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Main Authors: Hisakado, Masato, Kaneko, Takuya
Format: Preprint
Published: 2025
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Online Access:https://arxiv.org/abs/2508.07192
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author Hisakado, Masato
Kaneko, Takuya
author_facet Hisakado, Masato
Kaneko, Takuya
contents We study the eigenvalue of the Wigner random matrix, which is created from a time series with temporal correlation. We observe the deformation of the semi-circle law which is similar to the eigenvalue distribution of the Wigner-Lèvy matrix. The distribution has a longer tail and a higher peak than the semi-circle law. In the absence of correlation, the eigenvalue distribution of the Wigner random matrix is known as the semi-circle law in the large $N$ limit. When there is a temporal correlation, the eigenvalue distribution converges to the deformed semi-circle law which has a longer tail and a higher peak than the semi-circle law. When we created the Wigner matrix using financial time series, we test the normal i.i.d. using the Wigner matrix. We observe the difference from the semi-circle law for FX time series. The difference from the semi-circle law is explained by the temporal correlation. Here, we discuss the moments of distribution and convergence to the deformed semi-circle law with a temporal correlation. We discuss the phase transition and compare to the Marchenko-Pastur distribution(MPD) case.
format Preprint
id arxiv_https___arxiv_org_abs_2508_07192
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Deformation of semi-circle law for the correlated time series and Phase transition
Hisakado, Masato
Kaneko, Takuya
Statistical Mechanics
Statistical Finance
We study the eigenvalue of the Wigner random matrix, which is created from a time series with temporal correlation. We observe the deformation of the semi-circle law which is similar to the eigenvalue distribution of the Wigner-Lèvy matrix. The distribution has a longer tail and a higher peak than the semi-circle law. In the absence of correlation, the eigenvalue distribution of the Wigner random matrix is known as the semi-circle law in the large $N$ limit. When there is a temporal correlation, the eigenvalue distribution converges to the deformed semi-circle law which has a longer tail and a higher peak than the semi-circle law. When we created the Wigner matrix using financial time series, we test the normal i.i.d. using the Wigner matrix. We observe the difference from the semi-circle law for FX time series. The difference from the semi-circle law is explained by the temporal correlation. Here, we discuss the moments of distribution and convergence to the deformed semi-circle law with a temporal correlation. We discuss the phase transition and compare to the Marchenko-Pastur distribution(MPD) case.
title Deformation of semi-circle law for the correlated time series and Phase transition
topic Statistical Mechanics
Statistical Finance
url https://arxiv.org/abs/2508.07192