Optimal Matrix Product States for the Heisenberg Spin Chain
  We present some exact results for the optimal Matrix Product State (MPS) approximation to the ground state of the infinite isotropic Heisenberg spin-1/2 chain. Our approach is based on the systematic use of Schmidt decompositions to reduce the problem of approximating for the ground state of a spin chain to an analytical minimization. This allows to show that results of standard simulations, e.g. density matrix renormalization group and infinite time evolving block decimation, do correspond to the result obtained by this minimization strategy and, thus, both methods deliver optimal MPS with the same energy but, otherwise, different properties. We also find that translational and rotational symmetries cannot be maintained simultaneously by the MPS ansatz of minimum energy and present explicit constructions for each case. Furthermore, we analyze symmetry restoration and quantify it to uncover new scaling relations. The method we propose can be extended to any translational invariant Hamiltonian. 
Jos\'e I. Latorre and Vicent Pic\'o