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Fractional Brownian motion is a non-Markovian Gaussian process $X_t$, indexed by the Hurst exponent $H$. It generalises standard Brownian motion (corresponding to $H=1/2$). We study the probability distribution of the maximum $m$ of the…

Statistical Mechanics · Physics 2015-11-25 Mathieu Delorme , Kay Joerg Wiese

Properties of mixed fractional Brownian motion has been discussed by Cheridito (2001) and Zili (2006). We have proposed an estimator of volatility parameter for a model driven by MFBM. In our article we have shown that the estimator has…

Statistics Theory · Mathematics 2017-06-29 Ananya Lahiri

The purpose of this paper is to provide a complete description the convergence in distribution of two subsequences of the signed cubic variation of the fractional Brownian motion with Hurst parameter $H = 1/6$.

Probability · Mathematics 2013-05-31 David Nualart , Jason Swanson

The Brownian motion of a charged test particle caused by quantum electromagnetic vacuum fluctuations between two perfectly conducting plates is examined and the mean squared fluctuations in the velocity and position of the test particle are…

Quantum Physics · Physics 2009-11-10 Hongwei Yu , Jun Chen

In this article, we derive the state probabilities of different type of space- and time-fractional Poisson processes using z-transform. We work on tempered versions of time-fractional Poisson process and space-fractional Poisson processes.…

Probability · Mathematics 2018-08-03 Neha Gupta , Arun Kumar , Nikolai Leonenko

We consider different types of processes obtained by composing Brownian motion $B(t)$, fractional Brownian motion $B_{H}(t)$ and Cauchy processes $% C(t)$ in different manners. We study also multidimensional iterated processes in…

Probability · Mathematics 2010-08-06 Luisa Beghin , Enzo Orsingher , Lyudmyla Sakhno

This article presents various weak laws of large numbers for the so-called realised covariation of a bivariate stationary stochastic process which is not a semimartingale. More precisely, we consider two cases: Bivariate moving average…

Probability · Mathematics 2017-07-27 Andrea Granelli , Almut E. D. Veraart

The purpose of this paper is to establish the multivariate normal convergence for the average of certain Volterra processes constructed from a fractional Brownian motion with Hurst parameter H>1/2. Some applications to parameter estimation…

Probability · Mathematics 2015-02-12 Ivan Nourdin , David Nualart , Rola Zintout

We study a modification of the fractional analogue of the Brownian meander, which is Brownian motion conditioned to be positive on the time interval ${[0,1]}$. More precisely, we determine the weak limit of a fractional Brownian motion…

Probability · Mathematics 2022-02-07 Frank Aurzada , Micha Buck , Martin Kilian

We study well-posedness of sweeping processes with stochastic perturbations generated by a fractional Brownian motion and convergence of associated numerical schemes. To this end, we first prove new existence, uniqueness and approximation…

Classical Analysis and ODEs · Mathematics 2015-05-07 Adrian Falkowski , Leszek Slominski

A multifractal random walk (MRW) is defined by a Brownian motion subordinated by a class of continuous multifractal random measures $M[0,t], 0\le t\le1$. In this paper we obtain an extension of this process, referred to as multifractal…

Probability · Mathematics 2008-12-18 Carenne Ludeña

We survey some new progress on the pricing models driven by fractional Brownian motion \cb{or} mixed fractional Brownian motion. In particular, we give results on arbitrage opportunities, hedging, and option pricing in these models. We…

Pricing of Securities · Quantitative Finance 2010-04-20 Christian Bender , Tommi Sottinen , Esko Valkeila

The stationary reflected Brownian motion in a three-quarter plane has been rarely analyzed in the probabilistic literature, in comparison with the quarter plane analogue model. In this context, our main result is to prove that the…

Probability · Mathematics 2022-11-07 Guy Fayolle , Sandro Franceschi , Kilian Raschel

We introduce a notion of regularized total variation on an interval for continuous functions with unbounded variation. The definition of regularized total variation is obtained from that of total variation by subtracting a penalty for the…

Probability · Mathematics 2015-11-12 Alexander Dunlap

We consider a mixed stochastic differential equation driven by possibly dependent fractional Brownian motion and Brownian motion. Under mild regularity assumptions on the coefficients, it is proved that the equation has a unique solution.

Probability · Mathematics 2011-11-09 Yuliya Mishura , Georgiy Shevchenko

Using the Malliavin calculus with respect to Gaussian processes and the multiple stochastic integrals we derive It\^{o}'s and Tanaka's formulas for the $d$-dimensional bifractional Brownian motion.

Probability · Mathematics 2007-05-23 Ciprian Tudor , Khalifa Es-Sebaiy

We propose a wavelet-based approach to construct consistent estimators of the pointwise H\"older exponent of a multifractional Brownian motion, in the case where this underlying process is not directly observed. The relative merits of our…

Probability · Mathematics 2016-07-19 Sixian Jin , Qidi Peng , Henry Schellhorn

Financial markets have long since been modeled using stochastic methods such as Brownian motion, and more recently, rough volatility models have been built using fractional Brownian motion. This fractional aspect brings memory into the…

Statistical Finance · Quantitative Finance 2024-07-01 Patrick Geraghty

The purpose of this note is to collect in one place a few results about simple random walk and Brownian motion which are often useful. These include standard results such as Beurling estimates, large deviation estimates, and a method for…

Probability · Mathematics 2007-05-23 Christian Benes

This paper further discusses the tempered fractional Brownian motion, its ergodicity, and the derivation of the corresponding Fokker-Planck equation. Then we introduce the generalized Langevin equation with the tempered fractional Gaussian…

Statistical Mechanics · Physics 2017-09-13 Yao Chen , Xudong Wang , Weihua Deng