SPILLOVER EFFECTS OF COVID-19 ON USA EDUCATION GROUP STOCKS-Reference-Cited by-同舟云学术

SPILLOVER EFFECTS OF COVID-19 ON USA EDUCATION GROUP STOCKS

Published:2024-01 Issue:05 Volume:32 Page:
ISSN:0218-348X
Container-title:Fractals
language:en
Short-container-title:Fractals

Author:

FERNANDES LEONARDO H. S.¹^ORCID,DE ARAUJO FERNANDO H. A.²^ORCID,SILVA JOSÉ W. L.³^ORCID,FERNANDES JOSÉ P. V.⁴^ORCID,LEITE URBANNO P. S.⁵,MUNIZ LUCAS M.⁶,PAIVA RANILSON O. A.⁷^ORCID,PINTO IBSEN M. B. S.⁷^ORCID,TABAK BENJAMIN MIRANDA⁸^ORCID

Affiliation:

1. Department of Economics and Informatics, Federal Rural University of Pernambuco, Serra Talhada, PE 56909-535, Brazil

2. Federal Institute of Education, Science and Technology of Paraíba, Campus Patos, PB. Acesso rodovia PB 110, S/N Alto Tubiba - CEP: 58700-030, PB, Patos, Brazil

3. Department of Statistics and Informatics, Federal Rural University of Pernambuco, Recife, PE 52171-900, Brazil

4. Department of Medical Sciences, Anhembi Morumbi University, Dr. Almeida Lima Street, 1134 - Mooca, São Paulo - SP, 03101-001, Brazil

5. Pitágoras University Unopar Anhanguera - Unopar Edwy, Taques de Araújo street, n∘ 900 - Jardim Burle Marx, Londrina - PR, 86047-790, Brazil

6. Federal University of Alagoas - Arapiraca Campus, Manoel Severino Barbosa avenue - Bom Sucesso, Arapiraca - AL, 57309-005, Brazil

7. Núcleo de Excelência em Tecnologias Sociais vinculado ao, Instituto de Computação da Universidade Federal, de Alagoas - Macéio - AL, 57072-900, Brazil

8. School of Public Policy and Government, Getulio Vargas Foundation, SGAN 602 Módulos A, B, C, Asa Norte, Brasília, DF 70830-020, Brazil

Abstract

In this paper, we explore the price dynamics of 16 representative records of USA Education Group stocks, encompassing two non-overlapping periods (before, during, and after COVID-19). Based on information theory and cluster analysis techniques, our study provides insights into disorder, predictability, efficiency, similarity, and resilience/weakness, considering the most diverse financial stakeholders. Our findings contribute significantly to understanding price dynamics in the education sector, encompassing non-crisis and crisis periods, and provide valuable information for financial risk management, highlighting the importance of considering financial assets’ efficiency and resilience/weakness during economic turbulence, such as the COVID-19 crisis.

Funder

CNPq foundation

Publisher

World Scientific Pub Co Pte Ltd

Link

https://www.worldscientific.com/doi/pdf/10.1142/S0218348X24500749

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