Statistical properties of volatility return intervals of Chinese stocks

The statistical properties of the return intervals τ_q between successive 1-min volatilities of 30 liquid Chinese stocks exceeding a certain threshold q are carefully studied. The Kolmogorov-Smirnov (KS) test shows that 12 stocks exhibit scaling behaviors in the distributions of τ_q for different thresholds q. Furthermore, the KS test and weighted KS test show that the scaled return interval distributions of 6 stocks (out of the 12 stocks) can be nicely fitted by a stretched exponential function with γ≈0.31 under the significance level of 5%, where is the mean return interval. The investigation of the conditional probability distribution P_q(τ|τ₀) and the mean conditional return interval 〈τ|τ₀〉 demonstrates the existence of short-term correlation between successive return interval intervals. We further study the mean return interval 〈τ|τ₀〉 after a cluster of n intervals and the fluctuation F(l) using detrended fluctuation analysis, and find that long-term memory also exists in the volatility return intervals.     

The q-gamma and (q,q)-polygamma functions of Tsallis statistics

An axiomatic definition is given for the q-gamma function of Tsallis (non-extensive) statistical physics, the continuous analogue of the q-factorial of Suyari [H. Suyari, Physica A 368 (1) (2006) 63], and the q-analogue of the gamma function of Euler and Gauss. A working definition in closed form, based on the Hurwitz and Riemann zeta functions (including their analytic continuations), is shown to satisfy this definition. Several relations involving the q-gamma and other functions are obtained. The (q,q)-polygamma functions , defined by successive derivatives of , where ln_qa=(1−q)⁻¹(a^1−q−1),a>0 is the q-logarithmic function, are also reported. The new functions are used to calculate the inferred probabilities and multipliers for Tsallis systems with finite numbers of particles N?∞.     

Low-temperature magnetic structures in the DySi FeB-type compound 27.03.09

The low-temperature magnetic ordering of the dimorphic DySi compound has been studied at 1.5 K by neutron diffraction on two polycrystalline samples. The samples comprise various amounts of the two orthorhombic modifications: CrB-type (Cmcm Nr. 63, all atoms at 4c site: (0, y, )) and FeB-type (Pnma Nr. 62, all atoms at 4c site: (x, , z)), both order antiferromagnetically (T_N≈38 K). The CrB-type phase orders with a uniaxial structure with the wave vector q₁=(0, 0, ) requiring a doubling of the c-axis. The Dy moments point along the linear chain with the shortest distance c. At 1.5 K, the ordered moment value is 8.57(1) μ_B/Dy atom.Two symmetry independent wave vectors describe the 1.5 K magnetic ordering of the FeB-type phase: q₂=(0, , ) and q₃=(0, 0.484(1), 0.0892(1)), coexisting in form of domains. In both structures the magnetic moments are confined to the (0 0 1) plane at an angle of 2(2)° and 22(3)° from the shortest axis b, respectively. Both structures correspond to sine wave modulations. The amplitude of the q₂ wave is m_o=7.5(1) μ_B/Dy atom and that of q₃ 8.2(1) μ_B/Dy atom. The wave vector q₂ when referring to the (a, 2b, c) cell and the wave vector q=(0, 0, ) corresponds to a transversal modulation, which by a proper origin choice can be also described as an antiphase domain structure with two amplitudes. The moments point to the b-axis and are stacked in the sequence (+m_o/2, −m_o/2, −m_o, −m_o/2, +m_o/2, +m_o, …) along the c-direction, while t_b acts as an antitranslation. For the q₃ phase, the local moment value depends on the atom position in the wave. We also discuss the case where q₃ and q₂ act simultaneously in physical space.     

A simple mathematical model for anomalous diffusion via Fisher's information theory

Starting with the relative entropy based on a previously proposed entropy function , we find the corresponding Fisher's information measure. After function redefinition we then maximize the Fisher information measure with respect to the new function and obtain a differential operator that reduces to a space coordinate second derivative in the q→1 limit. We then propose a simple differential equation for anomalous diffusion and show that its solutions are a generalization of the functions in the Barenblatt-Pattle solution. We find that the mean squared displacement, up to a q-dependent constant, has a time dependence according to 〈x²〉∼K1/qt1/q, where the parameter q takes values (superdiffusion) and (subdiffusion), ∀n?1.     

Quadratic temperature dependence of electron-phonon scattering in disordered V1−xPdx alloys

We report the results of a comprehensive study of weak localization and electron-electron interaction effects in disordered V_1−xPd_x alloys whose compositions are close to the (low T_c) A15 V₃Pd compound. Magnetoresistivity and zero field resistivity have been measured within the temperature range 1.5≤T≤300 K. The low-temperature resistivity obeys a law, which is explained by electron-electron interaction. We have determined the electron-phonon scattering time (τ_e-ph) for V_1−xPd_x alloys. Our results indicate an anomalous electron-phonon scattering rate obeying quadratic temperature dependence. This observation is interpreted by the existing theories of electron-phonon interactions.     

Scaling and memory effect in volatility return interval of the Chinese stock market

We investigate the probability distribution of the volatility return intervals τ for the Chinese stock market. We rescale both the probability distribution P_q(τ) and the volatility return intervals τ as to obtain a uniform scaling curve for different threshold value q. The scaling curve can be well fitted by the stretched exponential function , which suggests memory exists in τ. To demonstrate the memory effect, we investigate the conditional probability distribution P_q(τ|τ₀), the mean conditional interval 〈τ|τ₀〉 and the cumulative probability distribution of the cluster size of τ. The results show clear clustering effect. We further investigate the persistence probability distribution P_±(t) and find that P₋(t) decays by a power law with the exponent far different from the value 0.5 for the random walk, which further confirms long memory exists in τ. The scaling and long memory effect of τ for the Chinese stock market are similar to those obtained from the United States and the Japanese financial markets.     

Comment on: “Any l-state solutions of the Klein-Gordon equation with the generalized Hulthén potential”

It is shown that the bound l-state solutions of the Klein-Gordon equation for the general scalar and vector Hulthén potentials obtained by Qiang et al. are valid only for q?1 and . We clarify the problem and give the correct solutions when 0<q<1 or q<0. In each case, we derive a transcendental quantization condition for the s-state energy levels.     

Anomalous thermostat and intraband discrete breathers

We investigate the dynamics of a macroscopic system which consists of an anharmonic subsystem embedded in an arbitrary harmonic lattice, including quenched disorder. The coupling between both parts is bilinear. Elimination of the harmonic degrees of freedom leads to a nonlinear Langevin equation with memory kernels and noise term for the anharmonic coordinates . For zero temperature, i.e. for , we prove that the support of the Fourier transform of and of the time averaged velocity-velocity correlation functions of the anharmonic system cannot overlap. As a consequence, the asymptotic solutions can be constant, periodic, quasiperiodic or almost periodic, and possibly weakly chaotic. For a sinusoidal trajectory with frequency we find that the energy E_T transferred to the harmonic system up to time T is proportional to T^α. If equals one of the phonon frequencies ω_ν, it is α=2. We prove that there is a zero measure set L such that for in its full measure complement R?L, it is α=0, i.e. there is no energy dissipation. Under certain conditions L contains a subset L^′ such that for the dissipation rate is nonzero and may be subdissipative (0≤α<1) or superdissipative (1<α≤2), compared to ordinary dissipation (α=1). Consequently, the harmonic bath does act as an anomalous thermostat, in variance with the common belief that elimination of a macroscopically large number of degrees of freedom always generates dissipation, forcing convergence to equilibrium. Intraband discrete breathers are such solutions which do not relax. We prove for arbitrary anharmonicity and small but finite coupling that intraband discrete breathers with frequency exist for all in a Cantor set C(k) of finite Lebesgue measure. This is achieved by estimating the contribution of small denominators appearing for , related to . For the small denominators do not lead to divergencies such that is a smooth and bounded function in t.     

Quantum critical behaviour in doped Y bB12 studied by ab initio calculations

The Kondo insulator Y bB₁₂ is known to undergo a transition to the metallic state with doping or under an external magnetic field. Within the virtual crystal approximation (VCA), we calculated the occupation of the Yb 4f and 5d shells, and , as a function of doping of Y bB₁₂ with the rare earths Tm and Lu. We found that exhibits an anomalous change at the critical concentration of the dopant, in agreement with experiment ( for Y b_1−xLu_xB₁₂ and for Y b_1−xTm_xB₁₂). We suggest that the critical behaviour seems to be strictly connected with the change of and in consequence the change of the Yb valency.     

Majority-vote model with different agents

We consider the majority-vote model with noise in a network of social interactions for a system with two classes of individuals, class σ and class τ. For the two-agent model each class has its own dynamics, with individuals of σ class being influenced by neighbors of both classes, while the individuals of type τ are influenced only by neighbors of that class. We use Monte Carlo simulations and finite-size scaling techniques to estimate the critical properties of the system in the stationary state. The calculated values of the critical noise parameters, and , allow us to identify five distinct regions in the phase diagram on the q_τ-q_σ plane. The critical exponents for each class are the same and we conclude that the present model belongs to the same universality class as the two-dimensional Ising model.     

The quark model and b baryons

The recent observation at the Tevatron of (uub and ddb) baryons within 2 MeV of the predicted Σ_b-Λ_b splitting and of baryons at the Tevatron within a few mega electron volts (MeV) of predictions has provided strong confirmation for a theoretical approach based on modeling the color hyperfine interaction. The prediction of  = 5790-5800 MeV is reviewed and similar methods used to predict the masses of the excited states and . The main source of uncertainty is the method used to estimate the mass difference m_b-m_c from known hadrons. We verify that corrections due to the details of the interquark potential and to Ξ_b- mixing are small. For S-wave qqb states we predict , and . For states with one unit of orbital angular momentum between the b quark and the two light quarks we predict , and . Results are compared with those of other recent approaches.     

Crystal field effect and geometric frustration in Er2Ti2O7 —an XY antiferromagnetic pyrochlore

Magnetic susceptibility of powder Er₂Ti₂O₇ (ErT) is measured between 300 K and 80 K. shows a Curie-Weiss (CW) type behaviour with   ErTiO_3.5 and . A crystal field (CF) analysis of our experimental data, g-values (g_∥=0.27 and g_⊥=7.8) and the positions of two CF levels (reported earlier from an inelastic neutron scattering study) provide CF parameters and CF levels of the ground ⁴I_15/2 and excited multiplets of ErT. The theoretical follows a CW-type behaviour, with . Single-ion magnetic anisotropy (χ_⊥−χ_∥) is 9500×10⁻⁶ emu/mol ErTiO_3.5 at 300 K, which increases by ∼54 times at 10 K and ErT resembles an XY planar system. It can be inferred from CF analysis that the earlier observed change of from −13 K to −22 K below 50 K is not due to the CF effect. Nuclear hyperfine (HF) levels of ¹⁶⁷ErT and ¹⁶⁶ErT are calculated and the theoretical curve of vs. T (K) for T<T_N matches the observed results. Mössbauer lines expected for ¹⁶⁶ErT are also predicted.     

On short and semi-short representations for four-dimensional superconformal symmetry

Possible short and semi-short representations for and superconformal symmetry in four dimensions are discussed. For the well known short supermultiplets whose lowest dimension conformal primary operators correspond to -BPS or -BPS states and are scalar fields belonging to the SU(4) R-symmetry representations [0,p,0] and [q,p,q] and having scale dimension Δ=p and Δ=2q+p, respectively, are recovered. The representation content of semi-short multiplets, which arise at the unitarity threshold for long multiplets, is discussed. It is shown how, at the unitarity threshold, a long multiplet can be decomposed into four semi-short multiplets. If the conformal primary state is spinless one of these becomes a short multiplet. For a -BPS multiplet need not have a protected dimension unless the primary state belongs to a [1,p,1] representation.