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A network-based approach to study returns synchronization of stocks: The case of global equity markets
(Hindawi, 2021-11-09)
The synchronization in financial markets has increased during the rise of global markets. Nevertheless, global shocks provoke high levels of returns synchronization that jeopardize market stability. Using correlation-based ...
Equity market description under high and low volatility regimes using maximum entropy pairwise distribution
(MDPI, 2021-10-21)
The financial market is a complex system in which the assets influence each other, causing, among other factors, price interactions and co-movement of returns. Using the Maximum Entropy Principle approach, we analyze the ...