Optimal Prediction of Expected Value of Assets Under Fractal Scaling Exponent Using Seemingly Black-Scholes Parabolic Equation
Mathematics Letters
Volume 2, Issue 2, April 2016, Pages: 19-24
Received: Jul. 7, 2016; Accepted: Jul. 27, 2016; Published: Oct. 11, 2016
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Authors
Bright O. Osu, Department of Mathematics, College of Physical and Applied Sciencs, Michael Okpara University of Agriculture, Umudike, Nigeria
Joy Ijeoma Adindu-Dick, Department of Mathematics, Faculty of Physical and Biological Sciences, Imo State University, Owerri, Imo State, Nigeria
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Abstract
Assessing the stock price indices is the foundation of forecasting the market risk. In this paper, we derived a seemingly Black-Scholes parabolic equation. We then solved this equation under given conditions for the optimal prediction of the expected value of assets.
Keywords
Fractal Scaling Exponent, Black-Scholes Equation, Assets Price Return, Optimal Value, Parabolic Equation
To cite this article
Bright O. Osu, Joy Ijeoma Adindu-Dick, Optimal Prediction of Expected Value of Assets Under Fractal Scaling Exponent Using Seemingly Black-Scholes Parabolic Equation, Mathematics Letters. Vol. 2, No. 2, 2016, pp. 19-24. doi: 10.11648/j.ml.20160202.11
Copyright
Copyright © 2016 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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