  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?

Statistical Finance