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Brownian motion is the only random process which is Gaussian, stationary and Markovian. Dropping the Markovian property, i.e. allowing for memory, one obtains a class of processes called fractional Brownian motion, indexed by the Hurst…

Statistical Mechanics · Physics 2016-07-27 Mathieu Delorme , Kay Jörg Wiese

We consider slow / fast systems where the slow system is driven by fractional Brownian motion with Hurst parameter $H>{1\over 2}$. We show that unlike in the case $H={1\over 2}$, convergence to the averaged solution takes place in…

Probability · Mathematics 2023-03-07 Martin Hairer , Xue-Mei Li

Let $B=\{(B_{t}^{1},..., B_{t}^{d}), t\geq 0\}$ be a $d$-dimensional fractional Brownian motion with Hurst parameter $H$ and let $R_{t}=% \sqrt{(B_{t}^{1})^{2}+... +(B_{t}^{d})^{2}}$ be the fractional Bessel process. It\^{o}'s formula for…

Probability · Mathematics 2007-05-23 Yaozhong Hu , David Nualart

Let $\mu_t$ denote the critical derivative Gibbs measure of branching Brownian motion at time $t$. It has been proved by Madaule (Stochastic Process. Appl. 126 (2016), no. 2, 470--502) and Maillard and Zeitouni (Ann. Inst. Henri Poincar\'e…

Probability · Mathematics 2026-02-06 Pascal Maillard , Michel Pain

We prove functional central and non-central limit theorems for generalized variations of the anisotropic $d$-parameter fractional Brownian sheet (fBs) for any natural number $d$. Whether the central or the non-central limit theorem applies…

Probability · Mathematics 2016-03-31 Mikko S. Pakkanen , Anthony Réveillac

Hermite processes are self--similar processes with stationary increments which appear as limits of normalized sums of random variables with long range dependence. The Hermite process of order $1$ is fractional Brownian motion and the…

Probability · Mathematics 2014-07-22 Marianne Clausel , François Roueff , Murad Taqqu , Ciprian A. Tudor

We consider the paths of a Gaussian random process $x(t)$, $x(0)=0$ not exceeding a fixed positive level over a large time interval $(0,T)$, $T\gg 1$. The probability $p(T)$ of such event is frequently a regularly varying function at…

Probability · Mathematics 2009-09-29 G. Molchan , A. Khokhlov

We consider a system of multiscale stochastic differential equations whose slow component is drivenby a fractional Brownian motion with Hurst parameter H greater than 1/2. Under ergodic assumptions ensuring the applicability of the…

Probability · Mathematics 2025-12-10 Xue-Mei Li , Colin Piernot , Szymon Sobczak , Kexing Ying

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

In this paper, we present several path properties, simulations, inferences, and generalizations of the weighted sub-fractional Brownian motion. A primary focus is on the derivation of the covariance function $R_{f,b}(s,t)$ for the weighted…

Probability · Mathematics 2024-09-10 Ramirez-Gonzalez Jose Hermenegildo , Sun Ying

We study the functional link between the Hurst parameter and the Normalized Total Wavelet Entropy when analyzing fractional Brownian motion (fBm) time series--these series are synthetically generated. Both quantifiers are mainly used to…

Data Analysis, Statistics and Probability · Physics 2009-11-11 Dario G. Perez , Luciano Zunino , Mario Garavaglia , Osvaldo A. Rosso

We study distribution dependent stochastic differential equations with irregular, possibly distributional drift, driven by an additive fractional Brownian motion of Hurst parameter $H\in (0,1)$. We establish strong well-posedness under a…

Probability · Mathematics 2021-06-01 Lucio Galeati , Fabian A. Harang , Avi Mayorcas

This paper studies the first hitting times of generalized Poisson processes $N^f(t)$, related to Bernstein functions $f$. For the space-fractional Poisson processes, $N^\alpha(t)$, $t>0$ (corresponding to $f= x^\alpha$), the hitting…

Probability · Mathematics 2016-04-19 R. Garra , E. Orsingher , M. Scavino

Let $W$ denote the Brownian motion. For any exponentially bounded Borel function $g$ the function $u$ defined by $u(t,x)= \mathbb{E}[g(x{+}\sigma W_{T-t})]$ is the stochastic solution of the backward heat equation with terminal condition…

Probability · Mathematics 2019-02-04 Antti Luoto

We provide upper and lower bounds for the mean ${\mathscr M}(H)$ of $\sup_{t\geqslant 0} \{B_H(t) - t\}$, with $B_H(\cdot)$ a zero-mean, variance-normalized version of fractional Brownian motion with Hurst parameter $H\in(0,1)$. We find…

Probability · Mathematics 2023-06-22 Krzysztof Bisewski , Krzysztof Dębicki , Michel Mandjes

Our aim in this article is to provide explicit computable estimates for the cumulative distribution function (c.d.f.) and the $p$-th order moment of the exponential functional of a fractional Brownian motion (fBM) with drift. Using…

Probability · Mathematics 2024-03-18 José Alfredo López-Mimbela , Gerardo Pérez-Suárez

Rough volatility models are becoming increasingly popular in quantitative finance. In this framework, one considers that the behavior of the log-volatility process of a financial asset is close to that of a fractional Brownian motion with…

Probability · Mathematics 2018-05-17 Eyal Neuman , Mathieu Rosenbaum

In this paper we establish limit theorems for power variations of stochastic processes controlled by fractional Brownian motions with Hurst parameter $H\leq 1/2$. We show that the power variations of such processes can be decomposed into…

Probability · Mathematics 2023-09-08 Yanghui Liu , Xiaohua Wang

This paper aims to evaluate the Piterbarg-Berman function given by $$\mathcal{P\!B}_\alpha^h(x, E) = \int_\mathbb{R}e^z\mathbb{P} \left\{{\int_E \mathbb{I}\left(\sqrt2B_\alpha(t) - |t|^\alpha - h(t) - z>0 \right) {\text{d}} t > x} \right\}…

Statistics Theory · Mathematics 2019-05-24 Chengxiu Ling , Hong Zhang , Long Bai

In this paper we will consider the LAN property for both the Hurst parameter $H>3/4$ and the variance of the fractional Brownian motion plus an independent standard Brownian motion (called mixed fractional Brownian motion) with…

Probability · Mathematics 2026-01-21 Chunhao Cai , Yiwu Shang