Market shape formation, statistical equilibrium and neutral evolution theory
Mathematical Finance
2015-06-24 v1
Abstract
Mathematical methods of population genetics and framework of exchangeability provide a Markov chain model for analysis and interpretation of stochastic behaviour of equity markets, explaining, in particular, market shape formation, statistical equilibrium and temporal stability of market weights.
Keywords
Cite
@article{arxiv.1506.07163,
title = {Market shape formation, statistical equilibrium and neutral evolution theory},
author = {Sergey Sosnovskiy},
journal= {arXiv preprint arXiv:1506.07163},
year = {2015}
}