TY - JOUR
T1 - The Complexity of Latin-American Stock Market using a Behavioral Cellular Automaton Model
AU - Talero Sarmiento, Leonardo Hernan
AU - Duarte Duarte, Juan Benjamin
AU - Sierra Suárez, Katherine Julieth
PY - 2017/6/20
Y1 - 2017/6/20
N2 - The aim of this research is to evaluate the complexity level of Latin-American stock market using a cellular automaton model. For this purpose six indexes are studied: COLCAP, IPSA, MERVAL, MEXBOL, SPBLPGPT and IBOV respectively, during the period 2004 and 2016. The series are analyzed from their statistical behavior, adjustment of returns and estimation of its complexity. The last one is contrasted with the complexity level obtained simulating an artificial stock market model. Concluding that although Latin-American stock markets present differences they have similar tendencies and their complexity level cannot be predicted by a purely behavioral cellular automaton model.
AB - The aim of this research is to evaluate the complexity level of Latin-American stock market using a cellular automaton model. For this purpose six indexes are studied: COLCAP, IPSA, MERVAL, MEXBOL, SPBLPGPT and IBOV respectively, during the period 2004 and 2016. The series are analyzed from their statistical behavior, adjustment of returns and estimation of its complexity. The last one is contrasted with the complexity level obtained simulating an artificial stock market model. Concluding that although Latin-American stock markets present differences they have similar tendencies and their complexity level cannot be predicted by a purely behavioral cellular automaton model.
UR - https://revistas.uptc.edu.co/revistas/index.php/cenes/article/view/5421
U2 - 10.19053/01203053.v36.n64.2017.5421
DO - 10.19053/01203053.v36.n64.2017.5421
M3 - Artículo Científico
SN - 2256-5779
VL - 36
SP - 199
JO - Apuntes del CENES
JF - Apuntes del CENES
IS - 64
ER -