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We study the behaviour of the power spectrum (PS) in the case of fractal structures. We show that in this case the main observational features of the PS, the large scale flattening and the scaling of the amplitude with sample depth, are…

Astrophysics · Physics 2007-05-23 F. Sylos Labini , L. Amendola

We study numerically the coarsening kinetics of a two-dimensional ferromagnetic system with aleatory bond dilution. We show that interfaces between domains of opposite magnetisation are fractal on every lengthscale, but with different…

Statistical Mechanics · Physics 2019-05-30 Federico Corberi , Leticia F. Cugliandolo , Ferdinando Insalata , Marco Picco

We measure the influence of different time-scales on the dynamics of financial market data. This is obtained by decomposing financial time series into simple oscillations associated with distinct time-scales. We propose two new time-varying…

Statistical Finance · Quantitative Finance 2016-11-23 Noemi Nava , Tiziana Di Matteo , Tomaso Aste

Let $f$ be a holomorphic or Maass Hecke cusp form for the full modular group and write $\lambda_f(n)$ for the corresponding Hecke eigenvalues. We are interested in the signs of those eigenvalues. In the holomorphic case, we show that for…

Number Theory · Mathematics 2015-04-23 Kaisa Matomäki , Maksym Radziwill

Detrend fluctuation analysis (DFA) has become a choice method for effective analysis of a broad variety of nonstationary signals. We show in the present article that, provided the nonstationary fluctuations occur at a large enough time…

Quantitative Methods · Quantitative Biology 2007-05-23 Luciano da Fontoura Costa , Ruth Caldeira de Melo , Ester da Silva , Audrey Borghi-Silva , Aparecida Maria Catai

We propose a new method to analyze fluctuations in the strength function phenomena in highly excited nuclei. Extending the method of multifractal analysis to the cases where the strength fluctuations do not obey power scaling laws, we…

Nuclear Theory · Physics 2009-10-31 Hirokazu Aiba , Masayuki Matsuo

A recently developed wavelet based approach is employed to characterize the scaling behavior of spectral fluctuations of random matrix ensembles, as well as complex atomic systems. Our study clearly reveals anti-persistent behavior and…

Chaotic Dynamics · Physics 2009-11-11 P. Manimaran , Prasanta K. Panigrahi , P. Anantha Lakshmi

We perform an extensive empirical analysis of scaling properties of equity returns, suggesting that financial data show time varying multifractal properties. This is obtained by comparing empirical observations of the weighted generalised…

Statistical Finance · Quantitative Finance 2015-06-12 Raffaello Morales , T. Di Matteo , Tomaso Aste

We investigate the structure of the profit landscape obtained from the most basic, fluctuation based, trading strategy applied for the daily stock price data. The strategy is parameterized by only two variables, p and q. Stocks are sold and…

Statistical Finance · Quantitative Finance 2012-05-04 Andreas Gronlund , Il Gu Yi , Beom Jun Kim

We address the question of how stock prices respond to changes in demand. We quantify the relations between price change $G$ over a time interval $\Delta t$ and two different measures of demand fluctuations: (a) $\Phi$, defined as the…

Statistical Mechanics · Physics 2009-11-07 Vasiliki Plerou , Parameswaran Gopikrishnan , Xavier Gabaix , H. Eugene Stanley

We analyze the time series of the power loads of the 35 separated countries publicly sharing hourly data through ENTSO-E platform for more than 5 years. We apply the Multifractal Detrended Fluctuation Analysis for the demonstration of the…

Statistical Finance · Quantitative Finance 2017-06-05 Hynek Lavicka , Jiri Kracik

We consider the behaviour of the fluctuating specific heat and conductivity in the vicinity of the upper critical field line for a two-band superconductor. Multiple-band effects are pronounced when the bands have very different coherence…

Superconductivity · Physics 2015-06-22 A. E. Koshelev , A. A. Varlamov

A non-fungible token (NFT) market is a new trading invention based on the blockchain technology which parallels the cryptocurrency market. In the present work we study capitalization, floor price, the number of transactions, the…

Computational Finance · Quantitative Finance 2024-01-17 Paweł Szydło , Marcin Wątorek , Jarosław Kwapień , Stanisław Drożdż

We extend our previous study of scaling range properties done for detrended fluctuation analysis (DFA) \cite{former_paper} to other techniques of fluctuation analysis (FA). The new technique called Modified Detrended Moving Average Analysis…

Data Analysis, Statistics and Probability · Physics 2012-12-21 Grech Dariusz , Mazur Zygmunt

The major goal of the present paper is to find out the manifestation of the boundedness of fluctuations. Two different subjects are considered: (i) an ergodic Markovian process associated with a new type of large scaled fluctuations at…

Statistical Mechanics · Physics 2007-05-23 Maria K. Koleva , Valery C. Covachev

We develop the mathematical properties of a multifractal analysis of data based on the weak scaling exponent. The advantage of this analysis is that it does not require any a priori global regularity assumption on the analyzed signal, in…

Signal Processing · Electrical Eng. & Systems 2025-03-24 Patrice Abry , Phipippe Ciuciu , Merlin Dumeur , Stéphane Jaffard , Guillaume Saës

We find that multifractal scaling is a robust property of a large class of continuous stochastic processes, constructed as exponentials of long-memory processes. The long memory is characterized by a power law kernel with tail exponent…

Statistical Mechanics · Physics 2009-11-11 A. Saichev , D. Sornette

The performance of the multifractal detrended analysis on short time series is evaluated for synthetic samples of several mono- and multifractal models. The reconstruction of the generalized Hurst exponents is used to determine the range of…

Data Analysis, Statistics and Probability · Physics 2013-11-12 Juan Luis Lopez , Jesus Guillermo Contreras

We empirically analyze the scaling properties of daily Foreign Exchange rates, Stock Market indices and Bond futures across different financial markets. We study the scaling behaviour of the time series by using a generalized Hurst exponent…

Statistical Mechanics · Physics 2008-12-02 T. Di Matteo , T. Aste , M. M. Dacorogna

This study investigates the volatility of daily Bitcoin returns and multifractal properties of the Bitcoin market by employing the rolling window method and examines relationships between the volatility asymmetry and market efficiency.…

Statistical Finance · Quantitative Finance 2021-02-18 Tetsuya Takaishi