Multifractal Financial Markets: An Alternative Approach to Asset and Risk Management (SpringerBriefs in Finance Book 4)

Multifractal Financial Markets ​explores appropriate models for estimating risk and profiting from market swings, allowing readers to develop enhanced portfolio management skills and strategies. Fractals in finance allow us to understand market instability and persistence. When applied to financial markets, these models produce the requisite amount of data necessary for gauging market risk in order to mitigate loss. This brief delves deep into the multifractal market approach to portfolio management through real-world examples and case studies, providing readers with the tools they need to forecast profound shifts in market activity. Annotation Multifractal Financial Marketsexplores appropriate models for estimating riskand profiting from market swings, allowing readers to develop enhanced portfolio management skillsand strategies. Fractals in finance allow us to understand market instability and persistence. When applied to financial markets, these models produce the requisite amount of data necessaryfor gaugingmarket risk in order to mitigate loss. This brief delves deep into the multifractal market approach to portfolio managementthrough real-worldexamples and case studies, providing readers with the toolsthey needto forecastprofound shifts in market activity Front Matter....Pages i-xviii Turbulence in the Financial Markets....Pages 1-15 The “Noisy Chaos” Hypothesis....Pages 17-32 The Mind Process....Pages 33-55 Macrostates Indicators....Pages 57-67 Trading Multifractal Markets....Pages 69-91 The Latest “Normal”....Pages 93-107 Back Matter....Pages 109-128