Universiti Teknologi Malaysia Institutional Repository

Network topology of renewable energy sector in stock exchange

Kazemilari, M. and Mohamadi, A. and Mardani, A. and Streimikiene, D. (2018) Network topology of renewable energy sector in stock exchange. Montenegrin Journal of Economics, 14 (2). pp. 167-174. ISSN 1800-5845

[img]
Preview
PDF
493kB

Official URL: http://dx.doi.org/10.14254/1800-5845/2018.14-2.11

Abstract

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.

Item Type:Article
Uncontrolled Keywords:Renewable energy sector, Stock market, Topological network analysis
Subjects:H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions:Management
ID Code:79931
Deposited By: Narimah Nawil
Deposited On:28 Jan 2019 15:02
Last Modified:28 Jan 2019 15:02

Repository Staff Only: item control page