All of the predictive methods implemented in PROC PLS work essentially by finding linear combinations of the predictors (factors) to use to predict the responses linearly. The methods differ only in ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The calibration method PLS1 is described in terms of the joint covariance structure of the explanatory variables and the predicted variable. In the population version it is possible to give simple ...

In a multivariate regression model, the errors in different equations may be correlated. In this case the efficiency of the estimation may be improved by taking these cross-equation correlations into ...

The National Institute for Occupational Safety and Health (NIOSH) is currently studying mortality in a large pooled cohort of uranium-enrichment workers. As part of this study, organ dose from chronic ...

We adopt the least squares Monte Carlo (LSMC) method to price time-capped American options. The cap can be an independent random variable or dependent on the asset price at a random time. We ...

In this paper, we propose a novel investment strategy for portfolio optimization problems. The proposed strategy maximizes the expected portfolio value bounded within a targeted range, composed of a ...