Dynamical Variety of Shapes in Financial Multifractality

<div>Two upper panels: daily returns for the S&amp;P500 and for the NASDAQ over the period January 03, 1950–December 29, 2016. The bottom panel: the corresponding detrended variance for the S&amp;P500 (red line) and for the NASDAQ (black line).</div>

Complexity

fig6

Figure 6

Figure 6: Dynamical Variety of Shapes in Financial Multifractality 