Wergen, Gregor - In: Physica A: Statistical Mechanics and its Applications 396 (2014) C, pp. 114-133
We study the statistics of record-breaking events in daily stock prices of 366 stocks from the Standard and Poor’s 500 …. In both cases we try to describe the record statistics of the stock data with simple theoretical models. The daily … statistics are known. These models agree partly with the behavior of the stock data, but we also identify several interesting …