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In this paper we propose a new model for pricing stock and dividend derivatives. We jointly specify dynamics for the stock price and the dividend rate such that the stock price is positive and the dividend rate non-negative. In its simplest…

Mathematical Finance · Quantitative Finance 2019-08-27 Sander Willems

Using analytic expressions, we explore the parameter space for hilltop inflation models with a potential of the form $V_0\pm m^2\phi^2 -a\phi^p$. With the positive sign and p>2 this converts the original hybrid inflation model into a…

High Energy Physics - Phenomenology · Physics 2008-11-26 Kazunori Kohri , Chia-Min Lin , David H. Lyth

The CP asymmetry in $B^0\to K^+\pi^-$ is expected to be similar to that in $B^+\to K^+\pi^0$. The experimental data however show $\sim 5\sigma$ difference between the two, leading to the so called $\Delta {A}_{K\pi}$ puzzle. Employing sum…

High Energy Physics - Phenomenology · Physics 2008-12-02 Namit Mahajan

By generating prediction intervals (PIs) to quantify the uncertainty of each prediction in deep learning regression, the risk of wrong predictions can be effectively controlled. High-quality PIs need to be as narrow as possible, whilst…

Machine Learning · Computer Science 2023-02-03 Haocheng Lei , Anthony Bellotti

We construct a price impact model between stocks in a correlated market. For the price change of a given stock induced by the short-run liquidity of this stock itself and of the information about other stocks, we introduce a self- and a…

Trading and Market Microstructure · Quantitative Finance 2019-04-23 Shanshan Wang , Thomas Guhr

Motivated by Planck confirmation of an anomalously low value of the CMB temperature fluctuations up to multipole $\ell<40$, we in this paper try to explain such feature by investigating case of punctuated inflation scenario. This form of…

Cosmology and Nongalactic Astrophysics · Physics 2017-04-11 Mussadiq H. Qureshi , Asif Iqbal , Manzoor A. Malik , Tarun Souradeep

Homeowners, first-time buyers, banks, governments and construction companies are highly interested in following the state of the property market. Currently, property price indexes are published several months out of date and hence do not…

Applications · Statistics 2020-09-23 Robert Miller , Phil Maguire

Cryptocurrencies are digital tokens built on blockchain technology, with thousands actively traded on centralized exchanges (CEXs). Unlike stocks, which are backed by real businesses, cryptocurrencies are recognized as a distinct class of…

Statistical Finance · Quantitative Finance 2025-04-18 Yu Zhang , Zelin Wu , Claudio Tessone

This paper synthesizes evidence on climate change impacts specific to U.S. populations. We develop an apples-to-apples comparison of econometric studies that empirically estimate the relationship between climate change and gross domestic…

Generic features of models of inflation obtained from string compactifications are the correlations between the model parameters and the postinflationary evolution of the universe. Thus, the postinflationary evolution depends on the…

Cosmology and Nongalactic Astrophysics · Physics 2021-01-01 Sukannya Bhattacharya , Koushik Dutta , Mayukh Raj Gangopadhyay , Anshuman Maharana , Kajal Singh

In an attempt to provide an answer to the increasing criticism against p-values and to bridge the gap between statistical inference and prediction modelling, we introduce the probability of improved prediction (PIP). In general, the PIP is…

Methodology · Statistics 2024-05-28 Olivier Thas , Stijn Jaspers

We revisit the problem of predicting directional movements of stock prices based on news articles: here our algorithm uses daily articles from The Wall Street Journal to predict the closing stock prices on the same day. We propose a unified…

Machine Learning · Computer Science 2014-07-03 Felix Ming Fai Wong , Zhenming Liu , Mung Chiang

We address the question of how stock prices respond to changes in demand. We quantify the relations between price change $G$ over a time interval $\Delta t$ and two different measures of demand fluctuations: (a) $\Phi$, defined as the…

Statistical Mechanics · Physics 2009-11-07 Vasiliki Plerou , Parameswaran Gopikrishnan , Xavier Gabaix , H. Eugene Stanley

We analyze a fixed panel of S\&P 500 stocks from 1996 to 2026 using complementary static and kinetic Ising models applied to daily binary open-to-close movements. The static pairwise model provides a long-run maximum-entropy summary of…

Applications · Statistics 2026-05-26 Sebin Oh , Marta C. Gonzáleza , Ziqi Wang

The combination of the data from the Dark Energy Spectroscopic Instrument (DESI) with the recent measurements from the Atacama Cosmology Telescope (ACT) indicate that the scalar spectral index \( n_s \) has a larger value than the Planck…

Cosmology and Nongalactic Astrophysics · Physics 2026-04-02 Jureeporn Yuennan , Farruh Atamurotov , Phongpichit Channuie

Accurate day-ahead electricity price forecasting is essential for residential welfare, yet current methods often fall short in forecast accuracy. We observe that commonly used time series models struggle to utilize the prior correlation…

Machine Learning · Computer Science 2024-08-20 Linian Wang , Jianghong Liu , Huibin Zhang , Leye Wang

Forecasting stock returns is a challenging problem due to the highly stochastic nature of the market and the vast array of factors and events that can influence trading volume and prices. Nevertheless it has proven to be an attractive…

Statistical Finance · Quantitative Finance 2021-09-15 Rian Dolphin , Barry Smyth , Yang Xu , Ruihai Dong

--- the companies populating a Stock market, along with their connections, can be effectively modeled through a directed network, where the nodes represent the companies, and the links indicate the ownership. This paper deals with this…

Statistical Finance · Quantitative Finance 2018-07-26 Roy Cerqueti , Giulia Rotundo , Marcel Ausloos

We introduce an innovative framework that leverages advanced big data techniques to analyze dynamic co-movement between stocks and their underlying fundamentals using high-frequency stock market data. Our method identifies leading…

Statistical Finance · Quantitative Finance 2024-11-07 Lyuhong Wang , Jiawei Jiang , Yang Zhao

In this work, we adapt a Monte Carlo algorithm introduced by Broadie and Glasserman (1997) to price a $\pi$-option. This method is based on the simulated price tree that comes from discretization and replication of possible trajectories of…

Computational Finance · Quantitative Finance 2020-08-26 Zbigniew Palmowski , Tomasz Serafin