Skip to main content
Top
Published in:

12-07-2024 | Original Research

Flexible Clustering with a Sparse Mixture of Generalized Hyperbolic Distributions

Authors: Alexa A. Sochaniwsky, Michael P. B. Gallaugher, Yang Tang, Paul D. McNicholas

Published in: Journal of Classification | Issue 1/2025

Log in

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

The article introduces a flexible clustering method using a sparse mixture of generalized hyperbolic distributions, addressing the limitations of traditional Gaussian mixture models in handling asymmetric and heavy-tailed data. The method is particularly effective in high-dimensional scenarios, where traditional methods may fail due to the number of free covariance parameters. By incorporating a sparse covariance matrix with a gamma-lasso penalty, the proposed approach enables the development of an analytically feasible EM algorithm. The article also presents simulation studies and real-data analyses to demonstrate the superior performance of the proposed method compared to existing approaches like parsimonious Gaussian mixture models and mixtures of generalized hyperbolic distributions. The GHD-GLS approach not only improves clustering accuracy but also provides a simpler interpretation of the clustering results by revealing different sparse correlation structures among variables.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Business + Economics & Engineering + Technology"

Online-Abonnement

Springer Professional "Business + Economics & Engineering + Technology" gives you access to:

  • more than 102.000 books
  • more than 537 journals

from the following subject areas:

  • Automotive
  • Construction + Real Estate
  • Business IT + Informatics
  • Electrical Engineering + Electronics
  • Energy + Sustainability
  • Finance + Banking
  • Management + Leadership
  • Marketing + Sales
  • Mechanical Engineering + Materials
  • Insurance + Risk


Secure your knowledge advantage now!

Springer Professional "Engineering + Technology"

Online-Abonnement

Springer Professional "Engineering + Technology" gives you access to:

  • more than 67.000 books
  • more than 390 journals

from the following specialised fileds:

  • Automotive
  • Business IT + Informatics
  • Construction + Real Estate
  • Electrical Engineering + Electronics
  • Energy + Sustainability
  • Mechanical Engineering + Materials





 

Secure your knowledge advantage now!

Springer Professional "Business + Economics"

Online-Abonnement

Springer Professional "Business + Economics" gives you access to:

  • more than 67.000 books
  • more than 340 journals

from the following specialised fileds:

  • Construction + Real Estate
  • Business IT + Informatics
  • Finance + Banking
  • Management + Leadership
  • Marketing + Sales
  • Insurance + Risk



Secure your knowledge advantage now!

Appendix
This content is only visible if you are logged in and have the appropriate permissions.
Literature
This content is only visible if you are logged in and have the appropriate permissions.
Metadata
Title
Flexible Clustering with a Sparse Mixture of Generalized Hyperbolic Distributions
Authors
Alexa A. Sochaniwsky
Michael P. B. Gallaugher
Yang Tang
Paul D. McNicholas
Publication date
12-07-2024
Publisher
Springer US
Published in
Journal of Classification / Issue 1/2025
Print ISSN: 0176-4268
Electronic ISSN: 1432-1343
DOI
https://doi.org/10.1007/s00357-024-09479-x

Premium Partner