---
abstract: 'We analyze the evolving price °uctuations by using ultrametric distance of minimally spanning Żnancial tree of stocks traded in Jakarta Stock Exchange 2000-2004. Ultrametricity is derived from transformation of correlation coe±cients into the distances among stocks. Our analysis evaluates the performance of ups and downs of stock prices and discovers the evolution towards the Żnancial and economic stabilization in Indonesia. This is partly recognized by mapping the hierarchical trees upon the realization of liquid and illiquid stocks. We remind that the methodology is useful in two terms: the evaluation of spectral market movements and intuitively understanding for portfolio management purposes.'
altloc: []
chapter: ~
commentary: ~
commref: ~
confdates: ~
conference: ~
confloc: ~
contact_email: ~
creators_id: []
creators_name:
  - family: Situngkir
    given: Hokky
    honourific: ''
    lineage: ''
  - family: Surya
    given: Yohanes
    honourific: ''
    lineage: ''
date: 2005
date_type: published
datestamp: 2005-05-16
department: Dept. Computational Sociology
dir: disk0/00/00/43/57
edit_lock_since: ~
edit_lock_until: ~
edit_lock_user: ~
editors_id: []
editors_name: []
eprint_status: archive
eprintid: 4357
fileinfo: /style/images/fileicons/application_pdf.png;/4357/1/2005h.pdf
full_text_status: public
importid: ~
institution: Bandung Fe Institute
isbn: ~
ispublished: pub
issn: ~
item_issues_comment: []
item_issues_count: 0
item_issues_description: []
item_issues_id: []
item_issues_reported_by: []
item_issues_resolved_by: []
item_issues_status: []
item_issues_timestamp: []
item_issues_type: []
keywords: 'ultrametricity, minimum spanning tree, liquidity, Jakarta Stock Exchange.'
lastmod: 2011-03-11 08:56:03
latitude: ~
longitude: ~
metadata_visibility: show
note: ~
number: ~
pagerange: ~
pubdom: TRUE
publication: ~
publisher: ~
refereed: TRUE
referencetext: ~
relation_type: []
relation_uri: []
reportno: WPH2005 Bandung Fe Institute
rev_number: 12
series: ~
source: ~
status_changed: 2007-09-12 16:58:50
subjects:
  - comp-sci-stat-model
succeeds: ~
suggestions: ~
sword_depositor: ~
sword_slug: ~
thesistype: ~
title: On Stock Market Dynamics through Ultrametricity of Minimum Spanning Tree
type: techreport
userid: 4745
volume: ~
<script src="//archive-bar.soton.ac.uk/archive-bar.js"></script>