Fitting ARMA Time Series Models without Identification: A Proximal Approach

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Hauptverfasser: Liu, Yin, Tajbakhsh, Sam Davanloo
Format: Preprint
Veröffentlicht: 2020
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author Liu, Yin
Tajbakhsh, Sam Davanloo
author_facet Liu, Yin
Tajbakhsh, Sam Davanloo
contents Fitting autoregressive moving average (ARMA) time series models requires model identification before parameter estimation. Model identification involves determining the order of the autoregressive and moving average components which is generally performed by inspection of the autocorrelation and partial autocorrelation functions or other offline methods. In this work, we regularize the parameter estimation optimization problem with a non-smooth hierarchical sparsity-inducing penalty based on two path graphs that allow performing model identification and parameter estimation simultaneously. A proximal block coordinate descent algorithm is then proposed to solve the underlying optimization problem efficiently. The resulting model satisfies the required stationarity and invertibility conditions for ARMA models. Numerical results supporting the proposed method are also presented.
format Preprint
id arxiv_https___arxiv_org_abs_2002_06777
institution arXiv
publishDate 2020
record_format arxiv
spellingShingle Fitting ARMA Time Series Models without Identification: A Proximal Approach
Liu, Yin
Tajbakhsh, Sam Davanloo
Computation
Optimization and Control
Fitting autoregressive moving average (ARMA) time series models requires model identification before parameter estimation. Model identification involves determining the order of the autoregressive and moving average components which is generally performed by inspection of the autocorrelation and partial autocorrelation functions or other offline methods. In this work, we regularize the parameter estimation optimization problem with a non-smooth hierarchical sparsity-inducing penalty based on two path graphs that allow performing model identification and parameter estimation simultaneously. A proximal block coordinate descent algorithm is then proposed to solve the underlying optimization problem efficiently. The resulting model satisfies the required stationarity and invertibility conditions for ARMA models. Numerical results supporting the proposed method are also presented.
title Fitting ARMA Time Series Models without Identification: A Proximal Approach
topic Computation
Optimization and Control
url https://arxiv.org/abs/2002.06777