Concept
Hurst Exponent 0
The Hurst Exponent is a measure of the long-term memory of time series data, indicating whether a series is trending, mean-reverting, or exhibiting random walk behavior. Values of the exponent range from 0 to 1, where a value of 0.5 suggests a completely random series, values below 0.5 indicate mean-reverting behavior, and values above 0.5 suggest a trending series.
Relevant Degrees