Power Law Analysis of Financial Index Dynamics

<table>Average and standard deviation value for parameter <svg height="12.4375" id="M148" style="vertical-align:-0.1638pt" version="1.1" viewbox="0 0 8.1000004 12.4375" width="8.1000004" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink">
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q-31 0 -93.5 -49t-107.5 -110q-12 -37 -17 -70q-9 -65 12 -96.5t59 -31.5q31 0 56 14q53 29 89.5 105t36.5 162z" id="x1D44F"></path></g>
</svg> versus <svg height="7.9499998" id="M149" style="vertical-align:-0.1638pt" version="1.1" viewbox="0 0 7.0999999 7.9499998" width="7.0999999" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink">
<g transform="matrix(.017,0,0,-.017,.062,7.675)"><path d="M387 375q0 -16 -17 -31t-29 -15q-9 0 -12 13q-13 74 -80 74q-36 0 -61 -24.5t-25 -56.5t24 -51.5t68 -19.5q33 0 47 2l2 -7l-32 -42q-20 2 -54 2q-45 0 -74 -21.5t-29 -60.5q0 -41 28 -65.5t73 -24.5q78 0 145 67l17 -23q-33 -47 -84.5 -75t-111.5 -28q-70 0 -114.5 35.5
t-44.5 92.5q0 46 38 78t95 45v2q-35 10 -54.5 33t-19.5 52q0 55 53 88.5t122 33.5q67 0 98.5 -23.5t31.5 -49.5z" id="x1D700"></path></g>
</svg>, for the Dow Jones (a) and Nikkei (b) indices.</table>

Discrete Dynamics in Nature and Society

Power Law Analysis of Financial Index Dynamics

Figure 7