
	Journal of Applied Sciences
	Year: 2011 \| Volume: 11 \| Issue: 7 \| Page No.: 1273-1278 DOI: 10.3923/jas.2011.1273.1278

Discovering Structure Breaks in Amman Stocks Market

Sadam Al Wadi, Mohd Tahir Ismail and Samsul Ariffin Abdul Karim

Abstract: One of the main features in financial and economic time series data that trigger attention from researchers is regime shifts or structure breaks. Usually structure breaks occur because of abrupt of change in the government policy, financial and economic crisis and political instability. In recent years wavelet transform becomes more popular in the financial time series analysis and it has better advantages than the other filtering methods such as the traditional technique Fourier transform. In this study, we used Discrete Wavelet Transform (DWT) via Daubechies function and Fast Fourier Transform (FFT) to capture the possibility of regime shifts or structure breaks. The main objective is to detect precisely the changes in the behavior of the Amman stocks market (Jordan) from December 1998 until July 2009. We also discuss the advantages and disadvantages between both methods.`

PDF Fulltext XML References Citation Report Citation

RELATED ARTICLES:

•	FEC and DWT Guided Multiband Orthogonal Frequency Division Multiplexing (MB-OFDM)-Enriched Quality

•	Wavelet Supersede FFT in MB-OFDM: an Effective Cognitive Spectrum Sensing

•	A Robust Wavelet-based Blind Digital Watermarking Algorithm

•	Introduction to Multitone Multiresolution Wavelet Analysis

•	High Sensitivity and Noise Immune Method to Detect Impedance Cardiography Characteristic Points Using Wavelet Transform

•	Surface Wave Analysis Using Morlet Wavelet in Geotechnical Investigations

•	Developing of Halil River Rainfall-Runoff Model, Using Conjunction of Wavelet Transform and Artificial Neural Networks

How to cite this article:

Sadam Al Wadi, Mohd Tahir Ismail and Samsul Ariffin Abdul Karim, 2011. Discovering Structure Breaks in Amman Stocks Market. Journal of Applied Sciences, 11: 1273-1278.

DOI: 10.3923/jas.2011.1273.1278

URL: https://scialert.net/abstract/?doi=jas.2011.1273.1278

COMMENT ON THIS PAPER

Navigation


		Online First
		Current Issue
		Previous Issues
		Editorial Board
		Submit a Manuscript
		Guide to Authors
		Subscribe to E-alerts

Indexed In


		AGRIS
		ASCI-Database
		Asian Digital Library
		Chemical Abstract Services
		Google Scholar

Science Alert