“In what appears to be a massively successful pump and dump scheme, cryptocurrency litecoin surged around 25% early Monday after a falsified news release said Walmart would begin accepting the payment for online purchases,” explains CNN Business. As of Tuesday, CNBC admits, “A number of media organizations, including CNBC, sent…

There may be a scientific explanation for the concepts of a hot or cold market. French mathematician Benoit Mandelbrot draws a connection between time and market volatility during the 1960s. In 2021, Spanish physicist Marcus Huber revealed that a clock is a thermal machine. Combine the two ideas and the…

“One cannot help but marvel that the movement of security prices, the motion of molecules, and the diffusion of heat could all be of the same mathematical species,” boasts French mathematician Benoit Mandelbrot. According to American physicist Mark Buchanan, it most likely is. …

The wind and waves of a storm are closely related to the turbulence of financial markets. Each being a combination of the initial conditions coupled with people’s fears and greed. A phenomenon described as the “abrupt change” and “almost-trends” by French Mathematician Benoit Mandelbrot. Meteorologist Edward Lorenz, the father of…

A financial time series includes a collective memory of the past with the current sentiment about the future. The data is cyclic and self-similar with degrees of recognizable patterns. It represents measurements of human social interaction. “[M]arkets are a result of the interaction between participants with a diverse set of…

Swiss researchers at the Ecole Polytechnique fédérale de Lausanne (EPFL) predicted market crashes using topological data analysis (TDA). Post Doc Guillaume Tauzin with fellow researchers introduced giotto-tda, a Python library that integrates topological data analysis with machine learning. …

Mathematician Benoit Mandelbrot, disappointed by the inaccuracies of current financial models, created a new one. A model based on the findings that “Price movements do not follow the well-mannered bell curve assumed by modern finance.” Instead, they can and do fluctuate wildly with evidence of both long and short-term memory…

Everyone living in the 1980s knows the story of Michael Milken’s rise to become the “king of junk bonds” and his guilty plea and subsequent time in prison. However, what most do not realize is the real story behind the fall. …

“Price is a function of trading time, which in turn is a function of clock time,” explains French Mathematician Benoit Mandelbrot. This trading time is similar to the time signature in music. According to Ph.D. candidate Michele Aichele, “music is sound organized through time.” …