Log-periodic self-similarity: an emerging financial law?
نویسندگان
چکیده
منابع مشابه
5 Se p 20 02 Log - periodic self - similarity : an emerging financial law ?
A hypothesis is pursued that the financial log-periodicity, cascading self-similarity through various time scales, carries signatures of a law. It is shown that the most significant historical financial events can amazingly well be classified using a single and unique value of the preferred scaling factor λ = 2, which indicates that its real value should be close to this number. This applies ev...
متن کامل6 Se p 20 02 Log - periodic self - similarity : an emerging financial law ?
A hypothesis that the financial log-periodicity, cascading self-similarity through various time scales, carries signatures of a law is pursued. It is shown that the most significant historical financial events can be classified amazingly well using a single and unique value of the preferred scaling factor λ = 2, which indicates that its real value should be close to this number. This applies ev...
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ژورنال
عنوان ژورنال: Physica A: Statistical Mechanics and its Applications
سال: 2003
ISSN: 0378-4371
DOI: 10.1016/s0378-4371(02)01848-4