Stock markets revealed as fractal, non-stationary systems, challenging traditional views.
The article suggests that stock markets may not always be as efficient as previously thought. By analyzing market data using different scales, the researchers found that markets and factors behave like fractal patterns with trends. This means that markets are not always stable and can be influenced by various factors. Ultimately, the study concludes that markets could be seen as fractal, constantly changing, and not always perfectly efficient.