Michelle A Kirk, Jason M Nolet, Amanda L Adrian, Susannah K Knust
Systematic Improvements to the Army's Deployment Cycle Resilience Training Using a Comprehensive, Iterative Process
Military medicine
financial time series time periods market indices values assets prices increase decrease monotonically call events price runs elementary uninterrupted trends uninterrupted trends paper study distribution duration uninterrupted trends daily indices djia nasdaq ipc nikkei 225 period time 10301978 08072020 compare simple geometric statistical model formula see text consistent emh empirical data fitting procedure found geometric distribution parameter formula see text provides good model uninterrupted trends short medium duration mature markets however longest duration events still need statistically characterized estimated values parameter p also obtained confirmed calculating mean value p fluctuations empirical data additionally observed trend duration distributions different studied markets compared time means andersondarling ad test expected geometric distribution parameter formula see text geometric distribution free parameter p making possible assess compare different market geometric behavior different dates well measure fraction time runs duration studied markets consistent geometric distribution formula see text parametric free way