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Recently the statistical characterizations of financial markets based on physics concepts and methods attract considerable attentions. We used two possible procedures of analyzing multifractal properties of a time series. The first one uses…

Data Analysis, Statistics and Probability · Physics 2008-12-02 A. Ganchuk , V. Derbentsev , V. Soloviev

One-dimensional detrended fluctuation analysis (1D DFA) and multifractal detrended fluctuation analysis (1D MF-DFA) are widely used in the scaling analysis of fractal and multifractal time series because of being accurate and easy to…

General Physics · Physics 2007-05-23 Gao-Feng Gu , Wei-Xing Zhou

We investigate the presence of residual multifractal background for monofractal signals which appears due to the finite length of the signals and (or) due to the long memory the signals reveal. This phenomenon is investigated numerically…

Data Analysis, Statistics and Probability · Physics 2011-09-27 Dariusz Grech , Grzegorz Pamula

Multifractal structure of global monthly mean temperature anomaly time series over the period of 1850-2012 are studied in terms of the multifractal detrended moving average (MFDMA) analysis. We try to address the possible source(s) and the…

Atmospheric and Oceanic Physics · Physics 2017-08-17 Provash Mali

We study quantitatively the level of false multifractal signal one may encounter while analyzing multifractal phenomena in time series within multifractal detrended fluctuation analysis (MF-DFA). The investigated effect appears as a result…

Data Analysis, Statistics and Probability · Physics 2015-06-16 Dariusz Grech , Grzegorz Pamuła

Multifractal Detrended Fluctuation Analysis stands out as one of the most reliable methods for unveiling multifractal properties, specially when real-world time series are under analysis. However, little is known about how several aspects,…

Data Analysis, Statistics and Probability · Physics 2022-07-20 Felipe Olivares , Massimiliano Zanin

Stock markets can become inefficient due to calendar anomalies known as day-of-the-week effect. Calendar anomalies are well-known in financial literature, but the phenomena remain to be explored in econophysics. In this paper we use…

Statistical Finance · Quantitative Finance 2022-05-04 Darko Stosic , Dusan Stosic , Irena Vodenska , H. Eugene Stanley , Tatijana Stosic

Rank-Ordered Multifractal Analysis (ROMA), a recently developed technique that combines the ideas of parametric rank ordering and one parameter scaling of monofractals, has the capabilities of deciphering the multifractal characteristics of…

Earth and Planetary Astrophysics · Physics 2014-11-20 Sunny W. Y. Tam , Tom Chang , Paul M. Kintner , Eric M. Klatt

In this work, an analysis of multifractal parameters of daily precipitation series over the Iberian Peninsula was performed in two 30-year periods to explore whether these properties follow any pattern. Fluctuations of precipitation series…

Atmospheric and Oceanic Physics · Physics 2023-11-20 J. Gomez-Gomez , R. Carmona-Cabezas , E. Sanchez-Lopez , E. Gutierrez de Rave , F. J. Jimenez-Hornero

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

It is ubiquitous in natural and social sciences that two variables, recorded temporally or spatially in a complex system, are cross-correlated and possess multifractal features. We propose a new method called multifractal detrended…

Data Analysis, Statistics and Probability · Physics 2008-12-02 Wei-Xing Zhou

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 propose a fully multivariate generalization of multifractal detrended fluctuation analysis (MFDFA) and leverage it to develop a fault diagnosis framework for multichannel machine vibration data. We introduce a novel covariance-weighted…

Signal Processing · Electrical Eng. & Systems 2025-11-27 Khuram Naveed , Naveed ur Rehman

In the last thirty years, the Northern and Central Apennines (Italy) have been affected by three main destructive seismic sequences: the 1997 Colfiorito (three events $M_L > 5.5$), the 2009 L'Aquila (one event $M_L > 5.5$), and the…

Geophysics · Physics 2026-01-09 Marion Baques , Piero Poli , Michele Fondriest

The inverse diffusion flame (IDF) can experience thermoacoustic instability due to variations in power input or flow conditions. However, the dynamical transitions in IDF that lead to this instability when altering control parameters have…

Long-range correlation and fluctuation in the gold market time series of world's two leading gold consuming countries, namely China and India, are studied. For both the market series during the period 1985-2013 we observe a long-range…

Statistical Finance · Quantitative Finance 2015-06-01 Provash Mali , Amitabha Mukhopadhyay

Multifractality in time series analysis characterizes the presence of multiple scaling exponents, indicating heterogeneous temporal structures and complex dynamical behaviors beyond simple monofractal models. In the context of digital…

Statistical Finance · Quantitative Finance 2025-10-16 Stanisław Drożdż , Robert Kluszczyński , Jarosław Kwapień , Marcin Wątorek

We study the volatility of the MIB30-stock-index high-frequency data from November 28, 1994 through September 15, 1995. Our aim is to empirically characterize the volatility random walk in the framework of continuous-time finance. To this…

Statistical Mechanics · Physics 2008-12-02 Marco Raberto , Enrico Scalas , Gianaurelio Cuniberti , Massimo Riani

We present a comparative analysis of multifractal properties of financial time series built on stock indices from developing (WIG) and developed (S&P500) financial markets. It is shown how the multifractal image of the market is altered…

Statistical Finance · Quantitative Finance 2011-07-19 Dariusz Grech , Lukasz Czarnecki

Natural disaster strikes at any given moment from seemingly out of nowhere Akin to earthquake that strongly affects human with different magnitudes through the course of time. The main aim of this study is the fractal analysis of seismic…

Geophysics · Physics 2026-04-28 Santanu Nandi