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Bibliographic Details
Main Authors: Martínez-Ramos, M. Mijaíl, Vyas, Manan, Majai, Parisa, Seligman, Thomas H.
Format: Preprint
Published: 2023
Subjects:
Online Access:https://arxiv.org/abs/2308.14830
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Table of Contents:
  • Analyzing market states of the S&P 500 components on a time horizon January 3, 2006 to August 10, 2023, we found the appearance of a new market state not previously seen and we shall discuss its possible implications as an isolated state or as a beginning of a new general market condition. We study this in terms of the Pearson correlation matrix and relative correlation with respect to the S&P 500 index. In both cases the anomaly shows strongly.