What is the meaning of Nonstationary?

Nonstationary refers to a time series or time series process which has no natural mean. This condition is an accurate representation of many financial time series such as stocks or volatilities. This compares to Stationary.

4
 
|15 years ago|413 views|share |citing 
APABarry Goldsmith. (2010). Nonstationary. Retrieved September 26, 2026, from http://smartdefine.org/nonstationary/definitions/1159315
ChicagoBarry Goldsmith. 2010. "Nonstationary" http://smartdefine.org/nonstationary/definitions/1159315 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, Nonstationary, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/nonstationary/definitions/1159315>.
MLABarry Goldsmith. "Nonstationary" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/nonstationary/definitions/1159315>