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Table 5 Largest eigenvalue index by sub-period

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

  Mean Max Min
  Index (Index-100) Index (Index-100) Index (Index-100)
T1 98.56 (-1.44) 96.73 (-3.27) 101.16 (+1.16)
T2 98.83 (-1.17) 97.14 (-2.86) 100.00 (0.00)
T3 102.14 (+2.14) 100.00 (0.00) 104.18 (+4.18)
Whole period 100   100   100  
[value] [8.90]   [9.64]   [8.19]  
  1. Note: Every trading date during the whole observation period (January 2008 - May 2016) was separated into three sub-periods, namely T1, T2, and T3 by the subspace clustering of conditional adjacency matrices of the dynamic correlation network using k-means algorithm. Mean, Max, and Min represent the mean, maximum, and minimum values of the largest eigenvalues of adjacency matrices that are estimated on each trading date during the sub-period, respectively. The values are indexed at the whole period=100