  Level fluctuations in quantum system have been used to characterize quantum
chaos using random matrix models. Recently time series methods were used to
relate level fluctuations to the classical dynamics in the regular and chaotic
limit. In this we show that the spectrum of the system undergoing order to
chaos transition displays a characteristic $f^{-\gamma}$ noise and $\gamma$ is
correlated with the classical chaos in the system. We demonstrate this using a
smooth potential and a time-dependent system modeled by Gaussian and circular
ensembles respectively of random matrix theory. We show the effect of short
periodic orbits on these fluctuation measures.
