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    Université de Fribourg

    Predicting financial extremes based on weighted visual graph of major stock indices

    Chen, Dong-Rui ; Liu, Chuang ; Zhang, Yi-Cheng ; Zhang, Zi-Ke

    In: Complexity, 2019, vol. 2019, p. 1–17

    Understanding and predicting extreme turning points in the financial market, such as financial bubbles and crashes, has attracted much attention in recent years. Experimental observations of the superexponential increase of prices before crashes indicate the predictability of financial extremes. In this study, we aim to forecast extreme events in the stock market using 19-year time-series...