Fig. 13
From: Dynamic correlation network analysis of financial asset returns with network clustering
Changes in network between sub-periods: T2–T1. Note: The network shows the difference between the sub-period T2 and T1. The edge weight (the edge width) is calculated by subtracting elements of the adjacency matrix of T1 from those of T2 described as T2 −T1. Only the edges that have positive weights (T2 > T1) are shown. The bottom table shows the quantiles of edge weights distribution with corresponding edges