W. K. D. Hurst

W. K. D. Hurst was a British engineer and hydrologist renowned for developing the Hurst Exponent, a measure used to assess the memory and persistence of time series data, such as financial markets or natural phenomena. The Hurst Exponent helps determine whether a system’s future behavior is influenced by its past patterns—whether trends tend to continue or revert. This tool is valuable in fields like finance, geology, and hydrology for analyzing data trends, forecasting future values, and understanding the underlying dynamics of complex systems.