activity
20162023
most citedDynamics of the market states in the space of correlation matrices with applications to financial markets

1 citations · 1 across the 3 of their papers we have counts for

collaborators

9 papers

physics.soc-ph2023

Investigation of Indian stock markets using topological data analysis and geometry-inspired network measures

Saumitra Kulkarni, Hirdesh K. Pharasi, Sudharsan Vijayaraghavan +3

Geometry-inspired measures (such as discrete Ricci curvatures) and topological data analysis (TDA) based methods (such as persistent homology) have become attractive tools for char…

q-fin.ST20211 cited

Dynamics of the market states in the space of correlation matrices with applications to financial markets

Hirdesh K. Pharasi, Suchetana Sadhukhan, Parisa Majari +2

The concept of states of financial markets based on correlations has gained increasing attention during the last 10 years. We propose to retrace some important steps up to 2018, an…

q-fin.ST2020

Network geometry and market instability

Areejit Samal, Hirdesh K. Pharasi, Sarath Jyotsna Ramaia +4

The complexity of financial markets arise from the strategic interactions among agents trading stocks, which manifest in the form of vibrant correlation patterns among stock prices…

q-fin.CP2020

A perspective on correlation-based financial networks and entropy measures

Vishwas Kukreti, Hirdesh K. Pharasi, Priya Gupta +1

In this brief review, we critically examine the recent work done on correlation-based networks in financial systems. The structure of empirical correlation matrices constructed fro…

q-fin.CP2020

Market states: A new understanding

Hirdesh K. Pharasi, Eduard Seligman, Thomas H. Seligman

We present the clustering analysis of the financial markets of S&P 500 (USA) and Nikkei 225 (JPN) markets over a period of 2006-2019 as an example of a complex system. We investiga…

q-fin.ST2019

Phase separation and scaling in correlation structures of financial markets

Anirban Chakraborti, Hrishidev, Kiran Sharma +1

Financial markets, being spectacular examples of complex systems, display rich correlation structures among price returns of different assets. The correlation structures change dra…