Antenorcruz presents work in DLSU ResCon 2024

Jude Maria V. Antenorcruz, a faculty and researcher from the Complex Systems Group, presented his research work during the De La Salle University Research Congress (DLSU ResCon) 2024. 

• J.M.V. Antenorcruz and R.C. Batac, The Effect of Noise Traders on The Distribution of Returns: Evidence from an Ising-based Model of Financial Markets, presented during the DLSU Research Congress 2024 (21 June 2024). 

The research work simulates the effect of random decision makers, here called "noise" traders, in the overall behavior of the market. When these traders are added to a self-organizing Ising grid that mimics the financial market, the power-law tails of the log return distributions are gradually replaced by normal distributions. While usually attributed to informational efficiency, these normal distribution of returns for increased noise traders are more reflective of the loss of coordinated mechanisms in the grid, akin to an increased "temperature" in the original Ising model. 

The DLSU Research Congress (DLSU ResCon) is an annual scientific conference for researchers, faculty, and students, and showcases the research works from various fields. This year, the theme of the ResCon is Artificial Intelligence (AI) and Responsible Innovation, and was held from 20-22 June 2024 at the DLSU Taft Campus in Manila, with hybrid parallel sessions.

Jude Maria V. Antenorcruz is a faculty member and a graduating PhD Physics student from the Department of Physics, College of Science, De La Salle University (DLSU). Dr. Rene Batac is a complex systems researcher from the Department of Physics and the Dr. Andrew L. Tan Data Science Institute of the DLSU.