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It is well known that Brownian motion enjoys several distributional invariances such as the scaling property and the time reversal. In this paper, we prove another invariance of Brownian motion that is compatible with the time reversal. The…

Probability · Mathematics 2023-10-20 Yuu Hariya

We survey existing results concerning the study in small times of the density of the solution of a rough differential equation driven by fractional Brownian motions. We also slightly improve existing results and discuss some possible…

Probability · Mathematics 2014-03-05 Fabrice Baudoin , Cheng Ouyang

Our purpose is to investigate properties for processes with stationary and independent increments under $G$-expectation. As applications, we prove the martingale characterization to $G$-Brownian motion and present a decomposition for…

Probability · Mathematics 2011-09-09 Yongsheng Song

An innovative extension of Geometric Brownian Motion model is developed by incorporating a weighting factor and a stochastic function modelled as a mixture of power and trigonometric functions. Simulations based on this Modified Brownian…

Pricing of Securities · Quantitative Finance 2015-07-09 Gurjeet Dhesi , Muhammad Bilal Shakeel , Ling Xiao

In this paper we study a parametric class of stochastic processes to model both fast and slow anomalous diffusion. This class, called generalized grey Brownian motion (ggBm), is made up off self-similar with stationary increments processes…

Mathematical Physics · Physics 2009-11-13 Antonio Mura , Gianni Pagnini

Assume that $X$ is a continuous square integrable process with zero mean, defined on some probability space $(\Omega,\mathrm {F},\mathrm {P})$. The classical characterization due to P. L\'{e}vy says that $X$ is a Brownian motion if and only…

Probability · Mathematics 2011-03-15 Yuliya Mishura , Esko Valkeila

In this paper, we rely on the additive decomposition in law satisfied by a class of stochastic processes, combined with the well-known regulariy properties of fractional Brownian motion, to establish Besov-Orlicz regularity of their sample…

Probability · Mathematics 2026-05-11 Rachid Belfadli , Brahim Boufoussi , Youssef Ouknine

Fractional Brownian motion is a Gaussian process x(t) with zero mean and two-time correlations <x(t)x(s)> ~ t^{2H} + s^{2H} - |t-s|^{2H}, where H, with 0<H<1 is called the Hurst exponent. For H = 1/2, x(t) is a Brownian motion, while for H…

Statistical Mechanics · Physics 2013-05-29 Kay Jörg Wiese , Satya N. Majumdar , Alberto Rosso

Starting with a Brownian motion, we define and study a novel diffusion process by combining stickiness and oscillation properties. The associated stochastic differential equation, resolvent and semigroup are provided. Also the trivariate…

Probability · Mathematics 2023-02-08 Wajdi Touhami

A novel representation of functions, called generalized Taylor form, is applied to the filtering of white noise processes. It is shown that every Gaussian colored noise can be expressed as the output of a set of linear fractional stochastic…

Statistical Mechanics · Physics 2013-03-07 Giulio Cottone , Mario Di Paola , Roberta Santoro

The invariance properties of Brownian motion are investigated and revisited within a recent Lie symmetry approach to stochastic differential equations. Some notable properties of the process can be recovered by a related integration by…

Probability · Mathematics 2026-02-23 Susanna Dehò , Francesco C. De Vecchi , Paola Morando , Stefania Ugolini

The $n$th order fractional Brownian motion was introduced by Perrin et al. It is the (upto a multiplicative constant) unique self-similar Gaussian process with Hurst index $H \in (n-1,n)$, having $n$th order stationary increments. We…

Probability · Mathematics 2018-01-24 Tommi Sottinen , Lauri Viitasaari

We establish a general formula for the Laplace transform of the hitting times of a Gaussian process. Some consequences are derived, and particular cases like the fractional Brownian motion are discussed.

Probability · Mathematics 2008-01-03 Laurent Decreusefond , David Nualart

We derive some maximal inequalities for the bifractional Brownian motion using comparison theorems for Gaussian processes.

Probability · Mathematics 2024-06-12 B. L. S. Prakasa Rao

These are lecture notes from a course given at the CRM in Montreal in 1992. They survey the author's attempts to find and understand canonical probabilistic entities in a local field (e.g. p-adic) setting. We propose answers to the related…

Probability · Mathematics 2007-05-23 Steven N. Evans

We study the H\"olderian regularity of Gaussian wavelets series and show that they display, almost surely, three types of points: slow, ordinary and rapid. In particular, this fact holds for the Fractional Brownian Motion. We also show that…

Probability · Mathematics 2022-03-11 Céline Esser , Laurent Loosveldt

We study the semimartingale properties for the generalized fractional Brownian motion (GFBM) introduced by Pang and Taqqu (2019) and discuss the applications of the GFBM and its mixtures to financial asset pricing. The GFBM is self-similar…

Probability · Mathematics 2024-09-16 Tomoyuki Ichiba , Guodong Pang , Murad S. Taqqu

We implement Bayesian model selection and parameter estimation for the case of fractional Brownian motion with measurement noise and a constant drift. The approach is tested on artificial trajectories and shown to make estimates that match…

Data Analysis, Statistics and Probability · Physics 2018-04-05 Jens Krog , Lars H. Jacobsen , Frederik W. Lund , Daniel Wüstner , Michael A. Lomholt

In this paper, we study the existence and (H\"older) regularity of local times of stochastic differential equations driven by fractional Brownian motions. In particular, we show that in one dimension and in the rough case H<1/2, the…

Probability · Mathematics 2016-02-24 Shuwen Lou , Cheng Ouyang

Gaussian processes occupy one of the leading places in modern statistics and probability theory due to their importance and a wealth of strong results. The common use of Gaussian processes is in connection with problems related to…

Statistics Theory · Mathematics 2023-02-01 Zexun Chen , Jun Fan , Kuo Wang