Network Topology of Renewable Energy Sector in Stock Exchange
In today's global economy, the most prominent position clean energy is basically viewed as the highest-speed growing branch. Sustainable energy, perpetual climate change, and technological advancements are the reasons from which this foreground position results from. Regarding the debate of...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
University of Montenegro - Faculty of Economics Podgorica
2018-06-01
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Series: | Montenegrin Journal of Economics |
Subjects: | |
Online Access: | http://www.mnje.com/sites/mnje.com/files/167-174_-__kazemilari_mohamadi_mardani_and_dalia.pdf |
Summary: | In today's global economy, the most prominent position clean energy
is basically viewed as the highest-speed growing branch. Sustainable
energy, perpetual climate change, and technological advancements
are the reasons from which this foreground position results
from. Regarding the debate of effects of pollution and the importance
of the alternative fuels, the more awareness people improve,
the more interested they are to invest in clean energy. This
paper brings to a focus the inspection of clean energy and the way
any market would analysis the influential stocks which have an
effect on the other. In this regard, correlation network approach has
extensively applied to explore the financial markets properties. In
econophysics, technical topology network is defined for analyzing
the interaction between stocks to find significant implications to
optimize the portfolio. Network topology shows the physical layout of
a network. It refers to the way in which per stock is located and
interconnected to other stocks. This study analyse the topological
properties of network on a set of 62 stocks in renewable energy
companies from 30th February 2015 to 3th March 2016 to aid to
the interpretation of relationships in the network structure and find
influencing stocks. |
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ISSN: | 1800-5845 1800-6698 |