A Proposed Centrality Measure: The Case of Stocks Traded at Bursa Malaysia
Author(s) -
Shamshuritawati Sharif,
Maman A. Djauhari
Publication year - 2012
Publication title -
modern applied science
Language(s) - English
Resource type - Journals
eISSN - 1913-1852
pISSN - 1913-1844
DOI - 10.5539/mas.v6n10p62
Subject(s) - centrality , closeness , measure (data warehouse) , stock (firearms) , network theory , katz centrality , business , betweenness centrality , econometrics , computer science , data mining , mathematics , statistics , geography , mathematical analysis , archaeology
In this paper we propose the average of weights of all links adjacent to each stock as a centrality measure. This measure, besides the traditional centrality measures such as degree centrality, betwenness centrality, closeness centrality and eigenvector centrality will be helpful in interpreting the network topology of stocks markets. A case study of 90 stocks market traded at Bursa Malaysia will be presented and discussed to illustrate the advantage of the proposed measure
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