Fuzzy Cluster Analysis and Its Application on International Stock Prices

@article{Motegi2012FuzzyCA,
  title={Fuzzy Cluster Analysis and Its Application on International Stock Prices},
  author={Kaiji Motegi and Kimiaki Shinkai and Hiroaki Uesu and Shuya Kanagawa and Hsunhsun Chung and Kenichi Nagashima},
  journal={2012 Third International Conference on Innovations in Bio-Inspired Computing and Applications},
  year={2012},
  pages={34-38}
}
This paper applies fuzzy cluster analysis to investigate co movement of Asian and U.S. stock prices from the viewpoints of both region and industry. Specifically, we analyze daily stock price data of Chinese, Indian, Japanese, South Korean, and U.S. firms from 2005 through 2011. The past literature has never used daily data because of non-synchronous trading times and holidays, but we resolve this problem by analyzing American depositary receipts traded in the New York Stock Exchange instead of… CONTINUE READING