Elliott wave principle and the corresponding fractional Brownian motion in stock markets: Evidence from Nikkei 225 index

İlalan, Deniz2020-04-202020-04-202016Ilalan, 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).0960-07791873-2887http://hdl.handle.net/20.500.12416/3390This 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 IndexArticle9213714110.1016/j.chaos.2016.09.018