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This article present a continuous cascade model of volatility formulated as a stochastic differential equation. Two independent Brownian motions are introduced as random sources triggering the volatility cascade. One multiplicatively…

Statistical Finance · Quantitative Finance 2020-10-26 Jun-ichi Maskawa , Koji Kuroda

We have recently introduced the ``thermal optimal path'' (TOP) method to investigate the real-time lead-lag structure between two time series. The TOP method consists in searching for a robust noise-averaged optimal path of the distance…

Physics and Society · Physics 2008-12-02 Wei-Xing Zhou , Didier Sornette

We introduce the notion of relative volatility/intermittency and demonstrate how relative volatility statistics can be used to estimate consistently the temporal variation of volatility/intermittency when the data of interest are generated…

Statistics Theory · Mathematics 2015-09-16 Ole E. Barndorff-Nielsen , Mikko S. Pakkanen , Jürgen Schmiegel

Lagrangian properties obtained from a Particle Tracking Velocimetry experiment in a turbulent flow at intermediate Reynolds number are presented. Accurate sampling of particle trajectories is essential in order to obtain the Lagrangian…

Fluid Dynamics · Physics 2015-05-13 Jacob Berg , Soren Ott , Jakob Mann , Beat Luthi

In this paper the problems of the retrospective analysis of models with time-varying structure are considered. These models include contamination models with randomly switching parameters and multivariate classification models with an…

Statistics Theory · Mathematics 2017-10-31 Boris Brodsky , Boris Darkhovsky

The balance held by Brownian motion between temporal regularity and randomness is embodied in a remarkable way by Levy's forgery of continuous functions. Here we describe how this property can be extended to forge arbitrary dependences…

Statistical Mechanics · Physics 2018-06-11 Vincent Wens

A robust fixed-lag smoothing approach is proposed in the case there is a mismatch between the nominal model and the actual model. The resulting robust smoother is characterized by a dynamic game between two players: one player selects the…

Optimization and Control · Mathematics 2022-11-01 Shenglun Yi , Mattia Zorzi

We formulate a discrete-time Bayesian stochastic volatility model for high-frequency stock-market data that directly accounts for microstructure noise, and outline a Markov chain Monte Carlo algorithm for parameter estimation. The methods…

Applications · Statistics 2016-02-02 Georgi Dinolov , Abel Rodriguez , Hongyun Wang

Modeling heterogeneous correlated time series requires the ability to learn hidden dynamic relationships between component time series with possibly varying periodicities and generative processes. To address this challenge, we formulate and…

Methodology · Statistics 2025-12-02 Jeshwanth Mohan , Bharath Ramsundar , Sandya Subramanian

The coupled nonlinear volatility and option pricing model presented recently by Ivancevic is investigated, which generates a leverage effect, i.e., stock volatility is (negatively) correlated to stock returns, and can be regarded as a…

Pricing of Securities · Quantitative Finance 2015-05-27 Zhenya Yan

We propose a new dynamic stochastic blockmodel that focuses on the analysis of interaction lengths in networks. The model does not rely on a discretization of the time dimension and may be used to analyze networks that evolve continuously…

Methodology · Statistics 2019-01-29 Riccardo Rastelli , Michael Fop

The aim of this article is to study the attenuation of transient low-frequency waves in 2D lattices of point masses connected by Voigt elements, under an antiplane concentrated loading. The emphasis is on obtaining analytical estimates for…

Analysis of PDEs · Mathematics 2025-03-12 Nadezhda I. Aleksandrova

This study attempts to investigate into the structure and features of global equity markets from a time-frequency perspective. An analysis grounded on this framework allows one to capture information from a different dimension, as opposed…

Econometrics · Economics 2020-04-21 Avishek Bhandari

We present a novel framework inspired by the Immersed Boundary Method for predicting the fluid-structure interaction of complex structures immersed in flows with moderate to high Reynolds numbers. The main novelties of the proposed…

Interleaving is a mechanism universally used in wireless access technologies to alleviate the effect of channel correlation. In spite of its wide adoption, to the best of our knowledge, there are no analytical models proposed so far. In…

Information Theory · Computer Science 2018-01-31 Dmitri Moltchanov , Pavel Kustarev , Yevgeni Kucharyavy

Prandtl's secondary flows of the second kind generated by laterally-varying roughness are studied using the linearised Reynolds-Averaged Navier-Stokes approach proposed in Zampino et al (2022). The momentum equations are coupled to the…

Fluid Dynamics · Physics 2024-12-18 D. Lasagna , G. Zampino , B. Ganapathisubramani

High-dimensional multivariate time series are common in many scientific and industrial applications, where the interest lies in identifying key dependence structure within the data for subsequent analysis tasks, such as forecasting. An…

Methodology · Statistics 2025-12-15 Madeline A. Shelley , Chiara Boetti , Marina I. Knight , Matthew A. Nunes

We propose a framework combining detrended fluctuation analysis with standard regression methodology. The method is built on detrended variances and covariances and it is designed to estimate regression parameters at different scales and…

Statistical Finance · Quantitative Finance 2018-10-30 Ladislav Kristoufek

We introduce and study a variational framework for the analysis of empirical risk based inference for dynamical systems and ergodic processes. The analysis applies to a two-stage estimation procedure in which (i) the trajectory of an…

Dynamical Systems · Mathematics 2018-01-24 Kevin McGoff , Andrew B. Nobel

The system of coupled discrete equations describing a two-component superlattice with interlaced linear and nonlinear constituents is revisited as a basis for investigating binary waveguide arrays, such as ribbed AlGaAs structures, among…

Pattern Formation and Solitons · Physics 2009-11-13 Kyriakos Hizanidis , Yannis Kominis , Nikolaos K. Efremidis