Fig. 17
From: Dynamic correlation network analysis of financial asset returns with network clustering
Changes in network between sub-periods: T1–T3. Note: The network shows the difference between the sub-period T1 and T3. The edge weight (the edge width) is calculated by subtracting elements of the adjacency matrix of T3 from those of T1 described as T1 −T3. Only the edges that have positive weights (T1 > T3) are shown. The bottom table shows the quantiles of edge weights distribution with corresponding edges