The Genesis of Uncertainty: Structural Analysis of Stochastic Chaos in Finance Markets
The presented article is methodological in nature and is devoted to the analysis of observation series of financial asset quotation changes in capital markets. The most important feature of these processes is their instability, which manifests itself in high sensitivity to seemingly minor disturbing...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Hindawi-Wiley
2023-01-01
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| Series: | Complexity |
| Online Access: | http://dx.doi.org/10.1155/2023/1302220 |
| _version_ | 1797850994137104384 |
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| author | Alexander Musaev Andrey Makshanov Dmitry Grigoriev |
| author_facet | Alexander Musaev Andrey Makshanov Dmitry Grigoriev |
| author_sort | Alexander Musaev |
| collection | DOAJ |
| description | The presented article is methodological in nature and is devoted to the analysis of observation series of financial asset quotation changes in capital markets. The most important feature of these processes is their instability, which manifests itself in high sensitivity to seemingly minor disturbing factors. This phenomenon is well-studied in the theory of nonlinear dynamical systems and is described by models of deterministic chaos. However, for the processes considered in the article, the dynamic instability of the immersion environment is exacerbated by stochastic uncertainty caused by random fluctuations in the pricing process. As a result, describing observation series of quotations of financial assets is difficult because it involves stochastic chaos. This article analyzes and classifies chaotic series of observations to help model and forecast related processes. |
| first_indexed | 2024-04-09T19:10:32Z |
| format | Article |
| id | doaj.art-bdc0dc6624ec4b8b993ae187e31c16a7 |
| institution | Directory Open Access Journal |
| issn | 1099-0526 |
| language | English |
| last_indexed | 2024-04-09T19:10:32Z |
| publishDate | 2023-01-01 |
| publisher | Hindawi-Wiley |
| record_format | Article |
| series | Complexity |
| spelling | doaj.art-bdc0dc6624ec4b8b993ae187e31c16a72023-04-07T00:00:07ZengHindawi-WileyComplexity1099-05262023-01-01202310.1155/2023/1302220The Genesis of Uncertainty: Structural Analysis of Stochastic Chaos in Finance MarketsAlexander Musaev0Andrey Makshanov1Dmitry Grigoriev2St. Petersburg Institute for Informatics and Automation of the Russian Academy of SciencesDepartment of Computing Systems and Computer ScienceCenter of Econometrics and Business Analytics (CEBA)The presented article is methodological in nature and is devoted to the analysis of observation series of financial asset quotation changes in capital markets. The most important feature of these processes is their instability, which manifests itself in high sensitivity to seemingly minor disturbing factors. This phenomenon is well-studied in the theory of nonlinear dynamical systems and is described by models of deterministic chaos. However, for the processes considered in the article, the dynamic instability of the immersion environment is exacerbated by stochastic uncertainty caused by random fluctuations in the pricing process. As a result, describing observation series of quotations of financial assets is difficult because it involves stochastic chaos. This article analyzes and classifies chaotic series of observations to help model and forecast related processes.http://dx.doi.org/10.1155/2023/1302220 |
| spellingShingle | Alexander Musaev Andrey Makshanov Dmitry Grigoriev The Genesis of Uncertainty: Structural Analysis of Stochastic Chaos in Finance Markets Complexity |
| title | The Genesis of Uncertainty: Structural Analysis of Stochastic Chaos in Finance Markets |
| title_full | The Genesis of Uncertainty: Structural Analysis of Stochastic Chaos in Finance Markets |
| title_fullStr | The Genesis of Uncertainty: Structural Analysis of Stochastic Chaos in Finance Markets |
| title_full_unstemmed | The Genesis of Uncertainty: Structural Analysis of Stochastic Chaos in Finance Markets |
| title_short | The Genesis of Uncertainty: Structural Analysis of Stochastic Chaos in Finance Markets |
| title_sort | genesis of uncertainty structural analysis of stochastic chaos in finance markets |
| url | http://dx.doi.org/10.1155/2023/1302220 |
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