Hurst exponent is a simple, powerful and widely used measure of a long-term memory of time series.
What is are the disadvantages of this measure for checking long-range dependence in the series and what else could be used instead of Hurst exponent?
Hurst exponent is a simple, powerful and widely used measure of a long-term memory of time series.
What is are the disadvantages of this measure for checking long-range dependence in the series and what else could be used instead of Hurst exponent?