The Multi-fractal Spectrum Model for the Measurement of Random Behaviour of Asset Price Returns
Bright O. Osu & Joy I. Adindu-Dick · Journal of Advances in Mathematics and Computer Science · 2014
To forecast the market risk, assessing the stock price indices is the foundation. Multi-fractal has lots of advantage when explaining the volatility of the stock prices. The asset price returns is a multi-period (multi-fractal dimension) market depending on market scenarios which...
Open access
Research Article
10.9734/BJMCS/2014/10971