Crosscorrelation Analysis between P2P Lending Market and Stock Market in China
Joint Authors
Wang, Bin
Ding, Zhonghui
Wang, Xiang
Shi, Kai
Source
Mathematical Problems in Engineering
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-9, 9 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-06-24
Country of Publication
Egypt
No. of Pages
9
Main Subjects
Abstract EN
We first use the Hurst index and the Vn statistic to study the respective characteristics of the P2P lending market and the stock market by rescaled range analysis.
In terms of fluctuations, there is an antipersistence in the P2P lending market and long-term persistence in the stock market.
Then, we studied the crosscorrelation between the daily logarithmic return series of P2P lending market and stock market and found that the crosscorrelation was multifractal and antipersistent.
American Psychological Association (APA)
Wang, Bin& Ding, Zhonghui& Wang, Xiang& Shi, Kai. 2020. Crosscorrelation Analysis between P2P Lending Market and Stock Market in China. Mathematical Problems in Engineering،Vol. 2020, no. 2020, pp.1-9.
https://search.emarefa.net/detail/BIM-1197646
Modern Language Association (MLA)
Wang, Bin…[et al.]. Crosscorrelation Analysis between P2P Lending Market and Stock Market in China. Mathematical Problems in Engineering No. 2020 (2020), pp.1-9.
https://search.emarefa.net/detail/BIM-1197646
American Medical Association (AMA)
Wang, Bin& Ding, Zhonghui& Wang, Xiang& Shi, Kai. Crosscorrelation Analysis between P2P Lending Market and Stock Market in China. Mathematical Problems in Engineering. 2020. Vol. 2020, no. 2020, pp.1-9.
https://search.emarefa.net/detail/BIM-1197646
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1197646
