Segment Stock Market, Foreign Investors, and Cross-Correlation: Evidence from MF-DCCA and Spillover Index

<div>MF-DCCA analysis of AHA, AHH, and the other ten pairs for the preperiod. (a) Generalized Hurst exponent as a function of (<i>q</i>). (b) Multifractal exponent as a function of (<i>q</i>). (c) Singularity spectrums.</div>

Complexity

fig3

Figure 3

Figure 3: Segment Stock Market, Foreign Investors, and Cross-Correlation: Evidence from MF-DCCA and Spillover Index 