The Skinny on Quantitative Finance - January 15, 2021 - Stationary Processes
A stationary process has a mean and variance that are constant with time, and mean reverting processes are stationary.It is crucial to be able to verify that a given financial signal is stationarity, otherwise its statistics and models may misrepresent characteristics about the underlying system.
Join Tom, Tony and Julia as they discuss stationarity and some examples of stationary processes in finance.