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We propose a new multifractional stochastic process which allows for self-exciting behavior, similar to what can be seen for example in earthquakes and other self-organizing phenomena. The process can be seen as an extension of a…

Probability · Mathematics 2019-08-16 Fabian A. Harang , Marc Lagunas-Merino , Salvador Ortiz-Latorre

In this paper, we present a new approach to derive series expansions for some Gaussian processes based on harmonic analysis of their covariance function. In particular, we propose a new simple rate-optimal series expansion for fractional…

Probability · Mathematics 2020-12-11 M. Ndaoud

Hilbert-Huang transform is a method that has been introduced recently to decompose nonlinear, nonstationary time series into a sum of different modes, each one having a characteristic frequency. Here we show the first successful application…

Fluid Dynamics · Physics 2014-02-05 Y. X. Huang , Francois G. Schmitt , Z. M. Lu , Y. L. Liu

In this paper, we use the generalized Hurst exponent approach to study the multi- scaling behavior of different financial time series. We show that this approach is robust and powerful in detecting different types of multiscaling. We…

Statistical Finance · Quantitative Finance 2012-05-25 Jozef Barunik , Tomaso Aste , Tiziana Di Matteo , Ruipeng Liu

In this paper we study the moderate deviations principle (MDP) for slow-fast stochastic dynamical systems where the slow motion is governed by small fractional Brownian motion (fBm) with Hurst parameter $H\in(1/2,1)$. We derive conditions…

Probability · Mathematics 2023-04-10 Solesne Bourguin , Thanh Dang , Konstantinos Spiliopoulos

This work focuses on moderate deviations for two-time scale systems with mixed fractional Brownian motion. Our proof uses the weak convergence method which is based on the variational representation formula for mixed fractional Brownian…

Dynamical Systems · Mathematics 2024-03-13 Xiaoyu Yang , Yuzuru Inahama , Yong Xu

This paper is devoted to establish an invariance principle where the limit process is a multifractional Gaussian process with a multifractional function which takes its values in $(1/2,1)$. Some properties, such as regularity and local…

Probability · Mathematics 2009-09-29 Serge Cohen , Renaud Marty

We introduce the first continuous-time score-based generative model that leverages fractional diffusion processes for its underlying dynamics. Although diffusion models have excelled at capturing data distributions, they still suffer from…

The so-called Hadamard fractional Brownian motion, as defined in Beghin et al. (2025) by means of Hadamard fractional operators, is a Gaussian process which shares some properties with standard Brownian motion (such as the one-dimensional…

Probability · Mathematics 2025-07-21 Luisa Beghin , Alessandro De Gregorio , Yuliya Mishura

We present a purely deep neural network-based approach for estimating long memory parameters of time series models that incorporate the phenomenon of long-range dependence. Parameters, such as the Hurst exponent, are critical in…

We propose a discrete-time, finite-state stationary process that can possess long-range dependence. Among the interesting features of this process is that each state can have different long-term dependency, i.e., the indicator sequence can…

Probability · Mathematics 2022-09-19 Jeonghwa Lee

This paper provides yet another look at the mixed fractional Brownian motion (fBm), this time, from the spectral perspective. We derive an approximation for the eigenvalues of its covariance operator, asymptotically accurate up to the…

Probability · Mathematics 2019-12-25 P. Chigansky , M. Kleptsyna , D. Marushkevych

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

We discuss a general Bayesian framework on modeling multidimensional function-valued processes by using a Gaussian process or a heavy-tailed process as a prior, enabling us to handle nonseparable and/or nonstationary covariance structure.…

Methodology · Statistics 2020-07-29 Evandro Konzen , Jian Qing Shi , Zhanfeng Wang

Consider an estimation of the Hurst parameter $H\in(0,1)$ and the volatility parameter $\sigma>0$ for a fractional Brownian motion with a drift term under high-frequency observations with a finite time interval. In the present paper, we…

Statistics Theory · Mathematics 2022-06-13 Tetsuya Takabatake

A multi-factor extension of the Hobson and Rogers (HR) model, incorporating a quadratic variance function (QHR model), is proposed and analysed. The QHR model allows for greater flexibility in defining the moving average filter while…

Mathematical Finance · Quantitative Finance 2025-08-13 Paolo Foschi

Given a fractional Brownian motion \,\,$(B_{t}^{H})_{t\geq 0}$,\, with Hurst parameter \,$> 1/2$\,\,we study the properties of all solutions of \,\,: {equation} X_{t}=B_{t}^{H}+\int_0^t X_{u}d\mu(u), \;\; 0\leq t\leq 1{equation} A different…

Probability · Mathematics 2011-07-20 Mamadou Abdoul Diop , Youssef Ouknine

Extending deterministic compartments pharmacokinetic models as diffusions seems not realistic on biological side because paths of these stochastic processes are not smooth enough. In order to extend one compartment intra-veinous bolus…

Probability · Mathematics 2019-01-16 Nicolas Marie

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

We study the so-called multi-mixed fractional Brownian motions (mmfBm) and multi-mixed fractional Ornstein--Ulhenbeck (mmfOU) processes. These processes are constructed by mixing by superimposing (infinitely many) independent fractional…

Probability · Mathematics 2022-09-15 Hamidreza Maleki Almani , Tommi Sottinen