Machado, J. A. TenreiroDuarte, Fernando B.Duarte, Gonçalo Monteiro2014-03-052014-03-052011007-5704http://hdl.handle.net/10400.22/4103We propose a graphical method to visualize possible time-varying correlations between fifteen stock market values. The method is useful for observing stable or emerging clusters of stock markets with similar behaviour. The graphs, originated from applying multidimensional scaling techniques (MDS), may also guide the construction of multivariate econometric models.engMultidimensional scalingStock market daily valuesTime-varying correlationEconophysicsjournal article10.1016/j.cnsns.2011.04.027