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Estimating the Probability of Falling Share Price Below the Minimum Level
P. 142–144.
Sergei L. Semakov
A technology is proposed for estimating the probability that a share price will fall below the minimum level. The exact expression is obtained for the required probability under the assumption that the behavior of the share price is described by the well-known model of Samuelson, according to which the relative change in price is the sum of the non-random trend and the Wiener process. The obtained result is qualitatively analyzed for various relations of the problem parameters.