{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,1,23]],"date-time":"2026-01-23T15:36:38Z","timestamp":1769182598318,"version":"3.49.0"},"reference-count":14,"publisher":"Wiley","issue":"1","license":[{"start":{"date-parts":[[2022,3,21]],"date-time":"2022-03-21T00:00:00Z","timestamp":1647820800000},"content-version":"vor","delay-in-days":79,"URL":"http:\/\/creativecommons.org\/licenses\/by\/4.0\/"},{"start":{"date-parts":[[2022,1,1]],"date-time":"2022-01-01T00:00:00Z","timestamp":1640995200000},"content-version":"tdm","delay-in-days":0,"URL":"http:\/\/doi.wiley.com\/10.1002\/tdm_license_1.1"}],"funder":[{"DOI":"10.13039\/501100001809","name":"National Natural Science Foundation of China","doi-asserted-by":"publisher","award":["71804089"],"award-info":[{"award-number":["71804089"]}],"id":[{"id":"10.13039\/501100001809","id-type":"DOI","asserted-by":"publisher"}]},{"DOI":"10.13039\/501100002338","name":"Ministry of Education of the People's Republic of China","doi-asserted-by":"publisher","award":["18YJCZH034"],"award-info":[{"award-number":["18YJCZH034"]}],"id":[{"id":"10.13039\/501100002338","id-type":"DOI","asserted-by":"publisher"}]},{"DOI":"10.13039\/501100002338","name":"Ministry of Education of the People's Republic of China","doi-asserted-by":"publisher","award":["19YJC790128"],"award-info":[{"award-number":["19YJC790128"]}],"id":[{"id":"10.13039\/501100002338","id-type":"DOI","asserted-by":"publisher"}]}],"content-domain":{"domain":["onlinelibrary.wiley.com"],"crossmark-restriction":true},"short-container-title":["Complexity"],"published-print":{"date-parts":[[2022,1]]},"abstract":"<jats:p>The volatility of Shanghai crude oil futures prices is researched in this paper. The cusp catastrophe analysis of Shanghai crude oil futures price is based on the perspective of volatility influencing factors. Some important factors are selected based on commodity attributes and financial attributes, including certain China\u2019s macrofactors, such as producer price index and macroeconomic prosperity index. The principal component analysis is used to process the factors. The control variables of the cusp catastrophe model are extracted. The discriminant of the cusp catastrophe model and the principal component analysis are combined to determine the month of mutation. The three\u2010dimensional renderings and plane projections of Shanghai crude oil futures price mutations in 2018 and 2019 are presented. The model is tested by comparing the time points of price sudden change nodes and emergencies. The results show that only nine factors can be used to roughly determine whether the Shanghai crude oil futures price has a sudden change. During the analysis period, the mutation months are May 2018, December 2018, February 2019, June 2019, and September 2019. It can be proved that the established model has certain feasibility and accuracy.<\/jats:p>","DOI":"10.1155\/2022\/5367693","type":"journal-article","created":{"date-parts":[[2022,3,21]],"date-time":"2022-03-21T15:35:09Z","timestamp":1647876909000},"update-policy":"https:\/\/doi.org\/10.1002\/crossmark_policy","source":"Crossref","is-referenced-by-count":2,"title":["The Catastrophe Analysis of Shanghai Crude Oil Futures Price from the Perspective of Volatility Factors"],"prefix":"10.1155","volume":"2022","author":[{"ORCID":"https:\/\/orcid.org\/0000-0002-3091-6672","authenticated-orcid":false,"given":"Weifeng","family":"Gong","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0001-7474-641X","authenticated-orcid":false,"given":"Yahui","family":"Li","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-3559-9813","authenticated-orcid":false,"given":"Chuanhui","family":"Wang","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0001-8565-8706","authenticated-orcid":false,"given":"Haixia","family":"Zhang","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Zhengjie","family":"Zhai","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"311","published-online":{"date-parts":[[2022,3,21]]},"reference":[{"key":"e_1_2_11_1_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.irfa.2005.01.002"},{"key":"e_1_2_11_2_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.eneco.2014.12.004"},{"key":"e_1_2_11_3_2","first-page":"168","article-title":"Structural mutation and sustained economic growth\u2014based on panel data analysis of 157 countries","volume":"34","author":"Pan Q.","year":"2019","journal-title":"Journal of Tsinghua University (Philosophy and Social Sciences)"},{"key":"e_1_2_11_4_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.iref.2012.06.008"},{"key":"e_1_2_11_5_2","first-page":"160","article-title":"Research on structural abrupt change of stock market based on bayesian statistics","author":"Zeng Z. 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H.","year":"2014","journal-title":"Research on The Generalized Fictitious Economy"},{"key":"e_1_2_11_12_2","first-page":"100","article-title":"The Judge of financial system stability based on entropy and catastrophe theory","author":"Qiu Y. K.","year":"2014","journal-title":"Journal of Technical Economics & Management"},{"key":"e_1_2_11_13_2","first-page":"55","article-title":"Stochastic cusp catastrophe model for Chinese stock market","volume":"31","author":"Lin L.","year":"2016","journal-title":"Journal of Systems Engineering"},{"key":"e_1_2_11_14_2","first-page":"125","article-title":"The cusp catastrophe model of securities return","volume":"20","author":"Li Z. M.","year":"2003","journal-title":"Journal of Xinjiang University (Natural Science Edition)"}],"container-title":["Complexity"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/onlinelibrary.wiley.com\/doi\/pdf\/10.1155\/2022\/5367693","content-type":"application\/pdf","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/onlinelibrary.wiley.com\/doi\/full-xml\/10.1155\/2022\/5367693","content-type":"application\/xml","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/onlinelibrary.wiley.com\/doi\/pdf\/10.1155\/2022\/5367693","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2026,1,22]],"date-time":"2026-01-22T21:16:33Z","timestamp":1769116593000},"score":1,"resource":{"primary":{"URL":"https:\/\/onlinelibrary.wiley.com\/doi\/10.1155\/2022\/5367693"}},"subtitle":[],"editor":[{"given":"M. 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