Fig. 1From: Building a dynamic correlation network for fat-tailed financial asset returnsSynchronized Volatility Shock of Asset Returns. Note: A pair of uncorrelated white noise series with length 100 is generated by random sampling from the bivariate standard normal distribution. A pair of noise (-10, -10) is added as simultaneous large shocks. The sample correlation increases from 0.00 to 0.57 in this caseBack to article page