Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...

Abstract: Probability density forecast offers the whole distributions of forecasting targets, which brings greater flexibility and practicability than the other probabilistic forecast models such as ...

Explore the binomial tree model's use in option pricing, its workings, and examples. Learn how this model estimates intrinsic values at various time periods.

Abstract: We consider the problem of steering a linear dynamical system with complete state observation from an initial Gaussian distribution in state-space to a final one with minimum energy control.