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A Map of the Brazilian Stock Market

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  • Leonidas Sandoval Junior
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    Abstract

    We use the correlation matrix of stocks returns in order to create maps of the S\~ao Paulo Stock Exchange (BM&F-Bovespa), Brazil's main stock exchange. The data reffer to the year 2010, and the correlations between stock returns lead to the construction of a minimum spanning tree and of asset graphs with a variety of threshold values. The results are analised using techniques of network theory.

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    File URL: http://arxiv.org/pdf/1107.4146
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    Bibliographic Info

    Paper provided by arXiv.org in its series Papers with number 1107.4146.

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    Date of creation: Jul 2011
    Date of revision: Mar 2013
    Publication status: Published in Advances in Complex Systems 2, Vol. 15, No. 4 (2012) 1250042
    Handle: RePEc:arx:papers:1107.4146

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    Web page: http://arxiv.org/

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