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Table 6 Topological features of the correlation network by sub-period

From: Dynamic correlation network analysis of financial asset returns with network clustering

 

Density

Centralization

Heterogeneity

T1

0.625

0.149

0.273

T2

0.614

0.158

0.313

T3

0.638

0.147

0.304

Whole period

0.627

0.151

0.282

 

Index

(Index-100)

Index

(Index-100)

Index

(Index-100)

T1

99.66

(-0.34)

99.09

(-0.91)

96.65

(-3.35)

T2

97.96

(-2.04)

104.76

(+4.76)

110.78

(+10.78)

T3

101.75

(+1.75)

97.47

(-2.53)

107.52

(+7.52)

Whole period

100

 

100

 

100

 
  1. Note: T1, T2, and T3 represent the sub-periods identified by the subspace clustering of conditional adjacency matrices as shown in Table 5. The relative indices of those three topological measures are indexed as 100 at the whole period levels, respectively