Under the formalism of annealed averaging of the partition function, a type of random multifractal measures with the multipliers exponentially distributed is investigated in detail. Branching emerges in the curve of generalized dimensions, and negative values of generalized dimensions arise....

Rapid pyrolysis of three typical Chinese coals, lignite from Inner Mongolia, bituminous from Shenfu coalfield, and anthracite from Guizhou, as well as a petroleum coke were carried out in a drop-style high-frequency furnace. The reactor was induction coil heated and had a very small...

This paper presents a formulation and solution for the train connection services (TCSs) problem in a large-scale rail network in order to determine the optimal freight train services, the frequency of services, and the distribution of classification workload among yards. TCS problem is modeled...

A remarkable similarity in the behaviour of the US S&P500 index from 1996 to August 2002 and of the Japanese Nikkei index from 1985 to 1992 (11 year shift) is presented, with particular emphasis on the structure of the bearish phases. Extending a previous analysis of Johansen and Sornette on the...

We introduce a novel non-parametric methodology to test for the dynamical time evolution of the lag-lead structure between two arbitrary time series. The method consists of constructing a distance matrix based on the matching of all sample data pairs between the two time series. Then, the...

We propose a new set of stylized facts quantifying the structure of financial markets. The key idea is to study the combined structure of both investment strategies and prices in order to open a qualitatively new level of understanding of financial and economic markets. We study the detailed...

When common factors strongly influence two power-law cross-correlated time series recorded in complex natural or social systems, using classic detrended cross-correlation analysis (DCCA) without considering these common factors will bias the results. We use detrended partial cross-correlation...

Although technical trading rules have been widely used by practitioners in financial markets, their profitability still remains controversial. We here investigate the profitability of moving average (MA) and trading range break (TRB) rules by using the Shanghai Stock Exchange Composite Index...

Technical trading rules have a long history of being used by practitioners in financial markets. Their profitable ability and efficiency of technical trading rules are yet controversial. In this paper, we test the performance of more than seven thousands traditional technical trading rules on...