Search arXivSearch

arXiv · physics/0201006

Signatures of Quantum-like Chaos in Dow Jones Index and Turbulent Fluid Flows

Abstract

Dow Jones Index time series exhibit irregular or fractal fluctuations on all time scales from days, months to years. The nonlinear fluctuations are selfsimilar as exhibited in inverse power law form for power spectra of temporal fluctuations. Inverse power law form for power spectra of fractal fluctuations is generic to all dynamical systems in nature and is identified as self-organized criticality.The author has developed a general systems theory for universal quantification of the observed self-organized criticality in dynamical systems. The model predicts that the power spectra of fractal fluctuations follow the universal and unique inverse power law form of the statistical normal distribution and is identified as a signature of quantum-like chaos. Continuous periodogram power spectral analyses of normalised daily, monthly and annual Dow Jones Index for the past 100-years show that the power spectra follow the universal inverse power law form of the statistical normal distribution in agreement with model prediction. Dow Jones Index therefore exhibits self-organized criticality which is a signature of quantum-like chaos on all time scales from days to years. All the data sets exhibit periodicities close to model predicted values. The apparently noisy, irregular fractal fluctuations of the Dow Jones Index contribute to the formation of robust selfsimilar geometrical structures which indicate the surprising resilience of market economy over a period of 100 years.

Explore related subjects

Keep this discovery

Explore connections, maps & timelines

BibTeXRIS

A. M. Selvam. 2002-01-05. Signatures of Quantum-like Chaos in Dow Jones Index and Turbulent Fluid Flows. https://arxiv.org/abs/physics/0201006

Cite the original work for its findings. Save a collection to share your selection of sources.

KEEP EXPLORING

Related papers

Static Universe: Infinite, Eternal and Self-Sustainable

In this paper, we present a "stellar dynamics" model of an infinite Universe, where matter distribution follows an inverse proportionality squared relationship with respect to the distance from the rotation center of galaxy clusters and superclusters (which share a common rotation center). We assume the Universe has infinite similar centers in terms of structure and dynamic equilibrium. We consider stars in galaxies to be homogeneously distributed with spherical symmetry and average radius, and the same applies to galaxies in the Universe. We study the smoothed potential of this universe and examine the effect of gravity on starlight: by applying the equivalence principle, we derive a mathematical expression for Hubble's law and a formula for its redshift, potentially explaining this phenomenon as a gravitational effect. We also provide an approximate calculation of Cosmic Background Radiation (CBR), assuming this radiation is the light from all the universe's stars reaching us with an extreme redshift caused by gravity.

physics.gen-ph

One-dimensional Coulomb Problem in GUP Formalism

We investigate the one-dimensional Coulomb problem on the positive half-line for a fourth-order Schrödinger equation generated by a commonly used realization of the Generalized Uncertainty Principle (GUP). The problem is treated directly in position space by a higher-order Bethe--Ansatz construction, with the wave function represented as a polynomial multiplied by an exponential factor. The resulting residue conditions yield an analytic quantization condition and explicit polynomial solutions for the first three bound states. We identify the branch that is continuously connected to the ordinary Coulomb problem and show that its energies, decay constants, polynomial factors, and Bethe--Ansatz roots recover the ordinary half-line Coulomb results in the vanishing-deformation limit. On this Coulomb-connected branch, the deformation produces a lower admissibility bound on the principal quantum number, while arbitrarily high quantum numbers remain admissible. We also discuss the physical interpretation of the deformation strength: for ordinary microscopic systems, the weak-GUP regime is the conservative expectation in Planck-scale motivated models, whereas intermediate and strong regimes are primarily theoretical regimes in the present analysis. Since the differential equation is truncated at first order in the GUP parameter, quantitative predictions outside the weak-deformation regime should be interpreted with care.

physics.gen-ph

Could the Fundamental Laws of Nature be Inferred Mathematically from Only Few Axioms?

The answer is "Yes". As it has been shown in the Ref.[1] (22 Sep.2017, see also the comments), useing a new definite mathematical axiomatic-algebraic matrix approach, all the fundamental laws of nature could be derived uniquely (where the axiom of "no zero divisors" of the ring of integers has been generilzed and written in a new definite formulation, then basically assuming that all the physical quantities could only and only take the rational values). Based on this new mathematical approach along with the C, P and T symmetries of the derived field equations, it is concluded that the universe could be realized solely with the (2+1) and (3+1)-dimensional space-times. Moreover it is shown that the (3+1) dimensional cases of the directly determinated general covariant field equations (including two definite classes: a two indexes and a four indexes tensor fields), respectively, represent two new massive forms of the bispinor fields of spin-1and spin-2 particles; and the (2+1)-dimensional cases of the drived equations (including: a two indexes and a four indexes tensor fields), represent (asymptotically) two new massive forms of the bispinor fields of spin-3/2 and spin-1/2 particles, respectively. As a particular result, based on the formulation of the derived Electromagnetic Maxwell equations (representing by the bispinor fields of spin-1 particles, including new field equations - corresponding to the YangMills equations - compatible with two specified forms of the gauge symmetry groups), it has been concluded that magnetic monopoles could not exist in the nature to any extend. Furthermore, as the only elementary particles that could be existed in nature, along with the all discovered particles, eight new particles, including four charge-less right-handed spin-1/2 fermions (two leptons and two quarks), and a spin-3/2 fermion, and also three spin-1 massive bosons are also solely predicted.

physics.gen-ph