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We construct a wavelet-based almost sure uniform approximation of fractional Brownian motion (fBm) B_t^(H), t in [0, 1], of Hurst index H in (0, 1). Our results show that by Haar wavelets which merely have one vanishing moment, an almost…

Probability · Mathematics 2013-07-04 Dawei Hong , Shushuang Man , Jean-Camille Birget , Desmond Lun

Let $B=(B_1(t),\ldots,B_d(t))$ be a $d$-dimensional fractional Brownian motion with Hurst index $\alpha<1/4$. Defining properly iterated integrals of $B$ is a difficult task because of the low H\"older regularity index of its paths. Yet…

Probability · Mathematics 2010-06-08 J. Magnen , J. Unterberger

In this work we study rough differential equations driven by a fractional Brownian motion with Hurst parameter H>1/4 and establish Varadhan's small time estimates for the density of solutions of such equations under Hormander's type…

Probability · Mathematics 2013-04-30 Fabrice Baudoin , Cheng Ouyang , Xuejing Zhang

This paper provides yet another look at the mixed fractional Brownian motion (fBm), this time, from the spectral perspective. We derive an approximation for the eigenvalues of its covariance operator, asymptotically accurate up to the…

Probability · Mathematics 2019-12-25 P. Chigansky , M. Kleptsyna , D. Marushkevych

We consider a rough differential equation indexed by a small parameter $\varepsilon>0$. When the rough differential equation is driven by fractional Brownian motion with Hurst parameter $H$ ($1/4<H<1/2$), we prove the Laplace-type…

Probability · Mathematics 2013-02-05 Yuzuru Inahama

In J. Phys. A: Math. Gen. 28, 4305 (1995), K. L. Sebastian gave a path integral computation of the propagator of subdiffusive fractional Brownian motion (fBm), i.e. fBm with a Hurst or self-similarity exponent $H\in(0,1/2)$. The extension…

Statistical Mechanics · Physics 2009-11-13 Ivan Calvo , Raul Sanchez

We study the two-dimensional fractional Brownian motion with Hurst parameter $H>{1/2}$. In particular, we show, using stochastic calculus, that this process admits a skew-product decomposition and deduce from this representation some…

Probability · Mathematics 2007-05-23 Fabrice Baudoin , David Nualart

We study the strong consistency and asymptotic normality of a least squares estimator of the drift coefficient in complex-valued Ornstein-Uhlenbeck processes driven by fractional Brownian motion, extending the results of Chen, Hu, Wang…

Probability · Mathematics 2024-06-27 Fares Alazemi , Abdulaziz Alsenafi , Yong Chen , Hongjuan Zhou

In this paper we prove a viability result for multidimensional, time dependent, stochastic differential equations driven by fractional Brownian motion with Hurst parameter1/2 < H < 1, using pathwise approach. The sufficient condition is…

Dynamical Systems · Mathematics 2008-09-01 Ioana Ciotir , Aurel Rascanu

In certain applications, for instance biomechanics, turbulence, finance, or Internet traffic, it seems suitable to model the data by a generalization of a fractional Brownian motion for which the Hurst parameter $H$ is depending on the…

Statistics Theory · Mathematics 2007-06-13 Jean-Marc Bardet , Pierre Bertrand

Fractional Brownian motion (fBm) is a centered self-similar Gaussian process with stationary increments, which depends on a parameter $H \in (0, 1)$ called the Hurst index. The use of time-changed processes in modeling often requires the…

Probability · Mathematics 2014-08-21 Jebessa B. Mijena

We prove a large deviation principle for the slow-fast rough differential equations under the controlled rough path framework. The driver rough paths are lifted from the mixed fractional Brownian motion with Hurst parameter $H\in…

Probability · Mathematics 2025-02-05 Xiaoyu Yang , Yong Xu

Fractional Brownian motion is a non-Markovian Gaussian process $X_t$, indexed by the Hurst exponent $H$. It generalises standard Brownian motion (corresponding to $H=1/2$). We study the probability distribution of the maximum $m$ of the…

Statistical Mechanics · Physics 2015-11-25 Mathieu Delorme , Kay Joerg Wiese

We find an explicit expression for the cross-covariance between stochastic integral processes with respect to a $d$-dimensional fractional Brownian motion (fBm) $B_t$ with Hurst parameter $H>1/2$, where the integrands are vector fields…

Probability · Mathematics 2016-12-16 Yohaï Maayan , Eddy Mayer-Wolf

Using structures of Abstract Wiener Spaces, we define a fractional Brownian field indexed by a product space $(0,1/2] \times L^2(T,m)$, $(T,m)$ a separable measure space, where the first coordinate corresponds to the Hurst parameter of…

Probability · Mathematics 2014-04-24 Alexandre Richard

This paper is devoted to studying the averaging principle for fast-slow system of rough differential equations driven by mixed fractional Brownian rough path. The fast component is driven by Brownian motion, while the slow component is…

Probability · Mathematics 2023-03-15 Bin Pei , Yuzuru Inahama , Yong Xu

In Ayache and Taqqu (2005), the multifractional Brownian (mBm) motion is obtained by replacing the constant parameter $H$ of the fractional Brownian motion (fBm) by a smooth enough functional parameter $H(.)$ depending on the time $t$.…

Methodology · Statistics 2011-10-14 Antoine Ayache , Pierre R. Bertrand

Consider the fractional Brownian Motion (fBM) $B^H=\{B^H(t): t \in [0,1] \}$ with Hurst index $H\in (0,1)$. We construct a probability space supporting both $B^H$ and a fully simulatable process $\hat B_{\epsilon}^H $ such that $$\sup_{t\in…

Probability · Mathematics 2019-02-22 Yi Chen , Jing Dong , Hao Ni

In this paper, we will evaluate integrals that define the conditional expectation, variance and characteristic function of stochastic processes with respect to fractional Brownian motion (fBm) for all relevant Hurst indices, i.e. $H \in…

Computational Finance · Quantitative Finance 2022-03-14 Fei Gao , Shuaiqiang Liu , Cornelis W. Oosterlee , Nico M. Temme

Closed-form expressions, parametrized by the Hurst exponent $H$ and the length $n$ of a time series, are derived for paths of fractional Brownian motion (fBm) and fractional Gaussian noise (fGn) in the $\mathcal{A}-\mathcal{T}$ plane,…

Data Analysis, Statistics and Probability · Physics 2020-01-01 Mariusz Tarnopolski