• Title of article

    Correlations and multi-affinity in high frequency financial datasets

  • Author/Authors

    Roberto Baviera، نويسنده , , Michele Pasquini، نويسنده , , Maurizio Serva، نويسنده , , Davide Vergni، نويسنده , , Angelo Vulpiani، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2001
  • Pages
    7
  • From page
    551
  • To page
    557
  • Abstract
    In this paper we perform a quantitative check of long term correlations and multi-affinity in Deutsche Mark/US Dollar exchange rates using high frequency data. We show that the use of business time, i.e., the ranking of the quotes in the sequences, eliminates most of the seasonality in financial-time series, allowing a precise estimation of some return anomalies.
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Serial Year
    2001
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Record number

    867406