Modelling of stock price changes: A real analysis approach
نویسندگان
چکیده
منابع مشابه
Modelling of stock price changes: A real analysis approach
In this paper a real analysis approach to stock price modelling is considered. A stock price and its return are defined in a duality to each other provided there exist suitable limits along a sequence of nested partitions of a time interval, mimicking sum and product integrals. It extends the class of stochastic processes susceptible to theoretical analysis. Also, it is shown that extended clas...
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ژورنال
عنوان ژورنال: Finance and Stochastics
سال: 2000
ISSN: 0949-2984
DOI: 10.1007/s007800050077