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We propose a wavelet based method for the characterization of the scaling behavior of non-stationary time series. It makes use of the built-in ability of the wavelets for capturing the trends in a data set, in variable window sizes.…

Chaotic Dynamics · Physics 2009-11-10 P. Manimaran , Prasanta K. Panigrahi , Jitendra C. Parikh

The robustness of two widespread multifractal analysis methods, one based on detrended fluctuation analysis and one on wavelet leaders, is discussed in the context of time-series containing non-uniform structures with only isolated…

Data Analysis, Statistics and Probability · Physics 2020-04-08 Paweł Oświęcimka , Stanisław Drożdż , Mattia Frasca , Robert Gębarowski , Natsue Yoshimura , Luciano Zunino , Ludovico Minati

We study the nature of fluctuations in variety of price indices involving companies listed on the New York Stock Exchange. The fluctuations at multiple scales are extracted through the use of wavelets belonging to Daubechies basis. The fact…

Statistical Finance · Quantitative Finance 2013-03-26 Prasanta K. Panigrahi , Sayantan Ghosh , Arjun Banerjee , Jainendra Bahadur , P. Manimaran

This article combines wavelet analysis techniques with machine learning methods for univariate time series forecasting, focusing on three main contributions. Firstly, we consider the use of Daubechies wavelets with different numbers of…

Methodology · Statistics 2024-03-14 Guy P Nason , James L. Wei

We illustrate the efficacy of a discrete wavelet based approach to characterize fluctuations in non-stationary time series. The present approach complements the multi-fractal detrended fluctuation analysis (MF-DFA) method and is quite…

Chaotic Dynamics · Physics 2008-04-16 P. Manimaran , Prasanta K. Panigrahi , Jitendra C. Parikh

The multiscale dynamics of glow discharge plasma is analysed through wavelet transform, whose scale dependent variable window size aptly captures both transients and non-stationary periodic behavior. The optimal time-frequency localization…

Quantum Physics · Physics 2015-06-18 Bapun K. Giri , Chiranjit Mitra , Prasanta K. Panigrahi , A. N. Sekar Iyengar

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

This paper studies the daily connectivity time series of a wind speed-monitoring network using multifractal detrended fluctuation analysis. It investigates the long-range fluctuation and multifractality in the residuals of the connectivity…

Data Analysis, Statistics and Probability · Physics 2018-07-31 Mohamed Laib , Luciano Telesca , Mikhail Kanevski

We show the relevance of a multifractal-type analysis for pointwise convergence and divergence properties of wavelet series: Depending on the sequence space which the wavelet coefficients sequence belongs to, we obtain deterministic upper…

Functional Analysis · Mathematics 2017-01-12 Céline Esser , Stéphane Jaffard

Most time series observed in practice exhibit time-varying trend (first-order) and autocovariance (second-order) behaviour. Differencing is a commonly-used technique to remove the trend in such series, in order to estimate the time-varying…

Methodology · Statistics 2022-09-07 Euan T. McGonigle , Rebecca Killick , Matthew A. Nunes

The analysis of multivariate time series data is challenging due to the various frequencies of signal changes that can occur over both short and long terms. Furthermore, standard deep learning models are often unsuitable for such datasets,…

Machine Learning · Computer Science 2023-06-21 Iman Deznabi , Madalina Fiterau

B. Mandelbrot gave a new birth to the notions of scale invariance, selfsimilarity and non-integer dimensions, gathering them as the founding corner-stones used to build up fractal geometry. The first purpose of the present contribution is…

Functional Analysis · Mathematics 2015-05-27 Patrice Abry , Stéphane Jaffard , Herwig Wendt

We develop a method for the multifractal characterization of nonstationary time series, which is based on a generalization of the detrended fluctuation analysis (DFA). We relate our multifractal DFA method to the standard partition…

Data Analysis, Statistics and Probability · Physics 2009-11-07 Jan W. Kantelhardt , Stephan A. Zschiegner , Eva Koscielny-Bunde , Armin Bunde , Shlomo Havlin , H. Eugene Stanley

Multifractal time series analysis is a approach that shows the possible complexity of the system. Nowadays, one of the most popular and the best methods for determining multifractal characteristics is Multifractal Detrended Fluctuation…

Statistical Finance · Quantitative Finance 2015-10-20 Rafal Rak , Pawel Zięba

An algorithm is presented to update the multi-fractal spectrum of a time series in constant time when new data arrives. The discrete wavelet transform (DWT) of the time series is first updated for the new data value. This is done optimally…

Chaotic Dynamics · Physics 2007-05-23 Nicolas Brodu

We apply a recently developed wavelet based approach to characterize the correlation and scaling properties of non-stationary financial time series. This approach is local in nature and it makes use of wavelets from the Daubechies family…

Chaotic Dynamics · Physics 2008-12-02 P. Manimaran , Prasanta K. Panigrahi , Jitendra. C. Parikh

Wavelet Transforms are a widely used technique for decomposing a signal into coefficient vectors that correspond to distinct frequency/scale bands while retaining time localization. This property enables an adaptive analysis of signals at…

Applications · Statistics 2025-11-05 Jack Kissell , Vijini Lakmini , Brani Vidakovic

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

This paper presents a global air and sea temperature anomalies analysis based upon a combination of the wavelet multiresolution analysis and the scaling analysis methods of a time series. The wavelet multiresolution analysis decomposes the…

Statistical Mechanics · Physics 2007-05-23 Nicola Scafetta , Tim Imholt , Paolo Grigolini , Jim Roberts

In this paper, we have carried out the detail studies of pre-cancer by wavelet coherency and multifractal based detrended fluctuation analysis (MFDFA) on differential interference contrast (DIC) images of stromal region among different…

Computer Vision and Pattern Recognition · Computer Science 2015-03-24 Sabyasachi Mukhopadhyay , Nandan K. Das , Soham Mandal , Sawon Pratiher , Asish Mitra , Asima Pradhan , Nirmalya Ghosh , Prasanta K. Panigrahi
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