Residual Maximum Likelihood (REML) analysis is the most widely used method to estimate variance components and heritability. This method is based on large sample theory under the assumption that the ...
As a key variance partitioning tool, linear mixed models (LMMs) using genome-based restricted maximum likelihood (GREML) allow both fixed and random effects. Classic LMMs assume independence between ...
This article was written by Antonios Lazanas, Head of Quantitative Investment Research, and Changxiu “Sue” Li, Head of Fixed Income Portfolio Analytics at Bloomberg. The investment landscape of 2026 ...