by the expensive and time-consuming processes of data collection and labeling. Achieving high-precision segmentation with limited datasets is critical. A viable solution to this entails fine-tuning pre-trained multiview-based models, thereby enhancing performance with limited data. However, relying solely on two-dimensional (2D) images for three-dimensional (3D) tooth segmentation can produce suboptimal outcomes because of occlusion and deformation, i.e., incomplete and distorted shape perception. To improve this fine-tuning-based solution, this paper advocates 2D-3D joint perception. The fundamental challenge in employing 2D-3D joint perception with limited data is that the 3D-related inputs and modules must follow a lightweight policy instead of using huge 3D data and parameter-rich modules that require extensive training data. Following this lightweight policy, this paper selects skeletons as the 3D inputs and introduces MSFormer, a novel method for tooth segmentation. MSFormer incorporates two lightweight modules into existing multiview-based models: a 3D-skeleton perception module to extract 3D perception from skeletons and a skeleton-image contrastive learning module to obtain the 2D-3D joint perception by fusing both multiview and skeleton perceptions. The experimental results reveal that MSFormer paired with large pre-trained multiview models achieves state-of-the-art performance, requiring only 100 training meshes. Furthermore, the segmentation accuracy is improved by 2.4%-5.5% with the increasing volume of training data.

cs.CV↗

arXiv2022

A Time-Varying Network for Cryptocurrencies

Cryptocurrencies return cross-predictability and technological similarity yield information on risk propagation and market segmentation. To investigate these effects, we build a time-varying network for cryptocurrencies, based on the evolution of return cross-predictability and technological similarities. We develop a dynamic covariate-assisted spectral clustering method to consistently estimate the latent community structure of cryptocurrencies network that accounts for both sets of information. We demonstrate that investors can achieve better risk diversification by investing in cryptocurrencies from different communities. A cross-sectional portfolio that implements an inter-crypto momentum trading strategy earns a 1.08% daily return. By dissecting the portfolio returns on behavioral factors, we confirm that our results are not driven by behavioral mechanisms.

stat.ME↗

arXiv2022

Regression-Adjusted Estimation of Quantile Treatment Effects under Covariate-Adaptive Randomizations

Datasets from field experiments with covariate-adaptive randomizations (CARs) usually contain extra covariates in addition to the strata indicators. We propose to incorporate these additional covariates via auxiliary regressions in the estimation and inference of unconditional quantile treatment effects (QTEs) under CARs. We establish the consistency and limit distribution of the regression-adjusted QTE estimator and prove that the use of multiplier bootstrap inference is non-conservative under CARs. The auxiliary regression may be estimated parametrically, nonparametrically, or via regularization when the data are high-dimensional. Even when the auxiliary regression is misspecified, the proposed bootstrap inferential procedure still achieves the nominal rejection probability in the limit under the null. When the auxiliary regression is correctly specified, the regression-adjusted estimator achieves the minimum asymptotic variance. We also discuss forms of adjustments that can improve the efficiency of the QTE estimators. The finite sample performance of the new estimation and inferential methods is studied in simulations and an empirical application to a well-known dataset concerned with expanding access to basic bank accounts on savings is reported.

econ.EM↗

arXiv2022

voxel2vec: A Natural Language Processing Approach to Learning Distributed Representations for Scientific Data

Relationships in scientific data, such as the numerical and spatial distribution relations of features in univariate data, the scalar-value combinations' relations in multivariate data, and the association of volumes in time-varying and ensemble data, are intricate and complex. This paper presents voxel2vec, a novel unsupervised representation learning model, which is used to learn distributed representations of scalar values/scalar-value combinations in a low-dimensional vector space. Its basic assumption is that if two scalar values/scalar-value combinations have similar contexts, they usually have high similarity in terms of features. By representing scalar values/scalar-value combinations as symbols, voxel2vec learns the similarity between them in the context of spatial distribution and then allows us to explore the overall association between volumes by transfer prediction. We demonstrate the usefulness and effectiveness of voxel2vec by comparing it with the isosurface similarity map of univariate data and applying the learned distributed representations to feature classification for multivariate data and to association analysis for time-varying and ensemble data.

cs.LG↗

arXiv2021

A Time-Varying Network for Cryptocurrencies

q-fin.ST↗

arXiv2021

SPAN: Subgraph Prediction Attention Network for Dynamic Graphs

This paper proposes a novel model for predicting subgraphs in dynamic graphs, an extension of traditional link prediction. This proposed end-to-end model learns a mapping from the subgraph structures in the current snapshot to the subgraph structures in the next snapshot directly, i.e., edge existence among multiple nodes in the subgraph. A new mechanism named cross-attention with a twin-tower module is designed to integrate node attribute information and topology information collaboratively for learning subgraph evolution. We compare our model with several state-of-the-art methods for subgraph prediction and subgraph pattern prediction in multiple real-world homogeneous and heterogeneous dynamic graphs, respectively. Experimental results demonstrate that our model outperforms other models in these two tasks, with a gain increase from 5.02% to 10.88%.

cs.SI↗

arXiv2019

A Co-analysis Framework for Exploring Multivariate Scientific Data

In complex multivariate data sets, different features usually include diverse associations with different variables, and different variables are associated within different regions. Therefore, exploring the associations between variables and voxels locally becomes necessary to better understand the underlying phenomena. In this paper, we propose a co-analysis framework based on biclusters, which are two subsets of variables and voxels with close scalar-value relationships, to guide the process of visually exploring multivariate data. We first automatically extract all meaningful biclusters, each of which only contains voxels with a similar scalar-value pattern over a subset of variables. These biclusters are organized according to their variable sets, and biclusters in each variable set are further grouped by a similarity metric to reduce redundancy and support diversity during visual exploration. Biclusters are visually represented in coordinated views to facilitate interactive exploration of multivariate data based on the similarity between biclusters and the correlation of scalar values with different variables. Experiments on several representative multivariate scientific data sets demonstrate the effectiveness of our framework in exploring local relationships among variables, biclusters and scalar values in the data.

cs.CV↗

arXiv2019

Multivariate Spatial Data Visualization: A Survey

Multivariate spatial data plays an important role in computational science and engineering simulations. The potential features and hidden relationships in multivariate data can assist scientists to gain an in-depth understanding of a scientific process, verify a hypothesis and further discover a new physical or chemical law. In this paper, we present a comprehensive survey of the state-of-the-art techniques for multivariate spatial data visualization. We first introduce the basic concept and characteristics of multivariate spatial data, and describe three main tasks in multivariate data visualization: feature classification, fusion visualization, and correlation analysis. Finally, we prospect potential research topics for multivariate data visualization according to the current research.

cs.HC↗

arXiv2019

Dynamic Network Embeddings for Network Evolution Analysis

Network embeddings learn to represent nodes as low-dimensional vectors to preserve the proximity between nodes and communities of the network for network analysis. The temporal edges (e.g., relationships, contacts, and emails) in dynamic networks are important for network evolution analysis, but few existing methods in network embeddings can capture the dynamic information from temporal edges. In this paper, we propose a novel dynamic network embedding method to analyze evolution patterns of dynamic networks effectively. Our method uses random walk to keep the proximity between nodes and applies dynamic Bernoulli embeddings to train discrete-time network embeddings in the same vector space without alignments to preserve the temporal continuity of stable nodes. We compare our method with several state-of-the-art methods by link prediction and evolving node detection, and the experiments demonstrate that our method generally has better performance in these tasks. Our method is further verified by two real-world dynamic networks via detecting evolving nodes and visualizing their temporal trajectories in the embedded space.

cs.SI↗

arXiv2019

CNNs based Viewpoint Estimation for Volume Visualization

Viewpoint estimation from 2D rendered images is helpful in understanding how users select viewpoints for volume visualization and guiding users to select better viewpoints based on previous visualizations. In this paper, we propose a viewpoint estimation method based on Convolutional Neural Networks (CNNs) for volume visualization. We first design an overfit-resistant image rendering pipeline to generate the training images with accurate viewpoint annotations, and then train a category-specific viewpoint classification network to estimate the viewpoint for the given rendered image. Our method can achieve good performance on images rendered with different transfer functions and rendering parameters in several categories. We apply our model to recover the viewpoints of the rendered images in publications, and show how experts look at volumes. We also introduce a CNN feature-based image similarity measure for similarity voting based viewpoint selection, which can suggest semantically meaningful optimal viewpoints for different volumes and transfer functions.

cs.GR↗

arXiv2018

Limit Theory for Moderate Deviation from Integrated GARCH Processes

This paper develops the limit theory of the GARCH(1,1) process that moderately deviates from IGARCH process towards both stationary and explosive regimes. The GARCH(1,1) process is defined by equations $u_t = σ_t \varepsilon_t$, $σ_t^2 = ω+ α_n u_{t-1}^2 + β_nσ_{t-1}^2$ and $α_n + β_n$ approaches to unity as sample size goes to infinity. The asymptotic theory developed in this paper extends Berkes et al. (2005) by allowing the parameters to have a slower convergence rate. The results can be applied to unit root test for processes with mildly-integrated GARCH innovations (e.g. Boswijk (2001), Cavaliere and Taylor (2007, 2009)) and deriving limit theory of estimators for models involving mildly-integrated GARCH processes (e.g. Jensen and Rahbek (2004), Francq and Zakoïan (2012, 2013)).

math.ST↗

arXiv2017

Model Selection for Explosive Models

This paper examines the limit properties of information criteria (such as AIC, BIC, HQIC) for distinguishing between the unit root model and the various kinds of explosive models. The explosive models include the local-to-unit-root model, the mildly explosive model and the regular explosive model. Initial conditions with different order of magnitude are considered. Both the OLS estimator and the indirect inference estimator are studied. It is found that BIC and HQIC, but not AIC, consistently select the unit root model when data come from the unit root model. When data come from the local-to-unit-root model, both BIC and HQIC select the wrong model with probability approaching 1 while AIC has a positive probability of selecting the right model in the limit. When data come from the regular explosive model or from the mildly explosive model in the form of $1+n^{α}/n$ with $α\in (0,1)$, all three information criteria consistently select the true model. Indirect inference estimation can increase or decrease the probability for information criteria to select the right model asymptotically relative to OLS, depending on the information criteria and the true model. Simulation results confirm our asymptotic results in finite sample.

math.ST↗