Intermittent fluctuations are the consequence of the dynamic interactions of multiple coherent or pseudocoherent structures of varied sizes in the stochastic media (Chang, 1999) . We briefly review here a recently developed technique, the Rank-Ordered Multifractal Analysis (ROMA), which is both physically explicable and quantitatively accurate in deciphering the multifractal characteristics of such intermittent structures . The utility of the method is demonstrated using results obtained from

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... rge-scale 2-D MHD simulations as well as insitu observations of magnetic field fluctuations from the interplanetary and magnetospheric cusp regions, and the broadband electric field oscillations from the auroral zone.