Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7383053 | Physica A: Statistical Mechanics and its Applications | 2011 | 12 Pages |
Abstract
⺠We test the power law hypothesis for several German stocks. ⺠Maximum likelihood estimation and the Kolmogorov-Smirnov statistic are used. ⺠The existence of universality and scale invariance properties is verified. ⺠We do not find strong evidence in favor of the power law hypothesis. ⺠We find that the tails of the sample distributions decay exponentially.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
Lora Todorova, Bodo Vogt,