Log Periodic Power Analysis of Critical Crashes: Evidence from the Portuguese Stock Market

The study of critical phenomena that originated in the natural sciences has been extended to the financial economics’ field, giving researchers new approaches to risk management, forecasting, the study of bubbles and crashes, and many kinds of problems involving complex systems with self-organized criticality (SOC). This study uses the theory of self-similar oscillatory time singularities to analyze stock market crashes. We test the Log Periodic Power Law/Model (LPPM) to analyze the Portuguese stock market, in its crises in 1998, 2007, and 2015. Parameter values are in line with those observed in other markets. This is particularly interesting since if the model performs robustly for Portugal, which is a small market with liquidity issues and the index is only composed of 20 stocks, we provide consistent evidence in favor of the proposed LPPM methodology. The LPPM methodology proposed here would have allowed us to avoid big loses in the 1998 Portuguese crash, and would have permitted us to sell at points near the peak in the 2007 crash. In the case of the 2015 crisis, we would have obtained a good indication of the moment where the lowest data point was going to be achieved.

An Approach to Colliding Plane Waves in General Relativity

For many years after Einstein proposed his general theory of relativity, only a few exact solutions were known. Today the situation is completely different, and we now have a vast number of such solutions. However, very few are well understood in the sense that they can be clearly interpreted as the fields of real physical sources. The obvious exceptions are the Schwarzschild and Kerr solutions. These have been very thoroughly analysed, and clearly describe the gravitational fields surrounding static and rotating black holes respectively. In practice, one of the great difficulties of relating the particular features of general relativity to real physical problems, arises from the high degree of non-linearity of the field equations. Although the linearized theory has been used in some applications, its use is severely limited. Many of the most interesting properties of space-time, such as the occurrence of singularities, are consequences of the non-linearity of the equations. Keywords: General Relativity , Space-Time, Singularities, Non-linearity of the Equations.

On the occurrence of finite-time singularities in Swampland-related quintessence dark energy models

In this work, we focus on the phase space singularities of interactive quintessence model in the presence of matter fluid. This model is related to swampland studies, that the outcomes affect all these swampland-related models with the same dynamical system. We shall form the dynamical system corresponding to the cosmological system, which is eventually autonomous, and by using the dominant balances technique we shall investigate the occurrence or not of finite-time singularities. Our results indicate that the dynamical system of the model may develop finite-time singularities, but these are not general singularities, like in the case that the matter fluids were absent, in which case singularities occurred for general initial conditions. Hence, the presence of matter fluids affects the dynamical system of the cosmological system, making the singularities to depend on the initial conditions, instead of occurring for general initial conditions.

Space-time singularities, Schwarzschild energy density, and AGN’s jets

Active galactic nuclei (AGNs) are throwing in the interstellar space huge jets of energy in the form of elementary particles. The calculation of the energy density of space in the centre of the black hole with the mass of the Sun shows that in the space-time singularity of such a black hole energy density of space there is so low that atoms become unstable and fall apart into elementary particles. In this sense, AGN is a rejuvenating system of the universe. It transforms its own old matter into fresh energy in the form of jets.

Cosmological viscous fluid models describing infinite time singularities in f(T) gravity

In this paper we explore the state parameter behaviour of the interacting viscous dark energy in f(T) gravity. Using constant deceleration parameter we investigate the cosmological implications of the viscosity and interaction between the dark components (energy and matter) in terms of Redshift. So doing, the viscosity and the interaction between the two fluids are parameterized by constants $$\delta $$ δ and $$\xi $$ ξ respectively. In the later part of the paper, we explore some bulk viscosity models describing Little Rip and Pseudo Rip future singularities within f(T) modified gravity. We obtain gravitational equations of motion for viscous dark energy coupled with dark matter. Solving these equations, we found analytic expressions for characteristic properties of these cosmological models.

Space–time singularities and cosmic censorship conjecture: A Review with some thoughts

The singularity theorems of Hawking and Penrose tell us that singularities are common place in general relativity. Singularities not only occur at the beginning of the Universe at the Big Bang, but also in complete gravitational collapses that result in the formation of black holes. If singularities — except the one at the Big Bang — ever become “naked,” i.e. not shrouded by black hole horizons, then it is expected that problems would arise and render general relativity indeterministic. For this reason, Penrose proposed the cosmic censorship conjecture, which states that singularities should never be naked. Various counterexamples to the conjecture have since been discovered, but it is still not clear under which kind of physical processes one can expect violation of the conjecture. In this short review, I briefly examine some progresses in space–time singularities and cosmic censorship conjecture. In particular, I shall discuss why we should still care about the conjecture, and whether we should be worried about some of the counterexamples. This is not meant to be a comprehensive review, but rather to give an introduction to the subject, which has recently seen an increase of interest.

On a Partial q-Analog of a Singularly Perturbed Problem with Fuchsian and Irregular Time Singularities

A family of linear singularly perturbed difference differential equations is examined. These equations stand for an analog of singularly perturbed PDEs with irregular and Fuchsian singularities in the complex domain recently investigated by A. Lastra and the author. A finite set of sectorial holomorphic solutions is constructed by means of an enhanced version of a classical multisummability procedure due to W. Balser. These functions share a common asymptotic expansion in the perturbation parameter, which is shown to carry a double scale structure, which pairs q-Gevrey and Gevrey bounds.