English
Related papers

Related papers: Convergence rates for the full Gaussian rough path…

200 papers

In this note, we provide a non trivial example of differential equation driven by a fractional Brownian motion with Hurst parameter 1/3 < H < 1/2, whose solution admits a smooth density with respect to Lebesgue's measure. The result is…

Probability · Mathematics 2013-12-19 Yaozhong Hu , Samy Tindel

This work focuses on a slow-fast system perturbed by mixed fractional Brownian motion with Hurst parameter $H\in(1/2,1)$. The integral with respect to fractional Brownian motion is the generalized Riemann-Stieltjes integral and the integral…

Probability · Mathematics 2024-10-21 Yuzuru Inahama , Yong Xu , Xiaoyu Yang

We show that the tail probability of the rough line integral $\int_{0}^{1}\phi(X_{t})dY_{t}$, where $(X,Y)$ is a 2D fractional Brownian motion with Hurst parameter $H\in(1/4,1/2)$ and $\phi$ is a $C_{b}^{\infty}$-function satisfying a mild…

Probability · Mathematics 2022-11-07 Horatio Boedihardjo , Xi Geng

The present article is devoted to a fine study of the convergence of renormalized weighted quadratic and cubic variations of a fractional Brownian motion $B$ with Hurst index $H$. In the quadratic (resp. cubic) case, when $H<1/4$ (resp.…

Probability · Mathematics 2009-01-19 Ivan Nourdin

In this paper, we consider the problem of estimating the drift parameter of solution to the stochastic differential equation driven by a fractional Brownian motion with Hurst parameter less than $1/2$ under complete observation. We derive a…

Statistics Theory · Mathematics 2018-07-11 Kohei Chiba

With $M(t):=\sup_{s\in[0,t]}A(s)-s$ denoting the running maximum of a fractional Brownian motion $A(\cdot)$ with negative drift, this paper studies the rate of convergence of $\mathbb {P}(M(t)>x)$ to $\mathbb{P}(M>x)$. We define two metrics…

Probability · Mathematics 2009-09-01 Michel Mandjes , Ilkka Norros , Peter Glynn

We consider the stochastic continuity equation perturbed by a fractional Brownian motion and the drift is allowed to be discontinuous. We show that for almost all paths of the fractional Brownian motion there exists a solution to the…

Probability · Mathematics 2018-06-26 Torstein Nilssen

We consider finite dimensional rough differential equations driven by centered Gaussian processes. Combining Malliavin calculus, rough paths techniques and interpolation inequalities, we establish upper bounds on the density of the…

Probability · Mathematics 2020-06-18 Benjamin Gess , Cheng Ouyang , Samy Tindel

We construct a $K$-rough path above either a space-time or a spatial fractional Brownian motion, in any space dimension $d$. This allows us to provide an interpretation and a unique solution for the corresponding parabolic Anderson model,…

Probability · Mathematics 2020-09-09 Xia Chen , Aurélien Deya , Cheng Ouyang , Samy Tindel

We study the first-passage time, the distribution of the maximum, and the absorption probability of fractional Brownian motion of Hurst parameter $H$ with both a linear and a non-linear drift. The latter appears naturally when applying…

Statistical Mechanics · Physics 2020-08-12 Maxence Arutkin , Benjamin Walter , Kay Joerg Wiese

We consider stochastic differential equations of the form $dY_t=V(Y_t)\,dX_t+V_0(Y_t)\,dt$ driven by a multi-dimensional Gaussian process. Under the assumption that the vector fields $V_0$ and $V=(V_1,\ldots,V_d)$ satisfy H\"{o}rmander's…

Probability · Mathematics 2015-01-21 Thomas Cass , Martin Hairer , Christian Litterer , Samy Tindel

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 consider rough stochastic volatility models where the driving noise of volatility has fractional scaling, in the "rough" regime of Hurst parameter $H < 1/2$. This regime recently attracted a lot of attention both from the statistical and…

Pricing of Securities · Quantitative Finance 2018-03-12 Christian Bayer , Peter K. Friz , Archil Gulisashvili , Blanka Horvath , Benjamin Stemper

In this article, we obtain a super-exponential rate of convergence in total variation between the traces of the first $m$ powers of an $n\times n$ random unitary matrices and a $2m$-dimensional Gaussian random variable. This generalizes…

Probability · Mathematics 2020-02-06 Kurt Johansson , Gaultier Lambert

This paper deals with the identification of the multivariate fractional Brownian motion, a recently developed extension of the fractional Brownian motion to the multivariate case. This process is a $p$-multivariate self-similar Gaussian…

Statistics Theory · Mathematics 2011-11-16 Pierre-Olivier Amblard , Jean-François Coeurjolly

We study rates of convergence in central limit theorems for partial sum of functionals of general stationary and non-stationary Gaussian sequences, using optimal tools from analysis on Wiener space. We apply our result to study drift…

Statistics Theory · Mathematics 2016-03-16 Khalifa Es-Sebaiy , Frederi Viens

We study the concept of quadratic variation of a continuous path along a sequence of partitions and its dependence with respect to the choice of the partition sequence. We define the concept of quadratic roughness of a path along a…

Probability · Mathematics 2022-03-15 Rama Cont , Purba Das

This work focuses on the Laplace approximation for the rough differential equation (RDE) driven by mixed rough path with as . Firstly, based on geometric rough path lifted from mixed fractional Brownian motion (fBm), the Schilder-type large…

Probability · Mathematics 2022-06-14 Xiaoyu Yang , Yong Xu , Bin Pei

Stochastic volatility models based on Gaussian processes, like fractional Brownian motion, are able to reproduce important stylized facts of financial markets such as rich autocorrelation structures, persistence and roughness of sample…

Probability · Mathematics 2022-05-10 Eduardo Abi Jaber

We consider a class of stochastic processes with rough stochastic volatility, examples of which include the rough Bergomi and rough Stein-Stein model, that have gained considerable importance in quantitative finance. A basic question for…

Computational Finance · Quantitative Finance 2025-07-17 Peter K. Friz , William Salkeld , Thomas Wagenhofer