Stochastic stock data
There are many, which are mostly generalizations of the Black-Scholes model ( Geometric Brownian Motion). For Equity stocks, the most widely used (IMHO) is An Introduction to Mathematical Finance the Black & Scholes theory, of the main idea behind deriving prices and hedges, and of the use of numerical methods This paper investigates the long-run relationship between stock indices from six Latin American markets and the United States. The empirical investigation is