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Wolfram Finance Platform: Random Processes in Finance

This course covers the built-in, random processes available in Wolfram Finance Platform. Other topics include time series processes, stochastic differential equation process, financial functions, and short-interest-rate models.

Level: Advanced

The course requires experience with Mathematica and knowledge of financial processes.

On Demand
This course is available on demand (25:23) Free
Live
This course is not currently scheduled.

Outline

  • Introduction
  • Discrete and continuous random processes in Mathematica
  • Random processes and random variables
  • Visualization of random processes
  • Univariate and multivariate examples
  • Time series processes
  • Stochastic differential equation process
  • Examples of Ito process and its outputs
  • Simulation of stochastic processes
  • Financial functions
  • One-factor, short-interest-rate models