Networks of equities in financial markets

We review the recent approach of correlation based networks of financial equities. We investigate portfolio of stocks at different time horizons, financial indices and volatility time series and we show that meaningful economic information can be extracted from noise dressed correlation matrices. We show that the method can be used to falsify widespread market models by directly comparing the topological properties of networks of real and artificial markets.Comment: 9 pages, 8 figures. Accepted for publication in EPJ

MuxViz: A Tool for Multilayer Analysis and Visualization of Networks

Multilayer relationships among entities and information about entities must be accompanied by the means to analyze, visualize, and obtain insights from such data. We present open-source software (muxViz) that contains a collection of algorithms for the analysis of multilayer networks, which are an important way to represent a large variety of complex systems throughout science and engineering. We demonstrate the ability of muxViz to analyze and interactively visualize multilayer data using empirical genetic, neuronal, and transportation networks. Our software is available at https://github.com/manlius/muxViz.Comment: 18 pages, 10 figures (text of the accepted manuscript

Measuring Regional Cohesion Effects of Large-scale Transport Infrastructure Investments: An Accessibility Approach.

Cohesion is considered one of the main policy goals both at a EU an national level. However, there is currently a lack of a common approach to measure cohesion effects of large-scale transport infrastructure investments. Accessibility indicators have an unexploited potential in transportation assessment methodologies. Accessibility is considered an added value of locations, which represents one of the elements contributing to a region’s welfare. Therefore, spatial distribution of accessibility may be used as a proxy to assess regional cohesion. This paper suggests an approach consisting in measuring changes in the spatial distribution of four different accessibility indicators, computed and mapped using a GIS support. Cohesion is subsequently measured calculating a set of inequality indices of the resulting accessibility distribution. It is possible then to assess whether disparities in regional accessibility are increased or reduced after the implementation of a new transport infrastructure. This approach is tested assessing regional cohesion effects of road and rail network developments in Spain in the period 1992-2004. Comparing the results obtained with accessibility indicators and inequality indices allows identifying the main critical factors and sources of bias. The conclusion is that for the rode mode, cohesion has improved, while regional disparities have increased for the rail mode

The Influence of Network Topology on Sound Propagation in Granular Materials

Granular materials, whose features range from the particle scale to the force-chain scale to the bulk scale, are usually modeled as either particulate or continuum materials. In contrast with either of these approaches, network representations are natural for the simultaneous examination of microscopic, mesoscopic, and macroscopic features. In this paper, we treat granular materials as spatially-embedded networks in which the nodes (particles) are connected by weighted edges obtained from contact forces. We test a variety of network measures for their utility in helping to describe sound propagation in granular networks and find that network diagnostics can be used to probe particle-, curve-, domain-, and system-scale structures in granular media. In particular, diagnostics of meso-scale network structure are reproducible across experiments, are correlated with sound propagation in this medium, and can be used to identify potentially interesting size scales. We also demonstrate that the sensitivity of network diagnostics depends on the phase of sound propagation. In the injection phase, the signal propagates systemically, as indicated by correlations with the network diagnostic of global efficiency. In the scattering phase, however, the signal is better predicted by meso-scale community structure, suggesting that the acoustic signal scatters over local geographic neighborhoods. Collectively, our results demonstrate how the force network of a granular system is imprinted on transmitted waves.Comment: 19 pages, 9 figures, and 3 table