Theoretical analyses of stock correlations affected by subprime crisis and total assets: Network properties and corresponding physical mechanisms
Zhu Shi-Zhao1, Wang Yu-Qing2, ‡, Wang Bing-Hong1, 3, §
       

Moduli of components μ i ( λ j ) (j = 1, 2, 3, 4) of four leading eigenvalues for (a) focused Asian stocks during pre-subprime crisis between August 2006 and September 2007, (b) focused American stocks during pre-subprime crisis, (c) focused Asian stocks in the peak of subprime crisis between October 2007 and November 2008, (d) focused American stocks in the peak of subprime crisis, which are arranged in order of total assets from major assets to minor ones. Here, symbol i refers to stock number ranging from 1 to 30, which also corresponds to detailed information about stocks shown in Tables 1 and 2. Nine different colors correspond to various industrial sectors.