Identifying Critical Financial Networks of the DJIA: Toward a Network-Based Index

Frank Emmert-Streib, M. Dehmer

Research output: Contribution to journalArticlepeer-review

24 Citations (Scopus)

Abstract

The purpose of this article is twofold. First, we introduce a novel definition of financial networks obtained from time series data from the stock market. Second, we demonstrate that these networks can be used as an index with the property to reflect critical states of the market, respectively, crashes sufficiently. Our work aims to advocate a network-based analysis in the context of the stock market, because such a collective phenomenon can not only be economically described by networks but also analyzed as demonstrated in this article. (C) 2010 Wiley Periodicals, Inc. Complexity 16: 24-33, 2010
Original languageEnglish
Pages (from-to)24-33
Number of pages10
JournalComplexity
Volume16
Issue number1
DOIs
Publication statusPublished - Sep 2010

ASJC Scopus subject areas

  • General

Fingerprint Dive into the research topics of 'Identifying Critical Financial Networks of the DJIA: Toward a Network-Based Index'. Together they form a unique fingerprint.

Cite this