Financial Entropy: The Degree of Disorder, Randomness and Unpredictability

Yıl 2024, Cilt: 25 Sayı: 54, 140 - 165, 30.06.2024

Turgay Geçer

Öz

The notion of financial entropy refers to the degree of unpredictability, disorder, and risk in financial markets under the influence of various internal and external factors. Financial entropy possesses numerous consequences, including an elevated level of volatility, uncertainty, risk, complexity, contagion risk, and market inefficiency. Understanding the concept of financial entropy holds significant importance for financial analysts and traders as it provides valuable insights into the potential returns and risks associated with investments. The effective management of financial entropy necessitates meticulous attention to market conditions and a comprehensive comprehension of the motives and risks associated with financial markets. Numerous theories and techniques have been developed to quantify financial entropy, including random walk theory, noise, entropy index, entropy-based risk measure, Shannon entropy, Tsallis entropy, and Rényi entropy. The study explores the notion of the ‘quantum analogy of financial entropy’ and proposes a comparison between quantum mechanics and financial entropy to gain insight into the general behavior of market participants and clarify the uncertainty and unpredictability of financial markets. These principles emphasize the significance of regularly monitoring financial market conditions and adjusting strategies accordingly to effectively manage financial entropy.

Anahtar Kelimeler

Entropy, Econophysics, Financial Entropy

Finansal Entropi: Düzensizlik, Rastgelelik ve Öngörülemezlik Ölçüsü

Öz

Finansal entropi kavramı, çeşitli iç ve dış faktörlerin etkisi altında finansal piyasalardaki belirsizlik, düzensizlik ve risk derecesini ifade etmektedir. Finansal entropi, yüksek düzeyde oynaklık, belirsizlik, risk, karmaşıklık, bulaşma riski ve piyasa verimsizliği gibi çok sayıda sonuca sahiptir. Finansal entropi kavramının anlaşılması, yatırımlarla ilişkili potansiyel getiriler ve riskler hakkında değerli bilgiler sağladığından finansal analistler ve yatırımcılar için büyük önem taşımaktadır. Finansal entropinin etkin bir şekilde yönetilmesi, piyasa koşullarına titizlikle dikkat edilmesini ve finansal piyasalarla ilişkili getiri ve risklerin kapsamlı bir şekilde anlaşılmasını gerektirir. Finansal entropiyi ölçmek için rassal yürüyüş teorisi, gürültü, entropi endeksi, entropi tabanlı risk ölçüsü, Shannon entropisi, Tsallis entropisi ve Rényi entropisi gibi çok sayıda teori ve teknik geliştirilmiştir. Çalışma ‘finansal entropinin kuantum analojisi’ kavramını araştırmakta ve piyasa katılımcılarının genel davranışları hakkında fikir edinmek ve finansal piyasaların belirsizliğini ve öngörülemezliğini açıklığa kavuşturmak için kuantum mekaniği ile finansal entropi arasında bir karşılaştırma önermektedir. Bu ilkeler, finansal entropiyi etkin bir şekilde yönetmek için finansal piyasa koşullarını düzenli olarak izlemenin ve stratejileri buna göre ayarlamanın önemini vurgulamaktadır.

Anahtar Kelimeler

Entropi, Ekonofizik, Finansal Entropi

Kaynakça

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