Tang, Lei-Han; Huang, Zhi-Feng - In: Physica A: Statistical Mechanics and its Applications 288 (2000) 1, pp. 444-450
The minute-by-minute move of the Hang Seng index (HSI) data over a 4-yr period is analysed and shown to possess similar statistical features as those of other markets. Based on a mathematical theorem (Pope, Ching, Phys. Fluids A 5 (1993) 1529), we derive an analytic form for the probability...