Level Crossing Analysis of the Stock Markets
英文摘要：
We investigate the average frequency of positive slope $ν_α^{+}$, crossing for the returns of market prices. The method is based on stochastic processes which no scaling feature is explicitly required. Using this method we define new quantity to quantify stage of development and activity of stocks exchange. We compare the Tehran and western stock markets and show that some stocks such as Tehran (TEPIX) and New Zealand (NZX) stocks exchange are emerge, and also TEPIX is a non-active market and financially motivated to absorb capital.
机构、总结、中文摘要均由AI分析而来，可能存在错误，请以论文正文为准。
