Domino effect for world market fluctuations
arXiv:cond-mat/0001293 · doi:10.1007/s100510051158
Abstract
In order to emphasize cross-correlations for fluctuations in major market places, series of up and down spins are built from financial data. Patterns frequencies are measured, and statistical tests performed. Strong cross-correlations are emphasized, proving that market moves are collective behaviors.
8 pages, 5 figures, submitted to EPJB
References in corpus (1)
Cited by in corpus (3)
- Time dependent cross correlations between different stock returns: A directed network of influence
- To lag or not to lag? How to compare indices of stock markets that operate at different times
- Generalized (m,k)-Zipf law for fractional Brownian motion-like time series with or without effect of an additional linear trend