English

Local Asymptotic Normality for Mixed Fractional Brownian Motion with $0<H<3/4$

Statistics Theory 2026-01-01 v1 Statistics Theory

Abstract

This paper establishes the Local Asymptotic Normality (LAN) property for the mixed fractional Brownian motion under high-frequency observations with Hurst index H(0,3/4)H \in (0, 3/4). The simultaneous estimation of the volatility and the Hurst index encounters a degeneracy problem in the Fisher information matrix.

Keywords

Cite

@article{arxiv.2512.24042,
  title  = {Local Asymptotic Normality for Mixed Fractional Brownian Motion with $0<H<3/4$},
  author = {Chunhao Cai},
  journal= {arXiv preprint arXiv:2512.24042},
  year   = {2026}
}