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The paper examines the Fractional Fourier Transform (FRFT) based technique as a tool for obtaining probability density function and its derivatives, and mainly for fitting stochastic model with the fundamental probabilistic relationships of…

Methodology · Statistics 2021-07-13 A. H. Nzokem

We investigate the total asymmetric exclusion process by analyzing the dynamics of the shock. Within this approach we are able to calculate the fluctuations of the number of particles and density profiles not only in the stationary state…

Statistical Mechanics · Physics 2010-05-11 Ludger Santen , Cecile Appert

We study the price dynamics of stocks traded in a financial market by considering the statistical properties both of a single time series and of an ensemble of stocks traded simultaneously. We use the $n$ stocks traded in the New York Stock…

Statistical Mechanics · Physics 2009-10-31 Fabrizio Lillo , Rosario N. Mantegna

For estimating a positive normal mean, Zhang and Woodroofe (2003) as well as Roe and Woodroofe (2000) investigate 100($1-\alpha)%$ HPD credible sets associated with priors obtained as the truncation of noninformative priors onto the…

Statistics Theory · Mathematics 2016-08-16 Éric Marchand , William E. Strawderman

The distribution of price returns for a class of uncorrelated diffusive dynamics is considered. The basic assumptions are (1) that there is a "consensus" value associated with a stock, and (2) that the rate of diffusion depends on the…

Other Condensed Matter · Physics 2008-12-02 A. L. Alejandro-Quinones , K. E. Bassler , M. Field , J. L. McCauley , M. Nicol , I. Timofeyef , A. Torok , G. H. Gunaratne

The rate equation for exchange-driven aggregation of monomers between clusters of size $n$ by power-law exchange rate ($\sim{n}^\alpha$), where detaching and attaching processes were considered separately, is reduced to Fokker-Planck…

Statistical Mechanics · Physics 2012-02-14 Yu. G. Gordienko

Bit-flip mutation is a common mutation operator for evolutionary algorithms applied to optimize functions over binary strings. In this paper, we develop results from the theory of landscapes and Krawtchouk polynomials to exactly compute the…

Discrete Mathematics · Computer Science 2014-09-15 Francisco Chicano , Andrew M. Sutton , L. Darrell Whitley , Enrique Alba

We introduce When Alpha Disappears, a paired evaluation benchmark for diagnosing decision-time leakage in financial machine-learning backtests. Rather than treating leakage as a binary property, the benchmark estimates protocol-induced…

Risk Management · Quantitative Finance 2026-05-26 Fan Zhang , Zhen Li , Sijia Peng , Yu Chen

The sporadic large fluctuations are seen in the stock market due to changes in fundamental parameters, technical setups, and external factors. These large fluctuations are termed as Extreme Events (EE). The EEs may be positive or negative…

Statistical Finance · Quantitative Finance 2023-08-09 Anish Rai , Salam Rabindrajit Luwang , Md Nurujjaman , Chittaranjan Hens , Pratyay Kuila , Kanish Debnath

Let X,Y,B be three independent random variables such that $X$ has the same distribution function as Y B. Assume that B is a Beta random variable with positive parameters a,b and Y has distribution function H. Pakes and Navarro (2007) show…

Probability · Mathematics 2013-05-14 Enkelejd Hashorva , Anthony Pakes

The Hartman-Watson distribution with density $f_r(t)$ is a probability distribution defined on $t \geq 0$ which appears in several problems of applied probability. The density of this distribution is expressed in terms of an integral…

Probability · Mathematics 2024-12-20 Dan Pirjol

A new functional form for the exchange enhancement in the generalized gradient approximation within density functional theory is given. The functional form satisfies the constraints used to construct the Perdew-Burke-Ernzerhof (PBE)…

Materials Science · Physics 2009-11-11 Georg K. H. Madsen

Recently it has been shown that the $\alpha$-Sun density $h(x)$ [{\it J. Math. Anal. Appl.}, {\bf 527} (2023), p. 127371] which interpolates between the Fr{\'e}chet density and that of the positive, stable distributions whose density is…

Classical Analysis and ODEs · Mathematics 2023-12-05 N. S. Witte

Investigating the power density spectrum of fluctuations in Rayleigh-Taylor (RT) interfacial mixing is a means of studying characteristic length- and time-scales, anisotropies and anomalous processes. Guided by group theory, analysing the…

Fluid Dynamics · Physics 2020-12-30 David Pfefferlé , Snezhana I Abarzhi

The spectrum of primordial fluctuations from inflation can be obtained using a mathematically controlled, and systematically extendable, uniform approximation. Closed-form expressions for power spectra and spectral indices may be found…

As for the Fourier transforms of positive and integrable functions supported in the unit interval, we make a list of improvements for P\'olya's results on the distribution of their positive zeros and give new sufficient conditions under…

Classical Analysis and ODEs · Mathematics 2021-10-06 Yong-Kum Cho , Young Woong Park

We explore a decomposition in which returns on a large class of portfolios relative to the market depend on a smooth non-negative drift and changes in the asset price distribution. This decomposition is obtained using general continuous…

Portfolio Management · Quantitative Finance 2018-10-31 Ricardo T. Fernholz , Caleb Stroup

We consider the asymptotic behaviour of the fluctuation process for large stochastic systems of interacting particles driven by both idiosyncratic and common noise with an interaction kernel \(k \in L^2(\R^d) \cap L^\infty(\R^d)\). Our…

Probability · Mathematics 2026-05-28 Paul Nikolaev

We find that in generic field theories the combined effect of fluctuations and interactions leads to a probability distribution function which describes fractional Brownian Motion (fBM) and ``complex behavior''. To show this we use the…

Statistical Mechanics · Physics 2009-11-07 David Hochberg , Juan Pérez-Mercader

The fluctuations of the current for the one-dimensional totally asymmetric exclusion process with $L$ sites are studied in the relaxation regime of times $T\sim L^{3/2}$. Using Bethe ansatz for the periodic system with an evolution…

Statistical Mechanics · Physics 2015-01-22 Sylvain Prolhac