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We study the least squares estimator for the drift parameter of the Langevin stochastic equation driven by the Rosenblatt process. Using the techniques of the Malliavin calculus and the stochastic integration with respect to the Rosenblatt…

Probability · Mathematics 2019-03-07 Radomyra Shevchenko , Ciprian A. Tudor

We study the problem of estimating the coefficients in linear ordinary differential equations (ODE's) with a diverging number of variables when the solutions are observed with noise. The solution trajectories are first smoothed with local…

Statistics Theory · Mathematics 2008-04-29 Heng Lian

The use of an Ornstein-Uhlenbeck (OU) process is ubiquitous in business, economics and finance to capture various price processes and evolution of economic indicators exhibiting mean-reverting properties. When structural changes happen,…

Methodology · Statistics 2017-05-30 Fuqi Chen , Rogemar Mamon , Matt Davison

This paper presents a direct method to obtain the deterministic and stochastic contribution of the sum of two independent sets of stochastic processes, one of which is composed by Ornstein-Uhlenbeck processes and the other being a general…

Data Analysis, Statistics and Probability · Physics 2015-10-27 Teresa Scholz , Frank Raischel , Vitor V. Lopes , Bernd Lehle , Matthias Wächter , Joachim Peinke , Pedro G. Lind

In this article we consider the estimation of static parameters for partially observed diffusion process with discrete-time observations over a fixed time interval. In particular, we assume that one must time-discretize the partially…

Computation · Statistics 2023-09-20 Elsiddig Awadelkarim , Ajay Jasra , Hamza Ruzayqat

We study parametric estimation for second order linear parabolic stochastic partial differential equations (SPDEs) in two space dimensions driven by two types of $Q$-Wiener processes based on high frequency spatio-temporal data. First, we…

Statistics Theory · Mathematics 2025-04-15 Yozo Tonaki , Yusuke Kaino , Masayuki Uchida

We study a bivariate latent factor model for the pricing of commodity fu- tures. The two unobservable state variables representing the short and long term fac- tors are modelled as Ornstein-Uhlenbeck (OU) processes. The Kalman Filter (KF)…

Statistical Finance · Quantitative Finance 2021-08-05 Peilun He , Karol Binkowski , Nino Kordzakhia , Pavel Shevchenko

A scalar Langevin-type process $X(t)$ that is driven by Ornstein-Uhlenbeck noise $\eta(t)$ is non-Markovian. However, the joint dynamics of $X$ and $\eta$ is described by a Markov process in two dimensions. But even though there exists a…

Data Analysis, Statistics and Probability · Physics 2018-01-17 B. Lehle , J. Peinke

We develop the generalized method of moments (GMM) estimation for the parameters of the finitely mixed multi-mixed fractional Ornstein--Uhlenbeck (mmfOU) processes, and analyze the consistency and asymptotic normality of this estimator. We…

Statistics Theory · Mathematics 2024-01-11 Hamidreza Maleki Almani , Tommi Sottinen

We characterise the nonequilibrium stationary state of a generic multivariate Ornstein-Uhlenbeck process involving $N$ degrees of freedom. The irreversibility of the process is encoded in the antisymmetric part of the Onsager matrix. The…

Statistical Mechanics · Physics 2018-12-19 Claude Godrèche , Jean-Marc Luck

We address the problem of estimating unknown model parameters and state variables in stochastic reaction processes when only sparse and noisy measurements are available. Using an asymptotic system size expansion for the backward equation we…

Data Analysis, Statistics and Probability · Physics 2010-07-02 Andreas Ruttor , Manfred Opper

We refer by threshold Ornstein-Uhlenbeck to a continuous-time threshold autoregressive process. It follows the Ornstein-Uhlenbeck dynamics when above or below a fixed level, yet at this level (threshold) its coefficients can be…

Probability · Mathematics 2022-06-07 Sara Mazzonetto , Paolo Pigato

In this paper, we will first give the numerical simulation of the sub-fractional Brownian motion through the relation of fractional Brownian motion instead of its representation of random walk. In order to verify the rationality of this…

Probability · Mathematics 2021-01-11 Chunhao Cai , Qinghua Wang , Weilin Xiao

We establish a moderate deviation principle for the maximum likelihood estimator of the four parameters of a geometrically ergodic Heston process. We also obtain moderate deviations for the maximum likelihood estimator of the couple of…

Probability · Mathematics 2018-01-26 Marie du Roy de Chaumaray

Towards understanding the fundamental limits of estimation from data of varied quality, we study the problem of estimating a mean parameter from heteroskedastic Gaussian observations where the variances are unknown and may vary arbitrarily…

Statistics Theory · Mathematics 2026-03-17 Yanjun Han , Abhishek Shetty , Jacob Shkrob

In this project, we propose to explore the Kalman filter's performance for estimating asset prices. We begin by introducing a stochastic mean-reverting processes, the Ornstein-Uhlenbeck (OU) model. After this we discuss the Kalman filter in…

Statistical Finance · Quantitative Finance 2024-07-10 Michael Sekatchev , Zhengxiang Zhou

We consider the class of all stationary Gaussian process with explicit parametric spectral density. Under some conditions on the autocovariance function, we defined a GMM estimator that satisfies consistency and asymptotic normality, using…

Statistics Theory · Mathematics 2017-01-18 Luis A. Barboza , Frederi G. Viens

We study large but finite neural networks that, in the thermodynamic limit, admit an exact low-dimensional mean-field description. We assume that the governing mean-field equations describing macroscopic quantities such as the mean firing…

Chaotic Dynamics · Physics 2026-02-11 Irmantas Ratas , Kestutis Pyragas

We consider a stochastic differential equation involving standard and fractional Brownian motion with unknown drift parameter to be estimated. We investigate the standard maximum likelihood estimate of the drift parameter, two non-standard…

Probability · Mathematics 2011-12-13 Yuriy Kozachenko , Alexander Melnikov , Yuliya Mishura

In this paper we consider the filtering problem associated to partially observed McKean-Vlasov stochastic differential equations (SDEs). The model consists of data that are observed at regular and discrete times and the objective is to…

Numerical Analysis · Mathematics 2024-04-26 Elsiddig Awadelkarim , Ajay Jasra
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