Time series of financial market prices appear to exhibit fractal properties
The dynamic of financial market prices might be caused by the interactions of agents with different investment horizons and differing interpretations of information, a Bank of England research paper suggests.
According to The Fractal Market Hypothesis and its implications for the stability of financial markets by Nicola Anderson and Joseph Noss, this structure "appears to be associated with a special sort of stability that can be disrupted, causing prices to crash, if the normal interaction of
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