Brée, David S.; Challet, Damien; Peirano, Pier Paolo - In: Quantitative Finance 13 (2013) 2, pp. 275-280
We show that log-periodic power-law (LPPL) functions are intrinsically very hard to fit to time series. This comes from their sloppiness, the squared residuals depending very much on some combinations of parameters and very little on other ones. The time of singularity that is supposed to give...