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Digital Designs for Money, Markets, and Social Dilemmas pp 333–346Cite as

Possible Relationship of the Randomness and the Stock Performance

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Part of the Evolutionary Economics and Social Complexity Science book series (EESCS,volume 28)

Abstract

The RMT test, formulated by one of the authors as a tool for labeling big data by means of randomness, is applied on the real-data of price fluctuation recorded by each second in Tokyo market. It is suggested that a sudden deterioration of randomness level of the tickwise price fluctuation predicts a future decline of the market price, based on the example found in analyzing tick data of the TOPIX index.

Keywords

  • Big data
  • RMT test
  • Randomness
  • Price fluctuation
  • Prediction

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  • DOI: 10.1007/978-981-19-0937-5_14
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Author information

Authors and Affiliations

  1. Faculty of Interdisciplinary Mathematics, Meiji University, Tokyo, Japan

    Mieko Tanaka-Yamawaki & Yumihiko Ikura

Authors
  1. Mieko Tanaka-Yamawaki
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  2. Yumihiko Ikura
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Editor information

Editors and Affiliations

  1. Institute of Economic Research, Chuo University, Hachioji-shi, Japan

    Prof. Yuji Aruka

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Tanaka-Yamawaki, M., Ikura, Y. (2022). Possible Relationship of the Randomness and the Stock Performance. In: Aruka, Y. (eds) Digital Designs for Money, Markets, and Social Dilemmas. Evolutionary Economics and Social Complexity Science, vol 28. Springer, Singapore. https://doi.org/10.1007/978-981-19-0937-5_14

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