Correlation Based Clustering of the Amman Stock Exchange
This study classifies firms listed on Amman Stock Exchange (ASE) into clusters based on Pairwise stock correlations. The partitioning level technique is based on the decrease in firms’ concertation in their clusters when one additional cluster is created. The results indicate that five and nine clus...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
EconJournals
2017-06-01
|
Series: | International Journal of Economics and Financial Issues |
Subjects: | |
Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/32035/354475?publisher=http-www-cag-edu-tr-ilhan-ozturk |