Studying the power-law scaling of financial time series is a promising area of econophysics, which has often contributed to the understanding of the intricate features of the global markets. In this article, we examine the multifractality of some financial processes and the underlying formation...

We analyze the degree of integration between the US stock market and some of its major trading partners, namely Canada, the UK and Japan to highlight which index offer better diversification benefits. We especially apply a Dynamic Conditional Correlations (DCC) model to estimate the dynamic...