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We present some stylized facts exhibited by the time series of returns of the Mexican Stock Exchange Index (IPC) and compare them to a sample of both developed (USA, UK and Japan) and emerging markets (Brazil and India). The period of study…

Statistical Finance · Quantitative Finance 2014-12-11 Omar Rojas , Carlos Trejo-Pech

Corruptive behaviour in politics limits economic growth, embezzles public funds, and promotes socio-economic inequality in modern democracies. We analyse well-documented political corruption scandals in Brazil over the past 27 years,…

Physics and Society · Physics 2018-12-12 Haroldo V. Ribeiro , Luiz G. A. Alves , Alvaro F. Martins , Ervin K. Lenzi , Matjaz Perc

Motivated by the challenge related to the COVID-19 epidemic and the seek for optimal containment strategies, we present a robustness analysis into an inter-cities mobility complex network. We abstract municipal initiatives as nodes'…

A complete understanding of real networks requires us to understand the consequences of the uneven interaction strengths between a system's components. Here we use the minimum spanning tree (MST) to explore the effect of weight assignment…

Disordered Systems and Neural Networks · Physics 2007-05-23 P. J. Macdonald , E. Almaas , A. -L. Barabasi

This study analysed a series of live cattle spot and futures prices from the Boi Gordo Index (BGI) in Brazil. The objective was to develop a model that best portrays this commodity's behaviour to estimate futures prices more accurately. The…

Statistical Finance · Quantitative Finance 2021-07-19 R. G. Alcoforado , W. Bernardino , A. D. Egídio dos Reis , J. A. C. Santos

In a system containing a large number of interacting stochastic processes, there will typically be many non-zero correlation coefficients. This makes it difficult to either visualize the system's inter-dependencies, or identify its dominant…

Other Condensed Matter · Physics 2011-09-06 Mark McDonald , Omer Suleman , Stacy Williams , Sam Howison , Neil F. Johnson

Online social networks offer a new way to investigate financial markets' dynamics by enabling the large-scale analysis of investors' collective behavior. We provide empirical evidence that suggests social media and stock markets have a…

Statistical Finance · Quantitative Finance 2016-03-02 Thársis T. P. Souza , Tomaso Aste

Following the value relevance literature, this study verifies whether the marketplace differentiates companies of high, medium, and low long-term operational performance, measured by accounting information on profitability, sales variation…

General Economics · Economics 2019-07-30 M. S. S. Rosa , P. R. B. Lustosa

The dynamic network of relationships among corporations underlies cascading economic failures including the current economic crisis, and can be inferred from correlations in market value fluctuations. We analyze the time dependence of the…

Statistical Finance · Quantitative Finance 2010-11-18 Dion Harmon , Blake Stacey , Yavni Bar-Yam , Yaneer Bar-Yam

Understanding how transportation networks work is important for improving connectivity, efficiency, and safety. In Brazil, where road transport is a significant portion of freight and passenger movement, network science can provide valuable…

Physics and Society · Physics 2024-12-23 Julio Taveira , Fernando Buarque de Lima Neto , Ronaldo Menezes

This paper intends to explain Venezuela's country spread behavior through the Neural Networks analysis of a monthly economic activity general index of economic indicators constructed by the Central Bank of Venezuela, a measure of the shocks…

Computational Engineering, Finance, and Science · Computer Science 2007-08-28 Sabatino Costanzo , Loren Trigo , Ramses Dominguez , William Moreno

In the contemporary world, a significant number of people use social networking services for a variety of purposes, including, but not limited to, communicating, exchanging messages and searching for information. A popular social network in…

By using Random Matrix Theory, we build covariance matrices between stocks of the BM&F-Bovespa (Bolsa de Valores, Mercadorias e Futuros de S\~ao Paulo) which are cleaned of some of the noise due to the complex interactions between the many…

Portfolio Management · Quantitative Finance 2014-08-11 Leonidas Sandoval Junior , Adriana Bruscato , Maria Kelly Venezuela

The propagation of unreliable information is on the rise in many places around the world. This expansion is facilitated by the rapid spread of information and anonymity granted by the Internet. The spread of unreliable information is a…

Computation and Language · Computer Science 2018-06-11 Mauricio Gruppi , Benjamin D. Horne , Sibel Adali

In this paper we use the Brooks and Hinich cross-bicorrelation test in order to uncover nonlinear dependence periods between USA Standard and Poor 500 (SP500), used as benchmark, and six Latin American stock markets indexes: Mexico (BMV),…

Statistical Finance · Quantitative Finance 2015-03-25 Semei Coronado , Omar Rojas , Rafael Romero-Meza , Francisco Venegas-Martinez

We use bank-level balance sheet data from 2005 to 2010 to study interactions within the banking system of five emerging countries: Argentina, Brazil, Mexico, South Africa, and Taiwan. For each country we construct a financial network based…

Statistical Finance · Quantitative Finance 2015-07-08 Diego Aparicio , Daniel Fraiman

In May 2024, weeks of severe rainfall in Rio Grande do Sul, Brazil caused widespread damage to infrastructure, impacting over 400 cities and 2.3 million people. This study presents the construction of comprehensive telecommunications…

We consider the effects of the 2008 global financial crisis on the global stock market before, during, and after the crisis. We generate complex networks from a cross-correlation matrix such as the threshold network (TN) and the minimal…

General Finance · Quantitative Finance 2018-06-13 Jae Woo Lee , Ashadun Nobi

This paper is concerned with the reliable inference of optimal tree-approximations to the dependency structure of an unknown distribution generating data. The traditional approach to the problem measures the dependency strength between…

Machine Learning · Computer Science 2007-07-16 Marco Zaffalon , Marcus Hutter

Technical trading rules and linear regressive models are often used by practitioners to find trends in financial data. However, these models are unsuited to find non-linearly separable patterns. We propose a decision tree forecasting model…

Applications · Statistics 2017-04-17 Lucas Fievet , Didier Sornette