{"id":"https://openalex.org/W2023788811","doi":"https://doi.org/10.1108/03684921211276710","title":"Multifractal features of metal futures market based on multifractal detrended cross\u2010correlation analysis","display_name":"Multifractal features of metal futures market based on multifractal detrended cross\u2010correlation analysis","publication_year":2012,"publication_date":"2012-10-12","ids":{"openalex":"https://openalex.org/W2023788811","doi":"https://doi.org/10.1108/03684921211276710","mag":"2023788811"},"language":"en","primary_location":{"id":"doi:10.1108/03684921211276710","is_oa":false,"landing_page_url":"https://doi.org/10.1108/03684921211276710","pdf_url":null,"source":{"id":"https://openalex.org/S168682784","display_name":"Kybernetes","issn_l":"0368-492X","issn":["0368-492X","1758-7883"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Kybernetes","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5101546178","display_name":"Yaoqi Guo","orcid":"https://orcid.org/0000-0002-5945-9452"},"institutions":[{"id":"https://openalex.org/I139660479","display_name":"Central South University","ror":"https://ror.org/00f1zfq44","country_code":"CN","type":"education","lineage":["https://openalex.org/I139660479"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yaoqi Guo","raw_affiliation_strings":["Department of Business, Central South University, Changsha, China","(Department of Business, Central South University, Changsha, China)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Business, Central South University, Changsha, China","institution_ids":["https://openalex.org/I139660479"]},{"raw_affiliation_string":"(Department of Business, Central South University, Changsha, China)","institution_ids":["https://openalex.org/I139660479"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5019760481","display_name":"Jianbo Huang","orcid":"https://orcid.org/0000-0002-9250-3742"},"institutions":[{"id":"https://openalex.org/I139660479","display_name":"Central South University","ror":"https://ror.org/00f1zfq44","country_code":"CN","type":"education","lineage":["https://openalex.org/I139660479"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Jianbo Huang","raw_affiliation_strings":["Department of Business, Central South University, Changsha, China","(Department of Business, Central South University, Changsha, China)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Business, Central South University, Changsha, China","institution_ids":["https://openalex.org/I139660479"]},{"raw_affiliation_string":"(Department of Business, Central South University, Changsha, China)","institution_ids":["https://openalex.org/I139660479"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5056971854","display_name":"Hui Cheng","orcid":"https://orcid.org/0000-0003-3019-4515"},"institutions":[{"id":"https://openalex.org/I139660479","display_name":"Central South University","ror":"https://ror.org/00f1zfq44","country_code":"CN","type":"education","lineage":["https://openalex.org/I139660479"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Hui Cheng","raw_affiliation_strings":["Department of Business, Central South University, Changsha, China","(Department of Business, Central South University, Changsha, China)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Business, Central South University, Changsha, China","institution_ids":["https://openalex.org/I139660479"]},{"raw_affiliation_string":"(Department of Business, Central South University, Changsha, China)","institution_ids":["https://openalex.org/I139660479"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I139660479"],"apc_list":null,"apc_paid":null,"fwci":5.2205,"has_fulltext":false,"cited_by_count":18,"citation_normalized_percentile":{"value":0.95494112,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"41","issue":"10","first_page":"1509","last_page":"1525"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9800000190734863,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.9599999785423279,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/multifractal-system","display_name":"Multifractal system","score":0.9094128012657166},{"id":"https://openalex.org/keywords/futures-contract","display_name":"Futures contract","score":0.7583154439926147},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.6256871819496155},{"id":"https://openalex.org/keywords/detrended-fluctuation-analysis","display_name":"Detrended fluctuation analysis","score":0.5377815365791321},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.4258754849433899},{"id":"https://openalex.org/keywords/distance-correlation","display_name":"Distance correlation","score":0.42104077339172363},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.40846893191337585},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.32226014137268066},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.28094029426574707},{"id":"https://openalex.org/keywords/fractal","display_name":"Fractal","score":0.13818326592445374},{"id":"https://openalex.org/keywords/random-variable","display_name":"Random variable","score":0.11952278017997742},{"id":"https://openalex.org/keywords/scaling","display_name":"Scaling","score":0.0924186110496521},{"id":"https://openalex.org/keywords/mathematical-analysis","display_name":"Mathematical analysis","score":0.06687149405479431}],"concepts":[{"id":"https://openalex.org/C133905733","wikidata":"https://www.wikidata.org/wiki/Q2629238","display_name":"Multifractal system","level":3,"score":0.9094128012657166},{"id":"https://openalex.org/C106306483","wikidata":"https://www.wikidata.org/wiki/Q183984","display_name":"Futures contract","level":2,"score":0.7583154439926147},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.6256871819496155},{"id":"https://openalex.org/C21689155","wikidata":"https://www.wikidata.org/wiki/Q2451452","display_name":"Detrended fluctuation analysis","level":3,"score":0.5377815365791321},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4258754849433899},{"id":"https://openalex.org/C121694360","wikidata":"https://www.wikidata.org/wiki/Q5282862","display_name":"Distance correlation","level":3,"score":0.42104077339172363},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.40846893191337585},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.32226014137268066},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.28094029426574707},{"id":"https://openalex.org/C40636538","wikidata":"https://www.wikidata.org/wiki/Q81392","display_name":"Fractal","level":2,"score":0.13818326592445374},{"id":"https://openalex.org/C122123141","wikidata":"https://www.wikidata.org/wiki/Q176623","display_name":"Random variable","level":2,"score":0.11952278017997742},{"id":"https://openalex.org/C99844830","wikidata":"https://www.wikidata.org/wiki/Q102441924","display_name":"Scaling","level":2,"score":0.0924186110496521},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.06687149405479431},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1108/03684921211276710","is_oa":false,"landing_page_url":"https://doi.org/10.1108/03684921211276710","pdf_url":null,"source":{"id":"https://openalex.org/S168682784","display_name":"Kybernetes","issn_l":"0368-492X","issn":["0368-492X","1758-7883"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Kybernetes","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":29,"referenced_works":["https://openalex.org/W1552362148","https://openalex.org/W1589318819","https://openalex.org/W1598847143","https://openalex.org/W1964430916","https://openalex.org/W1981226562","https://openalex.org/W1983889844","https://openalex.org/W2008459530","https://openalex.org/W2009629147","https://openalex.org/W2012962594","https://openalex.org/W2015390758","https://openalex.org/W2017757988","https://openalex.org/W2020906088","https://openalex.org/W2032565907","https://openalex.org/W2036653664","https://openalex.org/W2047514451","https://openalex.org/W2051029098","https://openalex.org/W2052659370","https://openalex.org/W2069523214","https://openalex.org/W2071602085","https://openalex.org/W2078206416","https://openalex.org/W2087829439","https://openalex.org/W2089409887","https://openalex.org/W2114727720","https://openalex.org/W2116807840","https://openalex.org/W2117141987","https://openalex.org/W2118880356","https://openalex.org/W2124357853","https://openalex.org/W3122104699","https://openalex.org/W3125245993"],"related_works":["https://openalex.org/W2210146131","https://openalex.org/W2392904928","https://openalex.org/W2273243534","https://openalex.org/W3094495925","https://openalex.org/W4295197011","https://openalex.org/W3179087100","https://openalex.org/W2810142696","https://openalex.org/W2360562364","https://openalex.org/W2944197469","https://openalex.org/W2357182078"],"abstract_inverted_index":{"Purpose":[0],"Recently,":[1],"many":[2],"scholars":[3],"have":[4],"been":[5],"paying":[6],"more":[7,165,167],"attention":[8],"to":[9,43,61,73,104,194],"studying":[10,22],"the":[11,32,119,139,143,169,196],"existence":[12,144],"and":[13,30,59,68,129,134,153,166,200],"application":[14],"of":[15,25,38,51,89,108,145],"multifractality.":[16,146],"However,":[17],"most":[18],"researches":[19],"concentrate":[20],"on":[21,48],"multifractal":[23,49,90,106,128],"features":[24,50,107],"returns":[26],"or":[27],"volume":[28],"separately,":[29],"ignore":[31],"correlation":[33,53,121,133],"between":[34],"them.":[35],"The":[36,181,189],"purpose":[37],"this":[39],"paper,":[40],"therefore,":[41],"is":[42,97,127,151,155,163,171],"give":[44],"an":[45,84],"empirical":[46,85],"test":[47,86],"price\u2010volume":[52,120,205],"in":[54,71,101,122,175,204],"China":[55,123,159],"metal":[56,124,160,178],"futures":[57,77,125,161,179,182],"market":[58,78,126,162,183],"then":[60],"conduct":[62],"a":[63,98,148],"comparative":[64,149],"analysis":[65,93,150],"from":[66],"time":[67,112],"space":[69],"dimensions,":[70],"order":[72],"better":[74],"understand":[75,195],"metals":[76],"behavior.":[79],"Design/methodology/approach":[80],"This":[81],"paper":[82],"gives":[83],"by":[87],"means":[88],"detrended":[91],"cross\u2010correlation":[92],"(MF\u2010DCCA)":[94],"approach,":[95],"which":[96],"technique":[99],"employed":[100],"statistical":[102],"physics":[103],"detect":[105],"two":[109],"cross\u2010correlated":[110],"nonstationary":[111],"series.":[113],"Findings":[114],"Empirical":[115],"results":[116],"show":[117],"that":[118,130,157,174],"long":[131],"range":[132],"non\u2010Gaussian":[135],"probability":[136],"distribution":[137],"are":[138],"main":[140],"reasons":[141],"for":[142],"Also,":[147],"conducted":[152],"it":[154],"found":[156],"although":[158],"becoming":[164],"effective,":[168],"effectiveness":[170],"lower":[172],"than":[173],"mature":[176],"LME":[177],"markets.":[180],"still":[184],"needs":[185],"further":[186],"development.":[187],"Originality/value":[188],"paper's":[190],"conclusions":[191],"would":[192],"help":[193],"nonlinear":[197],"dependency":[198],"relationship":[199],"potential":[201],"dynamics":[202],"mechanism":[203],"correlation.":[206]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":3},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":4},{"year":2013,"cited_by_count":1}],"updated_date":"2026-05-21T06:26:12.895304","created_date":"2025-10-10T00:00:00"}
