Digest: (Ahmed, Anup, Pandu Tadoori, Martin Biber) [2 Attachments]
Hello, Group
Here are the answers to your questions:
1) To Ahmed:
Thanks for your detailed answer, I have a question though, When I tried the button you talked about I got a discrepency between WFA and the wavelet. Please view picture. Can you please explain why the EFA since 2010 shows that the projection line was positively correlated but the wavelet says that it is not.
You see, these are two totally different maths ideas. Wavelet is trying to find the track of the wavelet form in financial data.
This is how classical Morlet wavelet looks: