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The statistics of records for a time series generated by a continuous time random walk is studied, and found to be independent of the details of the jump length distribution, as long as the latter is continuous and symmetric. However, the…

统计力学 · 物理学 2011-04-13 Sanjib Sabhapandit

We review recent advances on the record statistics of strongly correlated time series, whose entries denote the positions of a random walk or a L\'evy flight on a line. After a brief survey of the theory of records for independent and…

统计力学 · 物理学 2017-07-21 Claude Godreche , Satya N. Majumdar , Gregory Schehr

We study the record statistics of random walks after $n$ steps, $x_0, x_1,\ldots, x_n$, with arbitrary symmetric and continuous distribution $p(\eta)$ of the jumps $\eta_i = x_i - x_{i-1}$. We consider the age of the records, i.e. the time…

统计力学 · 物理学 2014-06-09 Claude Godreche , Satya N. Majumdar , Gregory Schehr

We consider random walks with continuous and symmetric step distributions. We prove universal asymptotics for the average proportion of the age of the kth longest lasting record for k=1,2,... and for the probability that the record of the…

概率论 · 数学 2017-01-12 Réka Szabó , Bálint Vető

We study the statistics of records of a one-dimensional random walk of n steps, starting from the origin, and in presence of a constant bias c. At each time-step the walker makes a random jump of length \eta drawn from a continuous…

统计力学 · 物理学 2012-08-29 Satya N. Majumdar , Gregory Schehr , Gregor Wergen

We consider the occurrence of record-breaking events in random walks with asymmetric jump distributions. The statistics of records in symmetric random walks was previously analyzed by Majumdar and Ziff and is well understood. Unlike the…

统计金融 · 定量金融 2011-05-16 Gregor Wergen , Miro Bogner , Joachim Krug

In recent years there has been a surge of interest in the statistics of record-breaking events in stochastic processes. Along with that, many new and interesting applications of the theory of records were discovered and explored. The record…

统计力学 · 物理学 2015-06-12 Gregor Wergen

Investigations of inverse statistics (a concept borrowed from turbulence) in stock markets, exemplified with filtered Dow Jones Industrial Average, S&P 500, and NASDAQ, have uncovered a novel stylized fact that the distribution of exit time…

其他凝聚态物理 · 物理学 2008-12-02 Wei-Xing Zhou , Wei-Kang Yuan

We study the statistics of record-breaking events in daily stock prices of 366 stocks from the Standard and Poors 500 stock index. Both the record events in the daily stock prices themselves and the records in the daily returns are…

统计金融 · 定量金融 2015-06-16 Gregor Wergen

We revisit the statistics of extremes and records of symmetric random walks with stochastic resetting, extending earlier studies in several directions. We put forward a diffusive scaling regime (symmetric step length distribution with…

统计力学 · 物理学 2022-06-29 Claude Godrèche , Jean-Marc Luck

In this paper we quantitatively investigate the statistical properties of an ensemble of {\it stock prices}. We selected 1200 stocks traded in the Tokyo Stock Exchange and formed a statistical ensemble of daily stock prices for each trading…

统计力学 · 物理学 2013-09-11 Taisei Kaizoji , Michiyo Kaizoji

It is shown that statistics of records for time series generated by random walks are independent of the details of the jump distribution, as long as the latter is continuous and symmetric. In N steps, the mean of the record distribution…

统计力学 · 物理学 2008-08-04 Satya N. Majumdar , Robert M. Ziff

The characterization of record events is considered for a discrete-time random walk model with long-term memory arising from correlations between successive steps. An important feature is that the correlations are strong enough to give rise…

统计力学 · 物理学 2021-02-02 Michael J. Kearney

We compute exactly the mean number of records $\langle R_N \rangle$ for a time-series of size $N$ whose entries represent the positions of a discrete time random walker on the line. At each time step, the walker jumps by a length $\eta$…

统计力学 · 物理学 2022-01-03 Satya N. Majumdar , Philippe Mounaix , Sanjib Sabhapandit , Gregory Schehr

We review statistical properties of models generated by the application of a (positive and negative order) fractional derivative operator to a standard random walk and show that the resulting stochastic walks display slowly-decaying…

统计力学 · 物理学 2009-11-13 H. Eduardo Roman , Markus Porto

The extreme statistics of time signals is studied when the maximum is measured from the initial value. In the case of independent, identically distributed (iid) variables, we classify the limiting distribution of the maximum according to…

统计力学 · 物理学 2009-11-13 T. W. Burkhardt , G. Gyorgyi , N. R. Moloney , Z. Racz

We address the theory of records for integrated random walks with finite variance. The long-time continuum limit of these walks is a non-Markov process known as the random acceleration process or the integral of Brownian motion. In this…

统计力学 · 物理学 2022-03-03 Claude Godrèche , Jean-Marc Luck

We study the statistics of increments in record values in a time series $\{x_0=0,x_1, x_2, \ldots, x_n\}$ generated by the positions of a random walk (discrete time, continuous space) of duration $n$ steps. For arbitrary jump length…

统计力学 · 物理学 2016-07-19 Claude Godreche , Satya N. Majumdar , Gregory Schehr

We investigate the statistics of three kinds of records associated with planar random walks, namely diagonal, simultaneous and radial records. The mean numbers of these records grow as universal power laws of time, with respective exponents…

统计力学 · 物理学 2021-08-06 Claude Godrèche , Jean-Marc Luck

In the context of countable groups of polynomial volume growth, we consider a large class of random walks that are allowed to take long jumps along multiple subgroups according to power law distributions. For such a random walk, we study…

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