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The fractional Brownian motion (fBm) extends the standard Brownian motion by introducing some dependence between non-overlapping increments. Consequently, if one considers for example that log-prices follow an fBm, one can exploit the…

数理金融 · 定量金融 2021-09-02 Matthieu Garcin

We propose some class of statistics suitable for estimation of the Hurst index of the fractional Brownian motion based on the second order increments of an observed discrete trajectory.

概率论 · 数学 2016-07-28 Kestutis Kubilius , Viktor Skorniakov

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…

数值分析 · 数学 2020-06-08 Yanzhao Cao , Jialin Hong , Zhihui Liu

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…

概率论 · 数学 2018-04-16 Aurélien Deya

For a fractional Brownian motion $B^H$ with Hurst parameter $H\in]{1/4},{1/2}[\cup]{1/2},1[$, multiple indefinite integrals on a simplex are constructed and the regularity of their sample paths are studied. Then, it is proved that the…

概率论 · 数学 2007-05-23 Marta Sanz-Solé , Iván Torrecilla-Tarantino

A new nonparametric estimator of the local Hurst function of a multifractional Gaussian process based on the increment ratio (IR) statistic is defined. In a general frame, the point-wise and uniform weak and strong consistency and a…

统计理论 · 数学 2012-11-29 Jean-Marc Bardet , Donatas Surgailis

Within the rough path framework we prove the continuity of the solution to random differential equations driven by fractional Brownian motion with respect to the Hurst parameter $H$ when $H \in (1/3, 1/2]$.

We study statistical inference for small-noise-perturbed multiscale dynamical systems where the slow motion is driven by fractional Brownian motion. We develop statistical estimators for both the Hurst index as well as a vector of unknown…

统计理论 · 数学 2021-03-26 Solesne Bourguin , Siragan Gailus , Konstantinos Spiliopoulos

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…

统计力学 · 物理学 2016-07-27 Mathieu Delorme , Kay Jörg Wiese

The linear fractional stable motion generalizes two prominent classes of stochastic processes, namely stable L\'evy processes, and fractional Brownian motion. For this reason it may be regarded as a basic building block for continuous time…

统计理论 · 数学 2022-08-17 Fabian Mies , Mark Podolskij

If we compose a smooth function g with fractional Brownian motion B with Hurst index H > 1/2, then the resulting change of variables formula [or It/^o- formula] has the same form as if fractional Brownian motion would be a continuous…

概率论 · 数学 2011-11-11 Ehsan Azmoodeh , Heikki Tikanmäki , Esko Valkeila

Strongly consistent and asymptotically normal estimators of the Hurst parameter of solutions of stochastic differential equations are proposed. The estimators are based on discrete observations of the underlying processes.

概率论 · 数学 2015-07-28 Kestutis Kubilius , Viktor Skorniakov

We prove a change of variable formula for the 2D fractional Brownian motion of index H bigger of equal to 1/4. For H strictly bigger than 1/4, our formula coincides with that obtained by using the rough paths theory. For H=1/4 (the more…

概率论 · 数学 2008-10-03 Ivan Nourdin

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…

概率论 · 数学 2020-08-03 Xi Geng , Cheng Ouyang , Samy Tindel

We consider the problem of efficient estimation for the drift of fractional Brownian motion $B^H:=(B^H_t)_{t\in[0,T]}$ with hurst parameter $H$ less than 1/2. We also construct superefficient James-Stein type estimators which dominate,…

概率论 · 数学 2009-05-12 Es-Sebaiy Khalifa , Idir Ouassou , Youssef Ouknine

Strongly consistent and asymptotic normal estimators of the Hurst index of a stochastic differential equation driven by a fractional Brownian motion are proposed. The estimators are based on discrete observations of the underlying process.

概率论 · 数学 2014-02-18 K. Kubilius , V. Skorniakov , D. Melichov

In the paper we consider the problem of estimating parameters entering the drift of a fractional Ornstein-Uhlenbeck type process in the non-ergodic case, when the underlying stochastic integral is of Young type. We consider the sampling…

概率论 · 数学 2019-03-20 Radomyra Shevchenko , Jeannette H. C. Woerner

We study the anticipative backward stochastic differential equations (BSDEs, for short) driven by fractional Brownian motion with Hurst parameter H greater than 1/2. The stochastic integral used throughout the paper is the divergence…

概率论 · 数学 2016-11-29 Jiaqiang Wen , Yufeng Shi

Combining fractional calculus and the Rough Path Theory we study the existence and uniqueness of mild solutions to evolutions equations driven by a H\"older continuous function with H\"older exponent in $(1/3,1/2)$. Our stochastic integral…

偏微分方程分析 · 数学 2013-05-06 María J. Garrido-Atienza , Kening Lu , Björn Schmalfuss

In this article we are concerned with the study of the existence and uniqueness of pathwise mild solutions to evolutions equations driven by a H\"older continuous function with H\"older exponent in $(1/3,1/2)$. Our stochastic integral is a…

偏微分方程分析 · 数学 2016-08-10 María J. Garrido-Atienza , Kening Lu , Björn Schmalfuss