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Finding 6161Emerging EvidenceValidation V0

The study employs advanced mathematics via Malliavin calculus to analyze at-the-money curvature of Bachelier implied volatility, splitting it into two distinct components from uncorrelated dynamics and correlation with fractional volatility.

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The study employs advanced mathematics via Malliavin calculus to analyze at-the-money curvature of Bachelier implied volatility, splitting it into two distinct components from uncorrelated dynamics and correlation with fractional volatility.

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Inspect source: On the Curvature of the Bachelier Implied Volatility →
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