Identifying long-term precursors of financial market crashes using correlation patterns

Identifying long-term precursors of financial market crashes using correlation patterns

The study of the critical dynamics in complex systems is always interesting yet challenging. Here, we choose financial markets as an example of a complex system, and do comparative analyses of two stock markets—the S&P 500 (USA) and Nikkei 225 (JPN). Our analyses are based on the evolution of cr...

Full description

Bibliographic Details
Main Authors: Hirdesh K Pharasi, Kiran Sharma, Rakesh Chatterjee, Anirban Chakraborti, Francois Leyvraz, Thomas H Seligman
Format: Article
Language:English
Published: IOP Publishing 2018-01-01
Series:New Journal of Physics
Subjects:
market crash
market state
power mapping method
multidimensional scaling
return cross-correlations
Online Access:https://doi.org/10.1088/1367-2630/aae7e0

Internet

https://doi.org/10.1088/1367-2630/aae7e0

Similar Items