HCA Techniques Applied to Financial Analysis
Journal Title: Revista Romana de Statistica - Year 2015, Vol 63, Issue 8
Abstract
Cluster analysis can be regarded as an instrument whose purpose is the reduction of object sets, or even of variables, to a smaller number of information entities, which are the classes or the clusters. Nevertheless, although cluster analysis, viewed as a collection of methods and techniques used for the classification of objects, is applied in the space of variables, we notice the frequent use of these techniques of analysis for the classification of objects. In this paper we have shown how these techniques can be applied in the economic-financial field and how the number of classes in which companies can be divided can be detected by observing the existing latent structure
Authors and Affiliations
Ștefan-Alexandru Ionescu
Keywords
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