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It has been recently shown that rough volatility models, where the volatility is driven by a fractional Brownian motion with small Hurst parameter, provide very relevant dynamics in order to reproduce the behavior of both historical and…

Mathematical Finance · Quantitative Finance 2016-09-08 Omar El Euch , Mathieu Rosenbaum

We construct a least squares estimator for the drift parameters of a fractional Ornstein Uhlenbeck process with periodic mean function and long range dependence. For this estimator we prove consistency and asymptotic normality. In contrast…

Statistics Theory · Mathematics 2015-09-11 Herold Dehling , Brice Franke , Jeannette H. C. Woerner

For an Ornstein-Uhlenbeck process driven by fractional Brownian motion with Hurst index $H\in [\frac12,\frac34]$, we show the Berry-Ess\'een bound of the least squares estimator of the drift parameter. We use an approach based on Malliavin…

Probability · Mathematics 2019-08-16 Yong Chen , Nenghui Kuang , Ying Li

We consider finite element approximations for a one dimensional second order stochastic differential equation of boundary value type driven by a fractional Brownian motion with Hurst index $H\le 1/2$. We make use of a sequence of…

Numerical Analysis · Mathematics 2020-06-08 Yanzhao Cao , Jialin Hong , Zhihui Liu

This paper proposes consistent and asymptotically Gaussian estimators for the drift, the diffusion coefficient and the Hurst exponent of the discretely observed fractional Ornstein-Uhlenbeck process. For the estimation of the drift, the…

Computation · Statistics 2011-12-19 Alexandre Brouste , Stefano M. Iacus

Multifractional processes extend the concept of fractional Brownian motion by replacing the constant Hurst parameter with a time-varying Hurst function. This extension allows for modulation of the roughness of sample paths over time. The…

Probability · Mathematics 2025-03-11 Antoine Ayache , Andriy Olenko , Nemini Samarakoon

This paper deals with the Local Asymptotical normality for the joint drift parameter and Hurst parameter $H>3/4$ in the mixed fractional Ornstein-Uhlenbeck process. Different from the only estimation of the drift parameter when $H$ is…

Probability · Mathematics 2025-10-21 Chunhao Cai , Cong Zhang

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

The paper suggests a way of stochastic integration of random integrands with respect to fractional Brownian motion with the Hurst parameter H> 1/2. The integral is defined initially on the processes that are "piecewise" predictable on a…

Probability · Mathematics 2020-04-21 Nikolai Dokuchaev

We develop a GMM approach for estimation of log-normal stochastic volatility models driven by a fractional Brownian motion with unrestricted Hurst exponent. We show that a parameter estimator based on the integrated variance is consistent…

Statistical Finance · Quantitative Finance 2026-01-16 Anine E. Bolko , Kim Christensen , Mikko S. Pakkanen , Bezirgen Veliyev

The purpose of the article is twofold. Firstly, we review some recent results on the maximum likelihood estimation in the regression model of the form $X_t = \theta G(t) + B_t$, where $B$ is a Gaussian process, $G(t)$ is a known function,…

Probability · Mathematics 2018-12-27 Yuliya Mishura , Kostiantyn Ralchenko , Sergiy Shklyar

Uncertainties are abundant in complex systems. Mathematical models for these systems thus contain random effects or noises. The models are often in the form of stochastic differential equations, with some parameters to be determined by…

Numerical Analysis · Mathematics 2015-03-13 Jiarui Yang , Jinqiao Duan

In some non-regular statistical estimation problems, the limiting likelihood processes are functionals of fractional Brownian motion (fBm) with Hurst's parameter H; 0 < H <=? 1. In this paper we present several analytical and numerical…

Statistics Theory · Mathematics 2014-06-06 Alexander Novikov , Nino Kordzakhia , Timothy Ling

It is proposed a class of statistical estimators $\hat H =(\hat H_1, \ldots, \hat H_d)$ for the Hurst parameters $H=(H_1, \ldots, H_d)$ of fractional Brownian field via multi-dimensional wavelet analysis and least squares, which are…

Information Theory · Computer Science 2015-02-04 Liang Wu , Yiming Ding

In this article we investigate the controllability for neutral stochastic functional integro-differential equations with finite delay, driven by a fractional Brownian motion with Hurst parameter lesser than $1/2$ in a Hilbert space. We…

Probability · Mathematics 2018-09-26 Brahim Boufoussi , Soufiane Mouchtabih

We investigate the asymptotic properties of maximum likelihood estimators of the drift parameter for fractional vasicek model driven by a sub-fractional Brownian motion.

Probability · Mathematics 2021-06-08 B. L. S. Prakasa Rao

This paper addresses the exponential stability of the trivial solution of some types of evolution equations driven by H\"older continuous functions with H\"older index greater than $1/2$. The results can be applied to the case of equations…

Analysis of PDEs · Mathematics 2017-05-05 Luu Hoang Duc , María J. Garrido-Atienza , Andreas Neuenkirch , Björn Schmalfuß

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 2020-08-03 Xi Geng , Cheng Ouyang , Samy Tindel

We present an innovating sensitivity analysis for stochastic differential equations: We study the sensitivity, when the Hurst parameter~$H$ of the driving fractional Brownian motion tends to the pure Brownian value, of probability…

Probability · Mathematics 2017-02-14 Alexandre Richard , Denis Talay

In this paper we show that under some assumptions, for a $d$-dimensional fractional Brownian motion with Hurst parameter $H>1/2$, the density of solution of stochastic differential equation driven by it has a short-time expansion similar to…

Probability · Mathematics 2010-05-20 Fabrice Baudoin , Cheng Ouyang
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