In the Exploring Patterns in Nature tutorials, we observed how disordered, irregular, fractal patterns can be quantified in terms of their spatial fractal dimension. Here we study fractal (and multifractal) patterns of a different sort: patterns in time.
This overview attempts to give a short operational review of
multifractality in time series. For this reason, formal definitions
and derivations are not discussed; see Refs. 1-4 for more in-depth
Software for multifractal analysis of time series is available here.