Stochastic Model on the Assessment of Asset Values for Economic Investments
I. U. Amadi *
Department of Mathematics & Statistics, Captain Elechi Amadi Polytechnics, Port Harcourt, Nigeria,
R. Tamunotonye
Department of Mathematics & Statistics, Ignatius Ajuru University of education, Rumuolumeni, Port Harcourt, Nigeria.
P. A. Azor
Department of Mathematics & Statistics, Federal University, Otuoke, Nigeria.
*Author to whom correspondence should be addressed.
Abstract
The Stochastic Differential Delay Equation (SDDE) is well known prevailing mathematical tools used for the estimation of asset values over time; which impels the entire financial authority of every trader or investor. Therefore, this paper studied the concept of asset values with delay parameter in the model. The defined conditions which governed asset values as a result of delay parameter were obtained. Finally, the graphical results, Tables and other interpretations of relevant stochastic variables were discussed to show the validity of the proposed model.
Keywords: Asset value, periodic events, multiplicative effects, SDE and SDDE