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Wolfram U

Random Processes in Finance: Wolfram U Lesson

via Wolfram U

Overview

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Learn to use built-in, random processes in the Wolfram Language. Also, learn time series processes, stochastic differential equation process, financial functions and short-interest-rate models.

Course Overview
This class covers the built-in, random processes available in the Wolfram Language. Other topics include time series processes, stochastic differential equation process, financial functions and short-interest-rate models. The class requires prior experience with the Wolfram Language and knowledge of financial processes. Featured Products & Technologies: Wolfram Language and Wolfram Notebooks (available in Mathematica and Wolfram|One)
You'll Learn To


Use built-in random processes
Make time series predictions
Construct and use stochastic differential equations
Explore discrete and continuous time series processes


Visualize random processes
Use the Ito process, geometric Brownian motion process, Merton's model, Vasicek model, Rendleman–Bartter model and Cox–Ingersoll–Ross model in financial calculations

Syllabus

  • Use built-in random processes
  • Make time series predictions
  • Construct and use stochastic differential equations
  • Explore discrete and continuous time series processes
  • Visualize random processes
  • Use the Ito process, geometric Brownian motion process, Merton's model, Vasicek model, Rendleman–Bartter model and Cox–Ingersoll–Ross model in financial calculations

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