The Quant Journey
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The Quant Journey

The Brownian Bridge Process

Brownian Bridge — From Wikipedia, the free encyclopedia

The Brownian Bridge is a classical brownian motion on the interval [0,1] and it is useful for modelling a system that starts at some given level and it is expected to return to that same level at some specified future time.

It is used for the publicly traded prices of bonds having a specified redemption value on a fixed expiration date.




This is a repository of information regarding everything quantitative. I am building my knowledge as I go, therefore this is a journey for both me as a contributor and you as a reader as we venture in to the world of mathematics, programming, statistics, finance and business.

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Andrea Chello

Andrea Chello

Quant | Full-Stack Blockchain Developer

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