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An innovative extension of Geometric Brownian Motion model is developed by incorporating a weighting factor and a stochastic function modelled as a mixture of power and trigonometric functions. Simulations based on this Modified Brownian…

Pricing of Securities · Quantitative Finance 2015-07-09 Gurjeet Dhesi , Muhammad Bilal Shakeel , Ling Xiao

We study the motion of a random walker in one longitudinal and d transverse dimensions with a quenched power law correlated velocity field in the longitudinal x-direction. The model is a modification of the Matheron-de Marsily (MdM) model,…

Statistical Mechanics · Physics 2007-05-23 Soumen Roy , Dibyendu Das

Security of oscillatory true random number generators remains not fully understood due to insufficient understanding of complex $1/f^\alpha$ phase noise. To bridge this gap, we introduce fractional Brownian motion as a comprehensive…

Cryptography and Security · Computer Science 2025-05-30 Maciej Skorski

We derive some maximal inequalities for the bifractional Brownian motion using comparison theorems for Gaussian processes.

Probability · Mathematics 2024-06-12 B. L. S. Prakasa Rao

This paper is devoted to establish an invariance principle where the limit process is a multifractional Gaussian process with a multifractional function which takes its values in $(1/2,1)$. Some properties, such as regularity and local…

Probability · Mathematics 2009-09-29 Serge Cohen , Renaud Marty

Occupation time fluctuation limits of particle systems in R^d with independent motions (symmetric stable Levy process, with or without critical branching) have been studied assuming initial distributions given by Poisson random measures…

Probability · Mathematics 2012-03-14 Tomasz Bojdecki , Luis G. Gorostiza , Anna Talarczyk

Brownian motions in the infinite-dimensional group of all unitary operators are studied under strong continuity assumption rather than norm continuity. Every such motion can be described in terms of a countable collection of independent…

Probability · Mathematics 2007-05-23 Boris Tsirelson

Meerschaert and Sabzikar [12], [13] introduced tempered fractional Brownian/stable motion (TFBM/TFSM) by including an exponential tempering factor in the moving average representation of FBM/FSM. The present paper discusses another tempered…

Probability · Mathematics 2017-02-24 Farzad Sabzikar , Donatas Surgailis

In this paper we investigate the parametric inference for the linear fractional stable motion in high and low frequency setting. The symmetric linear fractional stable motion is a three-parameter family, which constitutes a natural…

Methodology · Statistics 2018-02-20 Stepan Mazur , Dmitry Otryakhin , Mark Podolskij

Financial markets have long since been modeled using stochastic methods such as Brownian motion, and more recently, rough volatility models have been built using fractional Brownian motion. This fractional aspect brings memory into the…

Statistical Finance · Quantitative Finance 2024-07-01 Patrick Geraghty

The purpose of this paper is to establish the multivariate normal convergence for the average of certain Volterra processes constructed from a fractional Brownian motion with Hurst parameter H>1/2. Some applications to parameter estimation…

Probability · Mathematics 2015-02-12 Ivan Nourdin , David Nualart , Rola Zintout

This paper addresses the problem of estimating drift parameter of the Ornstein - Uhlenbeck type process, driven by the sum of independent standard and fractional Brownian motions. The maximum likelihood estimator is shown to be consistent…

Probability · Mathematics 2018-08-03 Pavel Chigansky , Marina Kleptsyna

The purpose of this paper is to study the convergence in distribution of two subsequences of the signed cubic variation of the fractional Brownian motion with Hurst parameter $H=1/6$. We prove that, under some conditions on both…

Probability · Mathematics 2012-10-05 Krzysztof Burdzy , David Nualart , Jason Swanson

The question how the extremal values of a stochastic process achieved on different time intervals are correlated to each other has been discussed within the last few years on examples of the running maximum of a Brownian motion, of a…

Statistical Mechanics · Physics 2019-09-04 Brandon Annesi , Enzo Marinari , Gleb Oshanin

We consider $n$ independent, identically distributed one-dimensional Brownian motions, $B_j(t)$, where $B_j(0)$ has a rapidly decreasing, smooth density function $f$. The empirical quantiles, or pointwise order statistics, are denoted by…

Probability · Mathematics 2010-08-19 Jason Swanson

In this paper, we prove maximal inequalities and study the functional central limit theorem for the partial sums of linear processes generated by dependent innovations. Due to the general weights, these processes can exhibit long-range…

Statistics Theory · Mathematics 2011-03-21 Jérôme Dedecker , Florence Merlevède , Magda Peligrad

This paper proposes a new fBm (fractional Brownian motion) interpolation/reconstruction method from partially known samples based on CS (Compressive Sampling). Since 1/f property implies power law decay of the fBm spectrum, the fBm signals…

Numerical Analysis · Computer Science 2011-05-31 Andriyan Bayu Suksmono

Complex systems are composed of mutually interacting components and the output values of these components are usually long-range cross-correlated. We propose a method to characterize the joint multifractal nature of such long-range cross…

Statistical Finance · Quantitative Finance 2018-02-27 Zhi-Qiang Jiang , Xing-Lu Gao , Wei-Xing Zhou , H. Eugene Stanley

A time-changed mixed fractional Brownian motion is an iterated process constructed as the superposition of mixed fractional Brownian motion and other process. In this paper we consider mixed fractional Brownian motion of parameters a, b and…

Probability · Mathematics 2021-02-23 Ezzedine Mliki , Shaykhah Alajmi

In this paper, firstly, we generalize the definition of the bifractional Brownian motion $B^{H,K}:=\Big(B^{H,K}\;;\;t\geq 0\Big)$, with parameters $H\in(0,1)$ and $K\in(0,1]$, to the case where $H$ is no longer a constant, but a function…

Probability · Mathematics 2020-04-09 M. Ait Ouahra , M. Mellouk , H. Ouahhabi , A. Sghir
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