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We make use of wavelet transform to study the multi-scale, self similar behavior and deviations thereof, in the stock prices of large companies, belonging to different economic sectors. The stock market returns exhibit multi-fractal…

Statistical Finance · Quantitative Finance 2015-03-13 Sayantan Ghosh , P. Manimaran , Prasanta K. Panigrahi

Bid-ask spread is taken as an important measure of the financial market liquidity. In this article, we study the dynamics of the spread return and the spread volatility of four liquid stocks in the Chinese stock market, including the memory…

Statistical Finance · Quantitative Finance 2015-05-30 Tian Qiu , Guang Chen , Li-Xin Zhong , Xiao-Run Wu

Long-range hoppings in quantum disordered systems are known to yield quantum multifractality, whose features can go beyond the characteristic properties associated with an Anderson transition. Indeed, critical dynamics of long-range quantum…

Disordered Systems and Neural Networks · Physics 2023-12-27 Weitao Chen , Gabriel Lemarie , Jiangbin Gong

We present a general framework of detrending methods of fluctuation analysis of which detrended fluctuation analysis (DFA) is one prominent example. Another more recently introduced method is detrending moving average (DMA). Both methods…

Statistical Mechanics · Physics 2019-04-03 Marc Höll , Ken Kiyono , Holger Kantz

We investigate numerically the localization-delocalization transition in quantum Hall systems with long-range disorder potential with respect to multifractal properties. Wavefunctions at the transition energy are obtained within the…

Condensed Matter · Physics 2009-10-28 Rochus Klesse , Marcus Metzler

With the aggravation of the global economic crisis and inflation, the precious metals with safe-haven function have become more popular. An improved MF-DFA method is proposed to analyze price fluctuations of the precious metals market.…

Statistical Finance · Quantitative Finance 2020-06-30 Zhongjun Wang , Mengye Sun , A. M. Elsawah

We study the multifractal temporal scaling properties of river discharge and precipitation records. We compare the results for the multifractal detrended fluctuation analysis method with the results for the wavelet transform modulus maxima…

In the last decades, an ever-growing number of studies are focusing on the extreme weather conditions related to the climate change. Some of them are based on multifractal approaches, such as the Multifractal Detrended Fluctuation Analysis…

Atmospheric and Oceanic Physics · Physics 2023-11-17 J. Gomez-Gomez , R. Carmona-Cabezas , A. B. Ariza-Villaverde , E. Gutierrez de Rave , F. J. Jimenez-Hornero

We show that extended self-similarity, a scaling phenomenon firstly observed in classical turbulent flows, holds for a two-dimensional metal-insulator transition that belongs to the universality class of random Dirac fermions. Deviations…

Disordered Systems and Neural Networks · Physics 2009-11-10 L. Moriconi

Multifractals are inhomogeneous measures (or functions) which are typically described by a full spectrum of real dimensions, as opposed to a single real dimension. Results from the study of fractal strings in the analysis of their geometry,…

Mathematical Physics · Physics 2008-10-07 Michel L. Lapidus , John A. Rock

We propose to verify relations between quantities which characterize scaling properties of high energy density fluctuations in terms of factorial moments and newly introduced associated frequency moments. Typical examples are presented in…

High Energy Physics - Phenomenology · Physics 2014-11-17 Mikulaas Blazek

We compare systematically several classes of stochastic volatility models of stock market fluctuations. We show that the long-time return distribution is either Gaussian or develops a power-law tail, while the short-time return distribution…

Statistical Finance · Quantitative Finance 2010-09-15 Frantisek Slanina

We study large deviation properties of probability distributions with either a compact support or a fat tail by comparing them with q-deformed exponential distributions. Our main result is a large deviation property for probability…

Mathematical Physics · Physics 2015-06-02 Jan Naudts , Hiroki Suyari

Barkhausen effect in ferromagnetic materials provides an excellent area for investigating scaling phenomena found in disordered systems exhibiting crackling noise. The critical dynamics is characterized by random pulses or avalanches with…

Disordered Systems and Neural Networks · Physics 2017-09-06 Gustavo Zampier dos Santos Lima , Gilberto Corso , Marcio Assolin Corrêa , Rubem Luis Sommer , Plamen Ch. Ivanov , Felipe Bohn

The spacing of nearest levels of the spectrum of a complex network can be regarded as a time series. Joint use of Multi-fractal Detrended Fluctuation Approach (MF-DFA) and Diffusion Entropy (DE) is employed to extract characteristics from…

Statistical Mechanics · Physics 2007-05-23 Huijie Yang , Fangcui Zhao , Longyu Qi , Beilai Hu

We consider the Bak-Tang-Wiesenfeld (BTW) and the Manna sandpile models of self-organized criticality. In the models, previous studies revealed a signature of long-range temporal correlations in the avalanche activity. We examine the power…

Statistical Mechanics · Physics 2025-07-30 Rahul Chhimpa , Avinash Chand Yadav

Various methods have been developed independently to study the multifractality of measures in many different contexts. Although they all convey the same intuitive idea of giving a "dimension" to sets where a quantity scales similarly within…

Data Analysis, Statistics and Probability · Physics 2017-03-08 Hadrien Salat , Roberto Murcio , Elsa Arcaute

Many physical and physiological signals exhibit complex scale-invariant features characterized by $1/f$ scaling and long-range power-law correlations, suggesting a possibly common control mechanism. Specifically, it has been suggested that…

The multifractal formalism characterizes the scaling properties of a physical density rho as a function of the distance L. To each singularity alpha of the field is attributed a fractal dimension for its support f(alpha). An alternative…

Chaotic Dynamics · Physics 2009-11-10 Stephane Roux , Mogens H. Jensen

We analyze the fractal dimension of melodic contours and pitch time series of classical music and folk music tunes. The fractal dimensions obtained from box counting and detrended fluctuation analysis show significant differences. They are…

Disordered Systems and Neural Networks · Physics 2022-04-20 Maria H. Niklasson , Gunnar A. Niklasson