Determination of the Hurst exponent by use of wavelet transforms

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Estimating the Hurst Exponent

The Hurst Exponent is a dimensionless estimator for the self-similarity of a time series. Initially defined by Harold Edwin Hurst to develop a law for regularities of the Nile water level, it now has applications in medicine and finance. Meaningful values are in the range [0, 1]. Different methods for estimating the Hurst Exponent have been evaluated: The classical “Rescaled Range” method devel...

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ژورنال

عنوان ژورنال: Physical Review E

سال: 1998

ISSN: 1063-651X,1095-3787

DOI: 10.1103/physreve.58.2779