Analysis of the chaotic behavior for BIST 100

Abstract

The aim of this study is to determine how the external influences such as an economic crisis change the behavior of the BIST 100 index between 04.01.1988-19.02.2019 by considering the chaotic characteristics of the series. Taking into account the chaotic features in explaining the behavior of the BIST 100 and examining the relationship between the periods of crisis according to these characteristics reveals a different aspect from the studies in the literature. It was found that the BIST 100 index had the chaotic properties and the entropy values could be used as a tool for detecting the beginning of crises. © Peter Lang AG 2019.