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Brownian motion is the only random process which is Gaussian, stationary and Markovian. Dropping the Markovian property, i.e. allowing for memory, one obtains a class of processes called fractional Brownian motion, indexed by the Hurst…

Statistical Mechanics · Physics 2016-07-27 Mathieu Delorme , Kay Jörg Wiese

We have revisited the Brownian motion on the basis of the fractional Langevin equation which turns out to be a particular case of the generalized Langevin equation introduced by Kubo on 1966. The importance of our approach is to model the…

Mathematical Physics · Physics 2008-06-06 Francesco Mainardi , Paolo Pironi

The main goal of this paper is to provide a fractional stochastic differential equation modelling the physical phenomena governed by the Langevin equation in 1-dimension. A generalized equation leaning on the fractional Brownian motion…

Mathematical Physics · Physics 2008-07-03 Lounis Tewfik , Saïd Bouabdellah

Heterogeneous diffusion processes are prevalent in various fields, including the motion of proteins in living cells, the migratory movement of birds and mammals, and finance. These processes are often characterized by time-varying dynamics,…

Statistical Mechanics · Physics 2025-03-11 Michał Balcerek , Adrian Pacheco-Pozo , Agnieszka Wyłomańska , Diego Krapf

This paper deals with the identification of the multivariate fractional Brownian motion, a recently developed extension of the fractional Brownian motion to the multivariate case. This process is a $p$-multivariate self-similar Gaussian…

Statistics Theory · Mathematics 2011-11-16 Pierre-Olivier Amblard , Jean-François Coeurjolly

For every $d\geq 1$, we consider the $d$-dimensional Hermitian fractional Brownian motion (HfBm), that is the process with values in the space of $(d\times d)$-Hermitian matrices and with upper-diagonal entries given by complex fractional…

Probability · Mathematics 2018-04-16 Aurélien Deya

We introduce the stochastic process of incremental multifractional Brownian motion (IMFBM), which locally behaves like fractional Brownian motion with a given local Hurst exponent and diffusivity. When these parameters change as function of…

Statistical Mechanics · Physics 2023-07-27 Jakub Slezak , Ralf Metzler

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

In this paper, we show how concentration inequalities for Gaussian quadratic form can be used to propose exact confidence intervals of the Hurst index parametrizing a fractional Brownian motion. Both cases where the scaling parameter of the…

Statistics Theory · Mathematics 2010-06-16 Jean-Christophe Breton , Jean-François Coeurjolly

In attempting to quantify statistically the density structure of the interstellar medium, astronomers have considered a variety of fractal models. Here we argue that, to properly characterise a fractal model, one needs to define precisely…

Astrophysics of Galaxies · Physics 2020-02-14 M. L. Bates , A. P. Whitworth , O. D. Lomax

The signature is a collection of iterated integrals describing the "shape" of a path. It appears naturally in the Taylor expansions of controlled differential equations and, as a consequence, is arguably the central object within rough path…

Numerical Analysis · Mathematics 2025-10-31 James Foster

In this paper we consider stochastic differential equations with non-negativity constraints, driven by a fractional Brownian motion with Hurst parameter $H>\1/2$. We first study an ordinary integral equation where the integral is defined in…

Probability · Mathematics 2012-03-14 Marco Ferrante , Carles Rovira

In this paper we investigate the parametric inference for the linear fractional stable motion in high and low frequency setting. The symmetric linear fractional stable motion is a three-parameter family, which constitutes a natural…

Methodology · Statistics 2018-02-20 Stepan Mazur , Dmitry Otryakhin , Mark Podolskij

Fractional Brownian motion is a Gaussian process x(t) with zero mean and two-time correlations <x(t)x(s)> ~ t^{2H} + s^{2H} - |t-s|^{2H}, where H, with 0<H<1 is called the Hurst exponent. For H = 1/2, x(t) is a Brownian motion, while for H…

Statistical Mechanics · Physics 2013-05-29 Kay Jörg Wiese , Satya N. Majumdar , Alberto Rosso

In this paper we introduce a definition of a multi-dimensional fractional Brownian motion of Hurst index $H \in (0, 1)$ under volatility uncertainty (in short G-fBm). We study the properties of such a process and provide first results about…

Probability · Mathematics 2024-12-03 Francesca Biagini , Andrea Mazzon , Katharina Oberpriller

Operator fractional Brownian motions (OFBMs) are (i) Gaussian, (ii) operator self-similar and (iii) stationary increment processes. They are the natural multivariate generalizations of the well-studied fractional Brownian motions. Because…

Statistics Theory · Mathematics 2011-02-10 Gustavo Didier , Vladas Pipiras

The fractional Brownian motion with index $\alpha$ is introduced to construct the fractional excursion set model. A new mass function with single parameter $\alpha$ is derived within the formalism, of which the Press-Schechter mass function…

Astrophysics · Physics 2009-11-11 Jun Pan

We study two complementary methodologies for calibrating implied volatility surfaces: analytical approximations and data-driven models based on rough path theory. On the analytical side, we revisit a second-order asymptotic expansion for…

Mathematical Finance · Quantitative Finance 2026-05-11 Elisa Alòs , Òscar Burés , Rafael de Santiago , Josep Vives

It is proved that the mean signature of multi-dimensional fractional brownian motion admits a meromorphic continuation in the hurst parameter to the entire complex plane. Each contstituent mean iterated integral is a sum of hypergeometric…

Probability · Mathematics 2018-04-23 Andrew Ursitti

To model a given time series $F(t)$ with fractal Brownian motions (fBms), it is necessary to have appropriate error assessment for related quantities. Usually the fractal dimension $D$ is derived from the Hurst exponent $H$ via the relation…

Data Analysis, Statistics and Probability · Physics 2015-06-17 Bingqiang Qiao , Siming Liu
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