The Russia–Ukraine conflict and the amplitude of chaos in the prices of Natural Gas commodities

P.R.L. Alves

Chaos, Solitons & Fractals, 2024, vol. 179, issue C

Abstract: This work analyses the time evolution of the amplitude of chaos for the Historical Prices of the Title Transfer Facility (TTF) and the United States Natural Gas Fund (UNG) commodities, both before and during the Russia–Ukraine conflict. Methods include Phase Space Reconstruction in Four-dimensional Euclidean Spaces from time series and Spearman Correlation between chaos intensities, elapsed time and prices. At the start of the military actions, the intensity of chaos increases for both gas commodities, where TTF presents a peak with larger magnitudes than UNG. The geopolitical crisis marks the beginning of a correlation between the chaos of TTF and UNG prices beyond TTF and elapsed time.

Keywords: Russia–Ukraine conflict; Natural Gas; Chaotic time series (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0960077924000031
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:chsofr:v:179:y:2024:i:c:s0960077924000031

DOI: 10.1016/j.chaos.2024.114452

Access Statistics for this article

Chaos, Solitons & Fractals is currently edited by Stefano Boccaletti and Stelios Bekiros

More articles in Chaos, Solitons & Fractals from Elsevier
Bibliographic data for series maintained by Thayer, Thomas R. ().