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Web of Proceedings - Francis Academic Press

On Application of Stochastic Mathematics in Financial and Economic Analysis

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DOI: 10.25236/icemeet.2021.031

Author(s)

Junyan Zhou

Corresponding Author

Junyan Zhou

Abstract

Stochastic mathematics is a significant tool in financial and economic analysis. In the field of finance and economy, we can use stochastic process, stochastic calculus, probability theory to conduct in-depth exploration of market activities, and use mathematical formulas to express the internal relations of finance and economy. Therefore, stochastic mathematics plays a great role in financial and economic analysis. Based on this, this paper first analyzes stochastic mathematics and its great role in financial and economic analysis, and then discusses the application of stochastic mathematics in financial and economic analysis, hoping to promote the application of stochastic mathematics in financial and economic analysis and provide better services.

Keywords

Stochastic mathematics, Financial and economic analysis, Application