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Taylor Effect: It is by now well established in the financial econometrics literature that high frequency time series of financial returns are often uncorrelated but not independent because there are non-linear transformations which are positively correlated. In 1986 Taylor observed that the empirical sample autocorrelations of absolute returns, |r|, are usually larger than those of squared returns, |r|^2. A similar phenomena is observed by Ding et al. (1993) who examined daily returns of the S&P 500 index and conclude that, for this particular series, the autocorrelations of absolute returns raised to the power of θ are maximized when θ is around 1, that is, the largest autocorrelations are found in the absolute returns. Granger and Ding (1995) denote this empirical property of financial returns as Taylor Effect. Therefore, if rt, t = 1,...T, is the series of returns and ρθ(k) denotes the sample autocorrelation of order k of |rt|θ, θ > 0, the Taylor effect can be defined as follows:

ρ1(k) > ρθ(k) for any θ ≠ 1.

However, Granger and Ding (1994, 1996) analyze several series of daily exchange rates and individual stock prices, and conclude that the maximum autocorrelation is not always obtained when θ = 1 but for smaller values of θ. Nevertheless, they point out that the autocorrelations of absolute returns are always larger than the autocorrelations of squares. [1] This can also be observed when looking at USDCHF High Frequency FX rates (1996-04-01 00:00:00 to 2001-03-30 23:30:00; 62,496 observations):
usdchfhist
teffectPlot, k = 1,...,10:
taylor_effect_rmetrics
Scaling Law: Some financial time series show a selfsimilar behavior under temporal aggregation. The 'empirical scaling law' relates the average of the unconditional volatility, measured as the absolute value of the return, r(ti), over a time interval to the size of the time interval:
scalinglawformula
where the drift exponent 1/E is an estimated constant that Müller et al. (1990) find to be similar across different currencies and ΔT is a time constant that depends on the currency [2]. The Wiener process, a continuous Gaussian random walk, exhibits a scaling law with a drift exponent of 0.5 (slope of green line). The estimated drift component for the USDCHF series is 0.52, which is actually not statistically different from 0.5:
scalinglaw
For more information see Fractals and Intrinsic Time - A Challenge to Econometricians.

Here is the official Rmetrics site.

[1]: see Stochastic Volatility Models and the Taylor Effect, Alberto Mora-Galán and Ana Pérez and Esther Ruiz
[2] see The Impact of News on Foreign Exchange Rates: Evidence from High Frequency Data, Dirk Eddelbuettel and Thomas H. McCurdy
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היום אחת האטרקציות הנפוצות ביותר היום היא הכנת קליפים לבר מצווה. קליפים לבר מצווה הם סרטונים קצרים שמטרתם לסקור את חייו של נער בר המצווה ולהדגיש את הייחודיות שלו, את האופי שלו, את התחביבים שלו ועוד. זוהי מעין מזכרת מעניינת ומיוחדת מבר המצווה. את הקליפ מקרינים בדרך כלל במהלך אירוע בר המצווה לכל המשתתפים קליפ בר מצווה 
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