Mathematical modeling of nonlinear platinum dynamics in Ukraine

Zomchak Larysa Mykolaivna,
PhD, Associate Professor of Economic Cybernetics Department,
Ostapovych Liliia Petrivna
Second Year Master’s Degree Student of Economic Cybernetics Department,
Ivan Franko National University of Lviv, Ukraine

  • This article is devoted to investigation of platinum market dynamics in Ukraine by nonlinear dynamics methods. The Hurst exponent, correlation dimension and correlation entropy for platinum courses in Ukrainian market during 2002–2015 are calculated. According to the results of the calculation we indicate the presence of the chaotic processes in the dynamics of the system. It allows better to understand a structure and behavior features of platinum market.
  • attractor, fractal, Hurst exponent, dimension of phase space, correlation dimension, correlation entropy, nonlinear dynamics, chaos theory, financial time series, precious metal.
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  • Zomchak L. M., Ostapovych L. P. Mathematical modeling of nonlinear platinum dynamics in Ukraine [Online] // Economic Processes Management: International Scientific E-Journal. 2015. № 4. Available: http://epm.fem.sumdu.edu.ua/download/2015_4/2015_4_7.pdf