Automation and Remote Control

, Volume 62, Issue 4, pp 607–616 | Cite as

Multifractality and Self-Adjustment of the Attraction Channel of Stock Market

  • V. G. Kleparskii


For different evolutionary stages of the stock market, the fractal dimensionality of the attraction zone was estimated for the short-term and medium-term dynamic structures using by way of example the cost of the futures contract by the Standard and Poors 500 stock index. Adaptation of the stock market to a new environment was shown to be realized through reducing the fractal dimensionality, that is, chaoticity of motion, of the short-term dynamic structures. Minimization of the fractal dimensionality with the increase of the efficient existence of the dynamic component substructures was shown to be the prerequisite for stability of the multifractal dynamic system of the stock market.


Dynamic System Mechanical Engineer System Theory Stock Market Evolutionary Stage 
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Copyright information

© MAIK “Nauka/Interperiodica” 2001

Authors and Affiliations

  • V. G. Kleparskii
    • 1
  1. 1.Trapeznikov Institute of Control SciencesRussian Academy of SciencesMoscowRussia

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