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The main contribution of the paper is proving that the Fourier spot volatility estimator introduced in [Malliavin and Mancino, 2002] is consistent and asymptotically efficient if the price process is contaminated by microstructure noise.…

Statistical Finance · Quantitative Finance 2022-09-20 Maria Elvira Mancino , Tommaso Mariotti , Giacomo Toscano

We consider the non-parametric regression problem under Huber's $\epsilon$-contamination model, in which an $\epsilon$ fraction of observations are subject to arbitrary adversarial noise. We first show that a simple local binning median…

Statistics Theory · Mathematics 2018-05-29 Simon S. Du , Yining Wang , Sivaraman Balakrishnan , Pradeep Ravikumar , Aarti Singh

We construct a wavelet-based almost sure uniform approximation of fractional Brownian motion (fBm) B_t^(H), t in [0, 1], of Hurst index H in (0, 1). Our results show that by Haar wavelets which merely have one vanishing moment, an almost…

Probability · Mathematics 2013-07-04 Dawei Hong , Shushuang Man , Jean-Camille Birget , Desmond Lun

Let alpha,T>0. We study the asymptotic properties of a least squares estimator for the parameter alpha of a fractional bridge defined as dX_t=-alpha*X_t/(T-t)dt+dB_t, with t in [0,T) and where B is a fractional Brownian motion of Hurst…

Probability · Mathematics 2013-08-06 Khalifa Es-Sebaiy , Ivan Nourdin

We propose a hybrid estimation procedure to estimate global fixed parameters and subject-specific random effects in a mixed fractional Black-Scholes model based on discrete-time observations. Specifically, we consider $N$ independent…

Statistics Theory · Mathematics 2026-02-13 Nesrine Chebli , Hamdi Fathallah , Yousri Slaoui

We study nonparametric estimation of the diffusion coefficient from discrete data, when the observations are blurred by additional noise. Such issues have been developed over the last 10 years in several application fields and in particular…

Statistics Theory · Mathematics 2011-12-30 Marc Hoffmann , Axel Munk , Johannes Schmidt-Hieber

We study the one-dimensional stochastic wave equation driven by a Gaussian multiplicative noise which is white in time and has the covariance of a fractional Brownian motion with Hurst parameter $H\in [1/2,1)$ in the spatial variable. We…

Probability · Mathematics 2020-10-27 Francisco Delgado-Vences , David Nualart , Guangqu Zheng

This article is concerned with stochastic differential equations driven by a $d$ dimensional fractional Brownian motion with Hurst parameter $H>1/4$, understood in the rough paths sense. Whenever the coefficients of the equation satisfy a…

Probability · Mathematics 2019-07-02 Xi Geng , Cheng Ouyang , Samy Tindel

Adversarial robustness has become a fundamental requirement in modern machine learning applications. Yet, there has been surprisingly little statistical understanding so far. In this paper, we provide the first result of the optimal minimax…

Machine Learning · Statistics 2020-07-01 Chen Dan , Yuting Wei , Pradeep Ravikumar

We consider the rough differential equations driven by tempered fractional Brownian motion with Hurst index $H\in (\frac{1}{4}, \frac{1}{3})$ and tempered parameter $\lambda>0$. First, by means of piecewise linear approximation, we…

Dynamical Systems · Mathematics 2026-03-10 Lijuan Zhang , Jianhua Huang

We consider a reflected Ornstein-Uhlenbeck process $X$ driven by a fractional Brownian motion with Hurst parameter $H\in (0, \frac12) \cup (\frac12, 1)$. Our goal is to estimate an unknown drift parameter $\alpha\in (-\infty,\infty)$ on the…

Statistics Theory · Mathematics 2015-03-24 Chihoon Lee , Jian Song

This paper presents a finite difference quasi-Newton method for the minimization of noisy functions. The method takes advantage of the scalability and power of BFGS updating, and employs an adaptive procedure for choosing the differencing…

Optimization and Control · Mathematics 2019-01-09 Albert S. Berahas , Richard H. Byrd , Jorge Nocedal

With the availability of high frequency financial data, nonparametric estimation of volatility of an asset return process becomes feasible. A major problem is how to estimate the volatility consistently and efficiently, when the observed…

Statistics Theory · Mathematics 2007-06-13 Lan Zhang

In this contribution, we extend the methodology proposed in Abry and Didier (2017) to obtain the first joint estimator of the real parts of the Hurst eigenvalues of $n$-variate OFBM. The procedure consists of a wavelet regression on the…

Statistics Theory · Mathematics 2017-08-14 Patrice Abry , Gustavo Didier

In this paper, we study the recovery of the Hurst parameter from a given discrete sample of fractional Brownian motion with statistical inverse theory. In particular, we show that in the limit the posteriori distribution of the parameter…

Probability · Mathematics 2020-02-25 Lassi Päivärinta , Petteri Piiroinen

We consider the problem of optimizing signal transmission through multi-channel noisy devices. We investigate an array of bithreshold noisy devices which are connected in parallel and convergent on a summing center. Utilizing the concept of…

Statistical Mechanics · Physics 2009-11-10 Aki-Hiro Sato , Michihito Ueda , Toyonori Munakata

This paper examines the problem of estimating the parameters of a bandlimited signal from samples corrupted by random jitter (timing noise) and additive iid Gaussian noise, where the signal lies in the span of a finite basis. For the…

Applications · Statistics 2015-03-24 Daniel S. Weller , Vivek K Goyal

We introduce a novel rough Bergomi (rBergomi) model featuring a variance-driven exponentially weighted moving average (EWMA) time-dependent Hurst parameter $H_t$, fundamentally distinct from recent machine learning and wavelet-based…

Mathematical Finance · Quantitative Finance 2025-09-09 Jayanth Athipatla

Here, we provide a unified framework for numerical analysis of stochastic nonlinear fractional diffusion equation driven by fractional Gaussian noise with Hurst index $H\in(0,1)$. A novel estimate of the second moment of the stochastic…

Numerical Analysis · Mathematics 2021-04-29 Daxin Nie , Weihua Deng

This work addresses various open questions in the theory of active learning for nonparametric classification. Our contributions are both statistical and algorithmic: -We establish new minimax-rates for active learning under common…

Machine Learning · Statistics 2017-03-20 Andrea Locatelli , Alexandra Carpentier , Samory Kpotufe