arXiv research

This study examines local co-movements in energy, agriculture, and metal markets using copulas.

A new HOM model improves forecasting of Indian base metal prices.

In this paper, we reveal the attenuation mechanism of anchor of the commodity money from the perspective of logistics warehousing costs, and propose a novel Decayed Commodity Money (DCM) for the store of value across time and space. Considering the logistics cost of commodity warehousing by the third financial institut…

We introduce an agent-based model, in which agents set their prices to maximize profit. At steady state the market self-organizes into three groups: excess producers, consumers and balanced agents, with prices determined by their own resource level and a couple of macroscopic parameters that emerge naturally from the a…

We analyze the market efficiency of 25 commodity futures across various groups -- metals, energies, softs, grains and other agricultural commodities. To do so, we utilize recently proposed Efficiency Index to find that the most efficient of all the analyzed commodities is heating oil, closely followed by WTI crude oil,…

Commodity exchange-traded funds (ETFs) are a significant part of the rapidly growing ETF market. They have become popular in recent years as they provide investors access to a great variety of commodities, ranging from precious metals to building materials, and from oil and gas to agricultural products. In this article…

This paper investigates how realized and option implied volatilities are related to the future quantiles of commodity returns. Whereas realized volatility measures ex-post uncertainty, volatility implied by option prices reveals the market's expectation and is often used as an ex-ante measure of the investor sentiment.…

This thesis applies RL to market making in China's commodity market.

In this study, we applied a stochastic spread pairs trading strategy on the Indian commodity market. The complete set of commodities were taken whose spot price was available for the period of January 1st 2010 to December 31st 2018 including energy, metals and the agricultural commodity sector. Spot data was taken from…

Recent literature seek to forecast implied volatility derived from equity, index, foreign exchange, and interest rate options using latent factor and parametric frameworks. Motivated by increased public attention borne out of the financialization of futures markets in the early 2000s, we investigate if these extant mod…

Commodity ETFs' portfolio optimization under heavy-tailed returns.

The paper reveals the hidden costs of digitizing commodity money and proposes a new stable-coin system.

We characterize the metallic structure on the product of two metallic manifolds in terms of metallic maps and provide a necessary and sufficient condition for the warped product of two locally metallic Riemannian manifolds to be locally metallic. The particular case of product manifolds is discussed and an example of m…

The paper characterizes metallic pseudo-Riemannian manifolds using conjugate connections and tensor structures.

In this paper, we study metallic structures, i.e. polynomial structures with the structure polynomial $Q\left( J\right) =J^{2}-aJ-bI$ on manifolds using the metallic ratio, which is a generalization of the Golden proportion. We investigate for integrability and parallelism conditions of metallic structures. Also, we gi…

The concept of harmonic metallic structure on a metallic pseudo-Riemannian manifold is introduced. In the case of compact manifolds we prove that harmonicity of a metallic structure $J$, with $J^2=pJ+qI$ and $p^2+4q\neq 0$, is equivalent to $dJ=0$. Conditions for a harmonic metallic structure to be preserved by harmoni…

Review of metallic Riemannian geometry advances.

We give necessary and sufficient conditions for the real distributions defined by a metallic pseudo-Riemannian structure to be integrable and geodesically invariant, in terms of associated tensor fields to the metallic structures and of adapted connections. In the integrable case, we prove a Chen-type inequality for th…

In this paper, we introduce metallic maps between metallic Riemannian manifolds, provide an example and obtain certain conditions for such maps to be totally geodesic. We also give a sufficient condition for a map between metallic Riemannian manifolds to be harmonic map. Then we investigate the constancy of certain map…

The Metallic Ratio is fascinating topic that continually generated news ideas. A Riemannian manifold endowed with a Metallic structure will be called a Metallic Riemannian manifold. The main purpose of the present paper is to study the geometry of transversal lightlike submanifolds and radical transversal lightlike sub…

Study properties of specific submanifolds in metallic Riemannian spaces.

The aim of our paper is to focus on some properties of slant and semi-slant submanifolds of metallic Riemannian manifolds. We give some characterizations for submanifolds to be slant or semi-slant submanifolds in metallic or Golden Riemannian manifolds and we obtain integrability conditions for the distributions involv…

The purpose of the present work is to study the complete and horizontal lifts of the metallic structure on tangent bundles with respect to almost product structure. We also establish fundamental formulae related to integrability and horizontal lifts of metallic structures on tangent bundles. Moreover, the study reveale…

The aim of our paper is to focus on some properties of hemi-slant submanifolds in metallic (and Golden) Riemannian manifolds. We give some characterizations for submanifolds to be hemi-slant submanifolds in metallic (or Golden) Riemannian manifolds and we obtain integrability conditions for the distributions involved. …

We consider submanifolds into Riemannian manifold with metallic structures. We obtain some new results for hypersurfaces in these spaces and we express the fundamental theorem of submanifolds into products spaces in terms of metallic structures. Moreover, we define new structures called complex metallic structures. We …

We study the properties of a generalized metallic, a generalized product and a generalized complex structure induced on the generalized tangent bundle of $M$ by a metallic Riemannian structure $(J,g)$ on $M$, providing conditions for their integrability with respect to a suitable connection. Moreover, by using methods …

Properties of invariant, anti-invariant and slant isometrically immersed submanifolds of metallic Riemannian manifolds are given with a special view towards the induced $Σ$-structure. Examples of such metallic manifolds are also given.

A new unsupervised method removes CT metal artifacts using beta-CycleGAN and attention.

The aim of our paper is to focus on some properties of submanifolds in Riemannian manifolds endowed with endomorphisms that generalize the Golden Riemannian structure, named metallic Riemannian structures. We focus on the properties of the structure induced on submanifolds, named by us $Σ$-metallic Riemannian structure…

The paper derives optimal inequalities for bi-slant submanifolds in metallic Riemannian space forms.

In this article, we introduce some metallic structures on the tangent bundle of a P-Sasakian manifold by complete lift, horizontal lift and vertical lift of a P-Sasakian structure $(φ, η,ξ)$ on tangent bundle. Then we investigate the integrability and parallelity of these metallic structures.

In this paper, we study the existence of proper warped product submanifolds in metallic (or Golden) Riemannian manifolds and we discuss about semi-invariant, semi-slant and, respectively, hemi-slant warped product submanifolds in metallic and Golden Riemannian manifolds. Also, we provide some examples of warped product…

Improved MF-DFA model analyzes precious metals market efficiency and multifractality.

In our article, we introduce and study lightlike hypersurfaces of a metallic semi-Riemannian manifold. We examine some geometric properties of invariant lightlike hypersurfaces. We show that the induced structure on an invariant lightlike hypersurface is also metallic. We also define screen semi-invariant lightlike hyp…

Study characterizes submanifolds in metallic semi-Riemannian manifolds with specific connections.

Paper proposes novel hedging strategies using LSTM models for diversified investment portfolios.

Using one of the key property of copulas that they remain invariant under an arbitrary monotonous change of variable, we investigate the null hypothesis that the dependence between financial assets can be modeled by the Gaussian copula. We find that most pairs of currencies and pairs of major stocks are compatible with…

Modeling precious metals market making using nested Ornstein-Uhlenbeck processes.

A RL approach optimizes metal AM process parameters for consistent melt pool depth.

New periodic solutions found in 2n-body problem, braids of pseudo-Anosov type with stretch factors as metallic ratios.

In the present paper, we introduce screen transversal lightlike submanifolds of metallic semi-Riemannian manifolds with its subclasses, namely screen transversal anti-invariant, radical screen transversal and isotropic screen transversal lightlike submanifolds, and give an example. We show that there do not exist co-is…

MetAL improves graph classification models with fewer labeled data.

We study here numerically the behavior of an ideal gas like model of markets having only one non-consumable commodity. We investigate the behavior of the steady-state distributions of money, commodity and total wealth, as the dynamics of trading or exchange of money and commodity proceeds, with local (in time) fluctuat…

The assessment of co-movement among metals is crucial to better understand the behaviors of the metal prices and the interactions with others that affect the changes in prices. In this study, both Wavelet Analysis and VARMA (Vector Autoregressive Moving Average) models are utilized. First, Multiple Wavelet Coherence (M…

Generic model for commodity derivatives pricing.

Model prices commodity futures and index options.

Study develops ensemble machine learning framework for predicting groundwater heavy metal pollution.

This study examines how economic policy uncertainty impacts commodity prices across different crises.