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We prove a functional limit theorem for vector-valued functionals of the fractional Ornstein-Uhlenbeck process, providing the foundation for the fluctuation theory of slow/fast systems driven by such a noise. Our main contribution is on the…

Probability · Mathematics 2023-03-07 Johann Gehringer , Xue-Mei Li

This paper deals with a projection least squares estimator of the function $J_0$ computed from multiple independent observations on $[0,T]$ of the process $Z$ defined by $dZ_t = J_0(t)d\langle M\rangle_t + dM_t$, where $M$ is a continuous…

Statistics Theory · Mathematics 2025-11-18 Nicolas Marie

Central limit theorems and asymptotic properties of the minimum-contrast estimators of the drift parameter in linear stochastic evolution equations driven by fractional Brownian motion are studied. Both singular ($H < \frac{1}{2})$ and…

Probability · Mathematics 2019-02-13 Pavel Kriz , Bohdan Maslowski

We construct fractional Brownian motion (fBm), sub-fractional Brownian motion (sub-fBm), negative sub-fractional Brownian motion (nsfBm) and the odd part of fBm in the sense of Dzhaparidze and van Zanten (2004) by means of limiting…

Probability · Mathematics 2012-03-14 Tomasz Bojdecki , Anna Talarczyk

This paper deals with nonparametric estimators of the drift function $b$ computed from independent continuous observations, on a compact time interval, of the solution of a stochastic differential equation driven by the fractional Brownian…

Statistics Theory · Mathematics 2025-10-16 Fabienne Comte , Nicolas Marie

In this paper, we consider the nonparametric estimation problem of the drift function of stochastic differential equations driven by $\alpha$-stable L\'{e}vy motion. First, the Kullback-Leibler divergence between the path probabilities of…

Statistics Theory · Mathematics 2022-10-12 Min Dai , Jinqiao Duan , Jianyu Hu , Xiangjun Wang

We investigate the sharp large deviation properties of the energy and the maximum likelihood estimator for the Ornstein-Uhlenbeck process driven by a fractional Brownian motion with Hurst index greater than one half.

Probability · Mathematics 2008-12-19 Bernard Bercu , Laure Coutin , Nicolas Savy

We consider the Graph Ornstein-Uhlenbeck (GrOU) process observed on a non-uniform discrete time grid and introduce discretised maximum likelihood estimators with parameters specific to the whole graph or specific to each component, or node.…

Methodology · Statistics 2022-07-12 Valentin Courgeau , Almut E. D. Veraart

The small noise cut-off phenomenon in continuous time and space has been studied in the recent literature for the linear and non-linear stable Langevin dynamics with additive L\'evy drivers - understood as abrupt thermalization of the…

Probability · Mathematics 2025-02-13 Gerardo Barrera , Michael A. Högele , Pauliina Ilmonen , Lauri Viitasaari

We introduce a new Gaussian process, a generalization of both fractional and subfractional Brownian motions, which could serve as a good model for a larger class of natural phenomena. We study its main stochastic properties and some…

Probability · Mathematics 2017-04-10 Mounir Zili

We consider the problem of parameter estimation for the partially observed linear stochastic differential equation. We assume that the unobserved Ornstein-Uhlenbeck process depends on some unknown parameter and estimate the unobserved…

Statistics Theory · Mathematics 2019-02-25 Yury A. Kutoyants

We investigate the large deviation properties of the maximum likelihood estimators for the Ornstein-Uhlenbeck process with shift. We estimate simultaneously the drift and shift parameters. On the one hand, we establish a large deviation…

Probability · Mathematics 2014-09-05 Bernard Bercu , Adrien Richou

First-passage time (FPT) of an Ornstein-Uhlenbeck (OU) process is of immense interest in a variety of contexts. This paper considers an OU process with two boundaries, one of which is absorbing while the other one could be either reflecting…

Optimization and Control · Mathematics 2017-03-28 Khem Raj Ghusinga , Vaibhav Srivastava , Abhyudai Singh

In this paper, we introduce a new class of estimators of the Hurst exponent of the fractional Brownian motion (fBm) process. These estimators are based on sample expectiles of discrete variations of a sample path of the fBm process. In…

Statistics Theory · Mathematics 2011-07-06 Jean-François Coeurjolly , Hedi Kortas

We combine earlier investigations of linear systems with L\'{e}vy fluctuations [Physica {\bf 113A}, 203, (1982)] with recent discussions of L\'{e}vy flights in external force fields [Phys.Rev. {\bf E 59},2736, (1999)]. We give a complete…

chao-dyn · Physics 2015-06-24 Piotr Garbaczewski , Robert Olkiewicz

We consider the problem of estimating the roughness of the volatility process in a stochastic volatility model that arises as a nonlinear function of fractional Brownian motion with drift. To this end, we introduce a new estimator that…

Statistical Finance · Quantitative Finance 2026-04-17 Xiyue Han , Alexander Schied

This short note is motivated by a recently discovered connection between a drift-diffusion process in $n$-dimensional Euclidean space with a divergence-free drift sampled from a stationary and isotropic Gaussian ensemble of critical scaling…

Probability · Mathematics 2026-03-20 Sefika Kuzgun , Felix Otto , Christian Wagner

The Ornstein-Uhlenbeck process is interpreted as Brownian motion in a harmonic potential. This Gaussian Markov process has a bounded variance and admits a stationary probability distribution, in contrast to the standard Brownian motion. It…

Statistical Mechanics · Physics 2023-06-07 Pece Trajanovski , Petar Jolakoski , Kiril Zelenkovski , Alexander Iomin , Ljupco Kocarev , Trifce Sandev

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

We present an innovating sensitivity analysis for stochastic differential equations: We study the sensitivity, when the Hurst parameter~$H$ of the driving fractional Brownian motion tends to the pure Brownian value, of probability…

Probability · Mathematics 2017-02-14 Alexandre Richard , Denis Talay