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• W1969607816 abstract "We present a relatively detailed analysis of the persistence probability distributions in financial dynamics. Compared with the auto-correlation function, the persistence probability distributions describe dynamic correlations non-local in time. Universal and non-universal behaviors of the German DAX and Shanghai Index are analyzed, and numerical simulations of some microscopic models are also performed. Around the fixed point $z_0=0$, the interacting herding model produces the scaling behavior of the real markets." @default.
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• W1969607816 date "2005-05-01" @default.
• W1969607816 modified "2023-10-02" @default.
• W1969607816 title "Persistence probabilities of the German DAX and Shanghai Index" @default.
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• W1969607816 doi "https://doi.org/10.1016/j.physa.2004.11.054" @default.
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