Market state transitions and crash early warning in the Chinese stock market

Understanding systemic risk in financial markets requires tools that capture both structural complexity and dynamic evolution. This study adopts a complex systems perspective to analyze the Chinese stock market through correlation-based state classification. Using multidimensional scaling and K-mean...

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Bibliographic Details
Main Authors: Wu-Yue Pang, Li Lin
Format: Article
Language:English
Published: Frontiers Media S.A. 2025-08-01
Series:Frontiers in Physics
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fphy.2025.1647667/full
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