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An Entropy-Based Approach to Measurement of Stock Market Depth

The aim of this study is to investigate market depth as a stock market liquidity dimension. A new methodology for market depth measurement exactly based on Shannon information entropy for high-frequency data is introduced and utilized. The proposed entropy-based market depth indicator is supported b...

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Detalhes bibliográficos
Publicado no:Entropy (Basel)
Main Authors: Olbryś, Joanna, Ostrowski, Krzysztof
Formato: Artigo
Idioma:Inglês
Publicado em: MDPI 2021
Assuntos:
Acesso em linha:https://ncbi.nlm.nih.gov/pmc/articles/PMC8147648/
https://ncbi.nlm.nih.gov/pubmed/34063670
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.3390/e23050568
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