Fractal analysis of stock exchange indices in Turkey

Bu çalışmanın amacı İstanbul Menkul Kıymetler Borsası endekslerindeki muhtemel fractaldavranışları araştırmaktır.Özellikle, kaotik ve fraktal davranışların kanıtlarıverilecek tir.Verilen endekslerin monofraktal davranışlarını analiz etmek için Higuchi ve Katzmetodlarını kullanacağız. Buna ek olarak,araştırılan endekslerin kaotik davranışlarınıincelemek amacıyla Dönüştürülmüş Genişlik (R/S) ve Arındırlmış Dalgalanma (DFA)Analizleri kullanılmıştır.

The purpose of this study is to investigate possible fractal behavior in Istanbul Stock Exchange(BIST) indices. In particular evidence of chaotic and fractal behavior will be presented. To beable to analyze monofra ctality of given indices we are going to use Higuchi and Katz methods.In addition to this, we analyze the chaotic behavior of the investigated indices using RescaledRange Analysis(R/S) and Detrended Fluctuation Analysis (DFA).

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