A Comparative Study of Financial Crises: Fractal Dissection of Investor Rationality (Record no. 133377)

MARC details
000 -LEADER
fixed length control field 01938nas a2200205Ia 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 240628c99999999xx |||||||||||| ||und||
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 0972-2629
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Vats, Anshul
9 (RLIN) 119141
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Agarwal, Sonali
9 (RLIN) 119142
245 #2 - TITLE STATEMENT
Title A Comparative Study of Financial Crises: Fractal Dissection of Investor Rationality
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. Vision: The Journal of Business Perspective
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2024
300 ## - PHYSICAL DESCRIPTION
Extent 193-209
520 ## - SUMMARY, ETC.
Abstract Any non-linear dynamic system can be checked for structural properties only at the time of extremes/crises. Hence, in this research article we tried to investigate stock markets for visible patterns or structures in the vicinity of crashes. We used fractal dimension analysis for studying the volatility of prices and presence of noise and patterns in the time series data of NIFTY, SENSEX and gold. We found change in market predictability of the various time series in the surrounding of crash points. There was measurable change in persistence levels around rupture points. It can be concluded that excessive order in stock markets can choke the markets which then witness crashes to relieve this symmetry and resume randomness for normal functioning. We supported the results with behavioural biases and patterns of investors. The repetitive trading psychology, different intensity of emotions of investors towards their gains and losses, and onset of irrationality and fear leads to worsening of any financial crisis. The crashes can have devastating effects on the economy and the investors. We there have tried to find visible patterns that can serve as warning signals of an approaching crisis. This can be of special assistance to the investors, traders and speculators who enjoy playing in the stock market.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Investments
9 (RLIN) 610
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element NIFTY
9 (RLIN) 119143
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element SENSEX
9 (RLIN) 119144
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Economics
9 (RLIN) 2
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://doi.org/10.1177/09722629211022518">https://doi.org/10.1177/09722629211022518</a>
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha biblionumber 133377
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Date acquired Serial Enumeration / chronology Total Checkouts Barcode Date last seen Price effective from Koha item type
        Dr VKRV Rao Library Dr VKRV Rao Library 28/06/2024 Vol. 28, No. 2   AI76 28/06/2024 28/06/2024 Article Index