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A Decadal Analysis of the Lead-Lag Effect in the NYSE

2023/12/11 by Sheth, Aarush Pratik, Weinbaum, Jonah Riley, Zvonarek, Kevin Javier
#FOS: Economics and business #Statistical Finance (q-fin.ST)

paper · doi:10.48550/arxiv.2312.10084

Abstract

As is widely known, the stock market is a complex system in which a multitude of factors influence the performance of individual stocks and the market as a whole. One method for comprehending -- and potentially predicting -- stock market behavior is through network analysis, which can offer insights into the relationships between stocks and the overall market structure. In this paper, we seek to address the question: Can network analysis of the stock market, specifically in observation of the lead-lag effect, provide valuable insights for investors and market analysts?

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