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The time series multifractal (upper panel), monofractal (middle panel), and whitenoise (lower panel) with zero average (red dashed lines) and ±1 RMS (red solid lines). All time series have equal RMS = 1, but quite different structure. RMS is only sensitive to differences in the amplitude of variation and not differences in the structure of variation. Notice the different scaling for the vertical axis of the multifractal time series.
