Analyzing market states of the S&P 500 components on a time horizon January 3, 2006 to August 10, 2023, we found the appearance of a new market state not previously seen and we shall discuss its possible implications as an isolated state or as a beginning of a new general market condition. We study this in terms of the Pearson correlation matrix and relative correlation with respect to the S&P 500 index. In both cases the anomaly shows strongly.
翻译:在2006年1月3日至2023年8月10日期间对标普500成分股市场状态的分析中,我们发现了此前未曾出现的新市场状态,并将讨论其作为孤立状态或新总体市场条件开端的潜在影响。我们通过皮尔逊相关系数矩阵及相对于标普500指数的相对相关性展开研究。在这两种情况下,该异常均显著显现。