Some statistical tools, including histogram, spectral analysis and fractal theory, were used on the daily Taiwan stock price index (TSPI) from 1987 to 2002 to examine the possible scale-invariant behavior and the clustering characteristics in Taiwan stock market. It was found that the TSPI data exhi
Scales and stock markets
β Scribed by Timmermann, Allan
- Book ID
- 109793412
- Publisher
- Nature Publishing Group
- Year
- 1995
- Tongue
- English
- Weight
- 861 KB
- Volume
- 376
- Category
- Article
- ISSN
- 0028-0836
- DOI
- 10.1038/376018a0
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π SIMILAR VOLUMES
## a b s t r a c t We propose a graphical method to visualize possible time-varying correlations between fifteen stock market values. The method is useful for observing stable or emerging clusters of stock markets with similar behaviour. The graphs, originated from applying multidimensional scalin
Self-organized criticality (SOC) has been claimed to play an important role in many natural and social systems. In the present work we empirically investigate the relevance of this theory to stock-market dynamics. Avalanches in stock-market indices are identified using a multi-scale wavelet-filterin