Research Article
Segment Stock Market, Foreign Investors, and Cross-Correlation: Evidence from MF-DCCA and Spillover Index
Table 2
Multifractal degree
based on the MF-DCCA.
| | USA | UK | FRA | GER | TAI | JAN | KOR | THA | SIN | AUS |
| Preperiod | | 0.0604 | 0.1024 | 0.0918 | 0.1054 | 0.1188 | 0.1337 | 0.1013 | 0.1083 | 0.1068 | 0.0711 | | 0.1517 | 0.2018 | 0.2051 | 0.1753 | 0.1966 | 0.2136 | 0.1551 | 0.2240 | 0.2169 | 0.2183 |
| Postperiod | | 0.2124 | 0.2153 | 0.1460 | 0.1189 | 0.1356 | 0.2197 | 0.1304 | 0.2077 | 0.1133 | 0.0850 | | 0.1862 | 0.1251 | 0.1016 | 0.1181 | 0.1538 | 0.1253 | 0.1873 | 0.1221 | 0.0821 | 0.0573 |
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