EconPapers    
Economics at your fingertips  
 

DYNAMICS AND STRUCTURE OF THE MAIN ITALIAN COMPANIES

Juan Brida () and Wiston Adrian Risso ()
Additional contact information
Wiston Adrian Risso: Department of Economics, University of Siena, Siena, Italy

International Journal of Modern Physics C (IJMPC), 2007, vol. 18, issue 11, 1783-1793

Abstract: Financial markets can be modeled as complex systems. The Hugh quantity and different information affecting these markets is a remarked characteristic. However some of this information can be recovered by constructing a topology of the market. We develop a symbolic method in order to study relationships in the financial markets by constructing a minimal spanning tree (MST) and a hierarchical tree (HT). The method is successfully applied to the Italian financial market, detecting clusters with economic sense. This classification is helpful in portfolio construction and studying industrial networks.

Keywords: Symbolic time series analysis; cluster analysis; financial asset returns; 11.25.Hf; 123.1K (search for similar items in EconPapers)
Date: 2007
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0129183107011741
Access to full text is restricted to subscribers.

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:wsi:ijmpcx:v:18:y:2007:i:11:n:s0129183107011741

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0129183107011741

Access Statistics for this article

International Journal of Modern Physics C (IJMPC) is currently edited by H. J. Herrmann

More articles in International Journal of Modern Physics C (IJMPC) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().

 
Page updated 2020-03-29
Handle: RePEc:wsi:ijmpcx:v:18:y:2007:i:11:n:s0129183107011741