Una introducción a la modelización estocástica de subyacentes cotizados

[EN] The aim of this paper is to show a methodology, based on the so-called Lognormal Model, to describe the dynamics of underlying assets by taking into account the uncertainty of nancial markets. In spite of its simple formulation, the Lognormal Model is a valuable tool from a formative standpoint...

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Detalles Bibliográficos
Autores: Calatayud, Julia, Cortés, Juan Carlos, Jornet Sanz, Marc, Villanueva, Rafael
Tipo de recurso: artículo
Fecha de publicación:2019
País:España
Institución:Universitat Politècnica de València (UPV)
Repositorio:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Idioma:español
OAI Identifier:oai:riunet.upv.es:10251/118067
Acceso en línea:https://riunet.upv.es/handle/10251/118067
Access Level:acceso abierto
Palabra clave:Modelización estocástica de subyacentes cotizados
Ecuación estocástica
Estimación de parámetros
Stochastic modelling
Underlying assets
Stochastic differential equation
Parameter estimation
Prediction
Descripción
Sumario:[EN] The aim of this paper is to show a methodology, based on the so-called Lognormal Model, to describe the dynamics of underlying assets by taking into account the uncertainty of nancial markets. In spite of its simple formulation, the Lognormal Model is a valuable tool from a formative standpoint becauseit provides an excellent basis to study more advanced models. The proposed approach has been put into practice by the authors in their teaching in both undergraduate and postgraduate studies. We present the model and its application to describe the dynamics of real data of an asset traded in the Spanish stock market index IBEX35.