Dynamics of World Indices as a Reflection of the Development World Financial Market

Lyashenko, V.; Bril, M.; Shapran, O.

Публікація:
Dynamics of World Indices as a Reflection of the Development World Financial Market

dc.contributor.author	Lyashenko, V.
dc.contributor.author	Bril, M.
dc.contributor.author	Shapran, O.
dc.date.accessioned	2021-10-31T08:08:09Z
dc.date.available	2021-10-31T08:08:09Z
dc.date.issued	2021
dc.description.abstract	Economic dynamics are closely interconnected with various segments of economic relations. A special role among such relationships is formed in the financial markets. This is due to the ability to attract the necessary financial resources or redistribute financial resources between various business entities. This can be achieved with the help of various groups of securities. Ea ch such group of securities is also characterized by some stock index. This index reflects the dynamics of securities prices. Consequently, the dynamics of stock indices is a reflection of the dynamics of the development of the financial market. To study the dynamics of stock indices, we use the ideology of wavelets. We have chosen wavelet coherence among the tools of the wavelet ideology. Wavelet coherence allows you to study the mutual dynamics of stock indices and draw the necessary conclusions. The paper examines the dynamics of the main world stock indices. The estimates of the wavelet coherence for the mutual dynamics of stock indices are shown. All results are based on real data. The conclusion is made about the expediency of using wavelet coherence for assessing the mutual dynamics of stock indices and assessing the development of the financial market.	uk_UA
dc.identifier.citation	Lyashenko V., Bril M., Shapran O. Dynamics of World Indices as a Reflection of the Development World Financial Market // International Journal of Academic Accounting, Finance & Management Research(IJAAFMR). – 2021. – Vol. 5(10). – pp. 30-35.	uk_UA
dc.identifier.issn	2643-976X
dc.identifier.uri	https://openarchive.nure.ua/handle/document/18023
dc.language.iso	en	uk_UA
dc.publisher	IJAAFMR	uk_UA
dc.subject	time series	uk_UA
dc.subject	wavelet coherence	uk_UA
dc.title	Dynamics of World Indices as a Reflection of the Development World Financial Market	uk_UA
dc.type	Article	uk_UA
dspace.entity.type	Publication