English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Plus monthly

Global: Zendy Tools annual

Global: Zendy Tools monthly

Global: Zendy Free Plan

In this paper, we propose an empirical model for the VIX index. Our findingsindicate that the VIX has a long-term empirical distribution. To model itsdynamics, we utilize a continuous-time Markov process with a uniformdistribution as its invariant distribution and a suitable function $h$. Wedetermined that $h$ is the inverse function of the VIX data's empiricaldistribution. Additionally, we use the method of variables of separation to getthe exact solution to the pricing problem for VIX futures and call options.

A Markovian empirical model for the VIX index and the pricing of the corresponding derivatives