Elliott Wave Principle and the Corresponding Fractional Brownian Motion in Stock Markets: Evidence From Nikkei 225 Index

Ilalan, Deniz01. Çankaya Üniversitesi03.01. Bankacılık ve Finans03. İktisadi ve İdari Birimler Fakültesi2020-04-202025-09-182020-04-202025-09-182016Ilalan, Deniz, "Elliott wave principle and the corresponding fractional Brownian motion in stock markets: Evidence from Nikkei 225 index", Chaos Solitons & Fractals, Vol. 92, pp. 137-141, (2016).0960-07791873-2887https://doi.org/10.1016/j.chaos.2016.09.018https://hdl.handle.net/20.500.12416/13188Ilalan, Deniz/0000-0002-0905-2304This paper examines one of the vital technical analysis indicators known as the Elliott wave principle. Since these waves have a fractal nature with patterns that are not exact, we first determine the dimension of them. Our second aim is to find a linkage between Elliott wave principle and fractional Brownian motion via comparing their Hausdorff dimensions. Thirdly, we consider the Nikkei 225 index during Japan asset price bubble, which is a perfect example of an Elliott wave. (C) 2016 Elsevier Ltd. All rights reserved.eninfo:eu-repo/semantics/closedAccessElliott WaveHausdorff DimensionFractional Brownian MotionElliott Wave Principle and the Corresponding Fractional Brownian Motion in Stock Markets: Evidence From Nikkei 225 IndexElliott wave principle and the corresponding fractional Brownian motion in stock markets: Evidence from Nikkei 225 indexArticle10.1016/j.chaos.2016.09.0182-s2.0-84992524339