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Genuine multifractality in time series is due to temporal correlations

Genuine multifractality in time series is due to temporal correlations

Based on the mathematical arguments formulated within the multifractal detrended fluctuation analysis (MFDFA) approach it is shown that, in the uncorrelated time series from the Gaussian basin of attraction, the effects resembling multifractality asymptotically disappear for positive moments when the length of time series increases. A hint is given that …