{"id":"https://openalex.org/W4281624395","doi":"https://doi.org/10.3390/e24060808","title":"The Linear Relationship Model with LASSO for Studying Stock Networks","display_name":"The Linear Relationship Model with LASSO for Studying Stock Networks","publication_year":2022,"publication_date":"2022-06-09","ids":{"openalex":"https://openalex.org/W4281624395","doi":"https://doi.org/10.3390/e24060808","pmid":"https://pubmed.ncbi.nlm.nih.gov/35741529"},"language":"en","primary_location":{"id":"doi:10.3390/e24060808","is_oa":true,"landing_page_url":"https://doi.org/10.3390/e24060808","pdf_url":"https://www.mdpi.com/1099-4300/24/6/808/pdf?version=1654773518","source":{"id":"https://openalex.org/S195231649","display_name":"Entropy","issn_l":"1099-4300","issn":["1099-4300"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Entropy","raw_type":"journal-article"},"type":"article","indexed_in":["crossref","doaj","pubmed"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://www.mdpi.com/1099-4300/24/6/808/pdf?version=1654773518","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5030677851","display_name":"Muzi Chen","orcid":"https://orcid.org/0000-0003-2078-2014"},"institutions":[{"id":"https://openalex.org/I137867983","display_name":"Central University of Finance and Economics","ror":"https://ror.org/008e3hf02","country_code":"CN","type":"education","lineage":["https://openalex.org/I137867983"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Muzi Chen","raw_affiliation_strings":["School of Management Science and Engineering, Central University of Finance and Economics, Beijing 102206, China"],"affiliations":[{"raw_affiliation_string":"School of Management Science and Engineering, Central University of Finance and Economics, Beijing 102206, China","institution_ids":["https://openalex.org/I137867983"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100828217","display_name":"Hongjiong Tian","orcid":null},"institutions":[{"id":"https://openalex.org/I21945476","display_name":"Shanghai Normal University","ror":"https://ror.org/01cxqmw89","country_code":"CN","type":"education","lineage":["https://openalex.org/I21945476"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Hongjiong Tian","raw_affiliation_strings":["Department of Mathematics, Shanghai Normal University, Shanghai 200234, China"],"affiliations":[{"raw_affiliation_string":"Department of Mathematics, Shanghai Normal University, Shanghai 200234, China","institution_ids":["https://openalex.org/I21945476"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5038413550","display_name":"Boyao Wu","orcid":"https://orcid.org/0000-0003-2186-808X"},"institutions":[{"id":"https://openalex.org/I146563203","display_name":"University of International Business and Economics","ror":"https://ror.org/05khqpb71","country_code":"CN","type":"education","lineage":["https://openalex.org/I146563203"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Boyao Wu","raw_affiliation_strings":["School of Banking and Finance, University of International Business and Economics, Beijing 100029, China"],"affiliations":[{"raw_affiliation_string":"School of Banking and Finance, University of International Business and Economics, Beijing 100029, China","institution_ids":["https://openalex.org/I146563203"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5039097797","display_name":"Tianhai Tian","orcid":"https://orcid.org/0000-0001-6191-0209"},"institutions":[{"id":"https://openalex.org/I56590836","display_name":"Monash University","ror":"https://ror.org/02bfwt286","country_code":"AU","type":"education","lineage":["https://openalex.org/I56590836"]}],"countries":["AU"],"is_corresponding":true,"raw_author_name":"Tianhai Tian","raw_affiliation_strings":["School of Mathematics, Monash University, Clayton, VIC 3800, Australia"],"affiliations":[{"raw_affiliation_string":"School of Mathematics, Monash University, Clayton, VIC 3800, Australia","institution_ids":["https://openalex.org/I56590836"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5038413550","https://openalex.org/A5039097797"],"corresponding_institution_ids":["https://openalex.org/I146563203","https://openalex.org/I56590836"],"apc_list":{"value":2000,"currency":"CHF","value_usd":2165},"apc_paid":{"value":2000,"currency":"CHF","value_usd":2165},"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.12191286,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"24","issue":"6","first_page":"808","last_page":"808"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.9991000294685364,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.9991000294685364,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10064","display_name":"Complex Network Analysis Techniques","score":0.9973000288009644,"subfield":{"id":"https://openalex.org/subfields/3109","display_name":"Statistical and Nonlinear Physics"},"field":{"id":"https://openalex.org/fields/31","display_name":"Physics and Astronomy"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T13283","display_name":"Mental Health Research Topics","score":0.9879999756813049,"subfield":{"id":"https://openalex.org/subfields/3205","display_name":"Experimental and Cognitive Psychology"},"field":{"id":"https://openalex.org/fields/32","display_name":"Psychology"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/pairwise-comparison","display_name":"Pairwise comparison","score":0.7304036617279053},{"id":"https://openalex.org/keywords/stock","display_name":"Stock (firearms)","score":0.6330642700195312},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.5947638750076294},{"id":"https://openalex.org/keywords/correlation","display_name":"Correlation","score":0.5077515840530396},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5045942068099976},{"id":"https://openalex.org/keywords/correlation-coefficient","display_name":"Correlation coefficient","score":0.43376994132995605},{"id":"https://openalex.org/keywords/stock-market","display_name":"Stock market","score":0.42949527502059937},{"id":"https://openalex.org/keywords/linear-model","display_name":"Linear model","score":0.4108172357082367},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.35614174604415894},{"id":"https://openalex.org/keywords/artificial-intelligence","display_name":"Artificial intelligence","score":0.23770102858543396},{"id":"https://openalex.org/keywords/machine-learning","display_name":"Machine learning","score":0.21226918697357178},{"id":"https://openalex.org/keywords/geography","display_name":"Geography","score":0.08713987469673157}],"concepts":[{"id":"https://openalex.org/C184898388","wikidata":"https://www.wikidata.org/wiki/Q1435712","display_name":"Pairwise comparison","level":2,"score":0.7304036617279053},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.6330642700195312},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5947638750076294},{"id":"https://openalex.org/C117220453","wikidata":"https://www.wikidata.org/wiki/Q5172842","display_name":"Correlation","level":2,"score":0.5077515840530396},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5045942068099976},{"id":"https://openalex.org/C2780092901","wikidata":"https://www.wikidata.org/wiki/Q3433612","display_name":"Correlation coefficient","level":2,"score":0.43376994132995605},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.42949527502059937},{"id":"https://openalex.org/C163175372","wikidata":"https://www.wikidata.org/wiki/Q3339222","display_name":"Linear model","level":2,"score":0.4108172357082367},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.35614174604415894},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.23770102858543396},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.21226918697357178},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.08713987469673157},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.3390/e24060808","is_oa":true,"landing_page_url":"https://doi.org/10.3390/e24060808","pdf_url":"https://www.mdpi.com/1099-4300/24/6/808/pdf?version=1654773518","source":{"id":"https://openalex.org/S195231649","display_name":"Entropy","issn_l":"1099-4300","issn":["1099-4300"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Entropy","raw_type":"journal-article"},{"id":"pmid:35741529","is_oa":false,"landing_page_url":"https://pubmed.ncbi.nlm.nih.gov/35741529","pdf_url":null,"source":{"id":"https://openalex.org/S4306525036","display_name":"PubMed","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I1299303238","host_organization_name":"National Institutes of Health","host_organization_lineage":["https://openalex.org/I1299303238"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Entropy (Basel, Switzerland)","raw_type":null},{"id":"pmh:oai:doaj.org/article:d282f12b94984dbc9b12ce38cdbfc723","is_oa":true,"landing_page_url":"https://doaj.org/article/d282f12b94984dbc9b12ce38cdbfc723","pdf_url":null,"source":{"id":"https://openalex.org/S112646816","display_name":"SHILAP Revista de lepidopterolog\u00eda","issn_l":"0300-5267","issn":["0300-5267","2340-4078"],"is_oa":true,"is_in_doaj":true,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Entropy, Vol 24, Iss 6, p 808 (2022)","raw_type":"article"},{"id":"pmh:oai:mdpi.com:/1099-4300/24/6/808/","is_oa":true,"landing_page_url":"https://dx.doi.org/10.3390/e24060808","pdf_url":null,"source":{"id":"https://openalex.org/S4306400947","display_name":"MDPI (MDPI AG)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I4210097602","host_organization_name":"Multidisciplinary Digital Publishing Institute (Switzerland)","host_organization_lineage":["https://openalex.org/I4210097602"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Entropy; Volume 24; Issue 6; Pages: 808","raw_type":"Text"},{"id":"pmh:oai:pubmedcentral.nih.gov:9222946","is_oa":true,"landing_page_url":"https://www.ncbi.nlm.nih.gov/pmc/articles/9222946","pdf_url":null,"source":{"id":"https://openalex.org/S2764455111","display_name":"PubMed Central","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I1299303238","host_organization_name":"National Institutes of Health","host_organization_lineage":["https://openalex.org/I1299303238"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Entropy (Basel)","raw_type":"Text"}],"best_oa_location":{"id":"doi:10.3390/e24060808","is_oa":true,"landing_page_url":"https://doi.org/10.3390/e24060808","pdf_url":"https://www.mdpi.com/1099-4300/24/6/808/pdf?version=1654773518","source":{"id":"https://openalex.org/S195231649","display_name":"Entropy","issn_l":"1099-4300","issn":["1099-4300"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Entropy","raw_type":"journal-article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/17","display_name":"Partnerships for the goals","score":0.4399999976158142}],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4281624395.pdf","grobid_xml":"https://content.openalex.org/works/W4281624395.grobid-xml"},"referenced_works_count":60,"referenced_works":["https://openalex.org/W333233685","https://openalex.org/W950821216","https://openalex.org/W1741702827","https://openalex.org/W1901616594","https://openalex.org/W1964040105","https://openalex.org/W1965591532","https://openalex.org/W1994794118","https://openalex.org/W2010824638","https://openalex.org/W2020925091","https://openalex.org/W2037102228","https://openalex.org/W2042374013","https://openalex.org/W2047717810","https://openalex.org/W2060154096","https://openalex.org/W2074682976","https://openalex.org/W2094688862","https://openalex.org/W2100130321","https://openalex.org/W2100422602","https://openalex.org/W2108209281","https://openalex.org/W2119851834","https://openalex.org/W2125459357","https://openalex.org/W2133757074","https://openalex.org/W2138144286","https://openalex.org/W2147631685","https://openalex.org/W2268646449","https://openalex.org/W2469796139","https://openalex.org/W2507618556","https://openalex.org/W2580638688","https://openalex.org/W2767959255","https://openalex.org/W2788840116","https://openalex.org/W2801948330","https://openalex.org/W2805310212","https://openalex.org/W2897694584","https://openalex.org/W2935854497","https://openalex.org/W2944327834","https://openalex.org/W2945702958","https://openalex.org/W2970094702","https://openalex.org/W2989627968","https://openalex.org/W3037049426","https://openalex.org/W3043074120","https://openalex.org/W3098181366","https://openalex.org/W3098635105","https://openalex.org/W3099637414","https://openalex.org/W3100041486","https://openalex.org/W3122503089","https://openalex.org/W3123605052","https://openalex.org/W3123933399","https://openalex.org/W3124094741","https://openalex.org/W3139774759","https://openalex.org/W3181399241","https://openalex.org/W3182009322","https://openalex.org/W3196341616","https://openalex.org/W3197351916","https://openalex.org/W3201234675","https://openalex.org/W3201765895","https://openalex.org/W3215458820","https://openalex.org/W4205546272","https://openalex.org/W4212770802","https://openalex.org/W4214646126","https://openalex.org/W4242087913","https://openalex.org/W6677103149"],"related_works":["https://openalex.org/W2372194214","https://openalex.org/W3081640970","https://openalex.org/W4200439127","https://openalex.org/W2011164629","https://openalex.org/W2021013714","https://openalex.org/W2412250669","https://openalex.org/W2359856669","https://openalex.org/W1488551807","https://openalex.org/W2023979854","https://openalex.org/W2560331580"],"abstract_inverted_index":{"The":[0,61,98],"correlation-based":[1],"network":[2,22],"is":[3],"a":[4,37,58],"powerful":[5],"tool":[6],"to":[7,53,89,108],"reveal":[8],"the":[9,28,47,86,91,95,110,119,128],"influential":[10],"mechanisms":[11],"and":[12,77],"relations":[13],"in":[14,131,143],"stock":[15,42,101,144],"markets.":[16,145],"However,":[17],"current":[18],"methods":[19],"for":[20,40],"developing":[21,41],"models":[23],"are":[24,106,124],"dominantly":[25],"based":[26],"on":[27],"pairwise":[29],"relationship":[30,43,49],"of":[31,94,112,133],"positive":[32,67,134],"correlations.":[33,79],"This":[34],"work":[35],"proposes":[36],"new":[38],"approach":[39],"networks":[44,121],"by":[45],"using":[46],"linear":[48],"model":[50,63],"with":[51,69,85,103,127],"LASSO":[52],"explore":[54],"negative":[55,78,136],"correlations":[56,137],"under":[57],"systemic":[59],"framework.":[60],"developed":[62,96,120],"not":[64,122],"only":[65,123],"preserves":[66],"links":[68],"statistical":[70],"significance":[71],"but":[72,138],"also":[73,81,139],"includes":[74],"link":[75],"directions":[76,142],"We":[80],"introduce":[82],"blends":[83],"cliques":[84],"balance":[87],"theory":[88],"investigate":[90],"consistency":[92],"properties":[93],"networks.":[97],"ASX":[99],"200":[100],"data":[102],"194":[104],"stocks":[105],"applied":[107],"evaluate":[109],"effectiveness":[111],"our":[113],"proposed":[114],"method.":[115],"Results":[116],"suggest":[117],"that":[118],"highly":[125],"consistent":[126],"correlation":[129],"coefficient":[130],"terms":[132],"or":[135],"provide":[140],"influence":[141]},"counts_by_year":[],"updated_date":"2026-03-27T05:58:40.876381","created_date":"2025-10-10T00:00:00"}
