| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 979630 | Physica A: Statistical Mechanics and its Applications | 2007 | 7 Pages |
Abstract
The power αα of the Lévy tails of stock market fluctuations discovered in recent years are generally believed to be universal. We show that for the Chinese stock market this is not true, the powers depending strongly on anomalous daily index changes short before market closure, and weakly on the opening data.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
J.W. Zhang, Y. Zhang, H. Kleinert,