1. The convergence epidemic volatility index (cEVI) as an alternative early warning tool for identifying waves in an epidemic.
- Author
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Pateras, Konstantinos, Meletis, Eleftherios, Denwood, Matthew, Eusebi, Paolo, and Kostoulas, Polychronis
- Subjects
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MARKET volatility , *EPIDEMICS , *BAYESIAN analysis , *INFLUENZA , *DATA analysis - Abstract
This manuscript introduces the convergence Epidemic Volatility Index (cEVI), a modification of the recently introduced Epidemic Volatility Index (EVI), as an early warning tool for emerging epidemic waves. cEVI has a similar architectural structure as EVI, but with an optimization process inspired by a Geweke diagnostic-type test. Our approach triggers an early warning based on a comparison of the most recently available window of data samples and a window based on the previous time frame. Application of cEVI to data from the COVID-19 pandemic data revealed steady performance in predicting early, intermediate epidemic waves and retaining a warning during an epidemic wave. Furthermore, we present two basic combinations of EVI and cEVI: (1) their disjunction cEVI þ that respectively identifies waves earlier than the original index, (2) their conjunction cEVIthat results in higher accuracy. Combination of multiple warning systems could potentially create a surveillance umbrella that would result in early implementation of optimal outbreak interventions. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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