I happened to have a paper by mandelbrot a multifractal walk down wall street (attached) which could help to illuminate.
A Multifractal Walk Down Wall Street. Scientific american february 1999 copyright 1999 scientific american, inc. I happened to have a paper by mandelbrot a multifractal walk down wall street (attached) which could help to illuminate.
A RANDOM WALK DOWN WALL STREET SUMMARY (BY BURTON MALKIEL ... from i.ytimg.com
Now in this model a very strong assumption is made, that the brownian motion or fraction brownian motion is independent of trading time. Apparantly it has something to do with mandelbrot's fractal theory for stock markets. S down multivractal stack m1 to m4each chart diverges further from that model, exhibiting the sharp, spiky price jumps and the persistently large i claim that variations in financial prices can be accounted for by a model derived from my work in fractal geometry.
A multifractal walk down wall street.
Read about how we use cookies. @article{mandelbrot1999amw, title={a multifractal walk down wall street}, author={b. That's why i think you'll enjoy this random walk down wall street. • network traffic:95% rule of sla is reasonable?
