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Scaling and memory in volatility return intervals in financial markets

For both stock and currency markets, we study the return intervals τ between the daily volatilities of the price changes that are above a certain threshold q. We find that the distribution function P(q)(τ) scales with the mean return interval [Formula: see text] as [Formula: see text]. The scaling f...

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Detalhes bibliográficos
Main Authors: Yamasaki, Kazuko, Muchnik, Lev, Havlin, Shlomo, Bunde, Armin, Stanley, H. Eugene
Formato: Artigo
Idioma:Inglês
Publicado em: National Academy of Sciences 2005
Assuntos:
Acesso em linha:https://ncbi.nlm.nih.gov/pmc/articles/PMC1166612/
https://ncbi.nlm.nih.gov/pubmed/15980152
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1073/pnas.0502613102
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