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It is shown that statistics of records for time series generated by random walks are independent of the details of the jump distribution, as long as the latter is continuous and symmetric. In N steps, the mean of the record distribution…

Statistical Mechanics · Physics 2008-08-04 Satya N. Majumdar , Robert M. Ziff

We study the record statistics of random walks after $n$ steps, $x_0, x_1,\ldots, x_n$, with arbitrary symmetric and continuous distribution $p(\eta)$ of the jumps $\eta_i = x_i - x_{i-1}$. We consider the age of the records, i.e. the time…

Statistical Mechanics · Physics 2014-06-09 Claude Godreche , Satya N. Majumdar , Gregory Schehr

We study the statistics of the number of records R_{n,N} for N identical and independent symmetric discrete-time random walks of n steps in one dimension, all starting at the origin at step 0. At each time step, each walker jumps by a…

Statistical Mechanics · Physics 2012-07-24 Gregor Wergen , Satya N. Majumdar , Gregory Schehr

We compute exactly the mean number of records $\langle R_N \rangle$ for a time-series of size $N$ whose entries represent the positions of a discrete time random walker on the line. At each time step, the walker jumps by a length $\eta$…

Statistical Mechanics · Physics 2022-01-03 Satya N. Majumdar , Philippe Mounaix , Sanjib Sabhapandit , Gregory Schehr

We review recent advances on the record statistics of strongly correlated time series, whose entries denote the positions of a random walk or a L\'evy flight on a line. After a brief survey of the theory of records for independent and…

Statistical Mechanics · Physics 2017-07-21 Claude Godreche , Satya N. Majumdar , Gregory Schehr

We consider one-dimensional discrete-time random walks (RWs) of $n$ steps, starting from $x_0=0$, with arbitrary symmetric and continuous jump distributions $f(\eta)$, including the important case of L\'evy flights. We study the statistics…

Statistical Mechanics · Physics 2023-11-22 Benjamin De Bruyne , Satya N. Majumdar , Gregory Schehr

We investigate the statistics of records in a random sequence $\{x_B(0)=0,x_B(1),\cdots, x_B(n)=x_B(0)=0\}$ of $n$ time steps. The sequence $x_B(k)$'s represents the position at step $k$ of a random walk `bridge' of $n$ steps that starts…

Statistical Mechanics · Physics 2016-01-08 Claude Godreche , Satya N. Majumdar , Gregory Schehr

We study the statistics of the number of records $R_n$ for a symmetric, $n$-step, discrete jump process on a $1D$ lattice. At a given step, the walker can jump by arbitrary lattice units drawn from a given symmetric probability…

Statistical Mechanics · Physics 2020-09-21 Philippe Mounaix , Satya N. Majumdar , Gregory Schehr

The statistics of records for a time series generated by a continuous time random walk is studied, and found to be independent of the details of the jump length distribution, as long as the latter is continuous and symmetric. However, the…

Statistical Mechanics · Physics 2011-04-13 Sanjib Sabhapandit

We address the question of distance record-setting by a random walker in the presence of measurement error, $\delta$, and additive noise, $\gamma$ and show that the mean number of (upper) records up to $n$ steps still grows universally as…

Data Analysis, Statistics and Probability · Physics 2013-05-08 Yaniv Edery , Alexander B. Kostinski , Satya N. Majumdar , Brian Berkowitz

We compute exactly the statistics of the number of records in a discrete-time random walk model on a line where the walker stays at a given position with a nonzero probability $0\leq p \leq 1$, while with the complementary probability…

Statistical Mechanics · Physics 2021-09-08 Satya N. Majumdar , Philippe Mounaix , Gregory Schehr

We study the statistics of records of a one-dimensional random walk of n steps, starting from the origin, and in presence of a constant bias c. At each time-step the walker makes a random jump of length \eta drawn from a continuous…

Statistical Mechanics · Physics 2012-08-29 Satya N. Majumdar , Gregory Schehr , Gregor Wergen

We compute exactly the full distribution of the number $m$ of local minima in a one-dimensional landscape generated by a random walk or a L\'evy flight. We consider two different ensembles of landscapes, one with a fixed number of steps $N$…

Statistical Mechanics · Physics 2024-11-08 Anupam Kundu , Satya N. Majumdar , Gregory Schehr

We study analytically the order statistics of a time series generated by the successive positions of a symmetric random walk of n steps with step lengths of finite variance \sigma^2. We show that the statistics of the gap d_{k,n}=M_{k,n}…

Statistical Mechanics · Physics 2012-01-27 Gregory Schehr , Satya N. Majumdar

In these lecture notes I will discuss the universal first-passage properties of a simple correlated discrete-time sequence {x_0=0, x_1,x_2.... x_n} up to n steps where x_i represents the position at step i of a random walker hopping on a…

Statistical Mechanics · Physics 2015-05-14 Satya N. Majumdar

We consider the occurrence of record-breaking events in random walks with asymmetric jump distributions. The statistics of records in symmetric random walks was previously analyzed by Majumdar and Ziff and is well understood. Unlike the…

Statistical Finance · Quantitative Finance 2011-05-16 Gregor Wergen , Miro Bogner , Joachim Krug

We consider a one-dimensional random walk (RW) with a continuous and symmetric jump distribution, $f(\eta)$, characterized by a L\'evy index $\mu \in (0,2]$, which includes standard random walks ($\mu=2$) and L\'evy flights ($0<\mu<2$). We…

Statistical Mechanics · Physics 2017-11-22 Satya N. Majumdar , Philippe Mounaix , Gregory Schehr

We investigate statistics of lead changes of the maxima of two discrete-time random walks in one dimension. We show that the average number of lead changes grows as $\pi^{-1}\ln(t)$ in the long-time limit. We present theoretical and…

Statistical Mechanics · Physics 2016-05-03 E. Ben-Naim , P. L. Krapivsky , J. Randon-Furling

The distribution of the first positive position reached by a random walker starting from the origin is fundamental for understanding the statistics of extremes and records in one-dimensional random walks. We present a comprehensive study of…

Statistical Mechanics · Physics 2025-09-03 Claude Godrèche , Jean-Marc Luck

We address the theory of records for integrated random walks with finite variance. The long-time continuum limit of these walks is a non-Markov process known as the random acceleration process or the integral of Brownian motion. In this…

Statistical Mechanics · Physics 2022-03-03 Claude Godrèche , Jean-Marc Luck
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