Renormalization Group Analysis of October Market Crashes

Preprint

30 October 1997

preprint
Published by arXiv in arXiv

Abstract

An approach is suggested for analyzing time series by means of the algebraic self-similar renormalization group. An analogy is established between the October 1929, October 1987, and October 1997 stock market crashes. It is shown that the suggested approach describes well all these crashes.

Keywords

RENORMALIZATION GROUP
SUGGESTED APPROACH
GROUP ANALYSIS
OCTOBER MARKET
MARKET CRASHES
STOCK MARKET
TIME SERIES
ALGEBRAIC

All Related Versions

Version 1, 1997-10-30, ArXiv
Version 2, 1998-04-22, ArXiv
Published version: Modern Physics Letters B, 12 (02n03), 75.

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