[工程科技]Stock Market Scale by Artificial Insymmetrised Patterns.pdfVIP

Stock Market Scale by Artificial Insymmetrised 2 Patterns 0 0 2 l u J D. Makowiec 9 ] h Institute of Theoretical Physics and Astrophysics, Gda´nsk University, 80-952 Gda´nsk, c ul.Wita Stwosza 57, Poland, fizdm@univ.gda.pl e m - Abstract t a Large and stable indices of the world wide stock markets such as NYSE and SP500 t s t. together with NASDAQ – the index representing markets of new trends, and WIG a m – the index of the local stock market of Eastern Europe, are considered. Due to - the relation between artificial insymmetrised patterns (AIP) and time series, sta- d n tionary and temporary properties of stock market indices are identified. By filtering o c extreme events it is found that fluctuations are self-similar. Snap-shots in time lead [ to estimates for a temporary state of a market with respect to its history. It appears 1 v that close to a crash the AIP representation of a system becomes frozen. 7 2 2 Keywords: econophysics, empirical study, visualization of data 7 0 2 PACS code : 05.40-a 89.90+n 0 / t a m 1 Introduction - d n o c It is not disputed that developing ways to measure the state of fi- : v i nancial market accurately is essential, see, e.g., [1]. The purpose X r a of this paper is to show how using a simple graphical tool we can estimate a state of an asset. The basic idea comes from the use of visual displays. An Artificial Insymmetrised Pattern, AIP in short, was introduced by Pickover in 1986 [2] to describe hu- man voice and animal vocalization. The method, called also Sym- 1 metrised Dot Patterns, takes advantage of t