1 citations · 1 across the 2 of their papers we have counts for
Showing q-fin.PMShow all
2 papers · 1 filter
q-fin.PM2015
How much diversification potential is there in a single market? Evidence from the Australian Stock Exchange
Libin Yang, William Rea, Alethea Rea
We present four methods of assessing the diversification potential within a stock market, two of these are based on principal component analysis. They were applied to the Australia…
q-fin.PM2015★ 1 cited
Identifying Highly Correlated Stocks Using the Last Few Principal Components
Libin Yang, William Rea, and Alethea Rea
We show that the last few components in principal component analysis of the correlation matrix of a group of stocks may contain useful financial information by identifying highly c…