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Mathematics, Volume 13, Issue 16

August-2 2025 - 155 articles

Cover Story: Investors face the challenge of how to incorporate economic and financial forecasts into their investment strategy, especially in times of financial crisis. To model this situation, we consider a financial market in which the drift and volatility of a risky asset are influenced by a stochastic process indicating the probability of market downturns. We use a dynamic portfolio optimization approach in continuous time to maximize the expected utility of terminal wealth. The optimal investment strategy (indicator-based PPI), corresponds to a CPPI strategy with a stochastic multiplier that depends on the information from the crisis indicator. The model is fitted using historic market data, and this strategy is found to clearly dominate the Black–Scholes-based CPPI strategy, which does not use information from a crisis indicator. View this paper
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Articles (155)

  • Feature Paper
  • Article
  • Open Access
1 Citations
478 Views
18 Pages

21 August 2025

Heat treatment is a critical intermediate process in copper strip manufacturing, where strips go through an air-cushion annealing furnace. The production scheduling for the air-cushion annealing furnace can contribute to cost reduction and efficiency...

  • Article
  • Open Access
482 Views
27 Pages

RMVC: A Validated Algorithmic Framework for Decision-Making Under Uncertainty

  • Abdurrahman Dayioglu,
  • Fatma Ozen Erdogan and
  • Basri Celik

21 August 2025

The reliability of decision-making algorithms within soft set theory is fundamentally constrained by their underlying membership functions. Traditional binary approaches overlook the implicit connections between the attributes a candidate possesses a...

  • Feature Paper
  • Article
  • Open Access
1 Citations
650 Views
28 Pages

Mathematical Modeling and Finite Element Analysis of Torsional Divergence of Carbon Plates with an AIREX Foam Core

  • Mirko Dinulović,
  • Mato Perić,
  • Dragi Stamenković,
  • Marta Trninić and
  • Jovan Bengin

21 August 2025

This study presents a novel analytical–numerical framework for investigating the torsional divergence of composite sandwich structures composed of carbon fiber-reinforced skins and an AIREX foam core. A divergence differential equation is deriv...

  • Feature Paper
  • Article
  • Open Access
1,401 Views
21 Pages

21 August 2025

Estimating skewness and kurtosis from real-world data remains a long-standing challenge in actuarial science and financial risk management, where these higher-order moments are critical for capturing asymmetry and tail risk. Traditional moment-based...

  • Article
  • Open Access
806 Views
16 Pages

21 August 2025

This paper investigates distributed optimization problems for multi-agent systems with parametric uncertainties over unbalanced directed communication networks. To settle this class of optimization problems, a continuous-time algorithm is proposed by...

  • Article
  • Open Access
591 Views
22 Pages

21 August 2025

With the increasing demand for hazardous materials (hazmat) from enterprises, port chemical industrial parks face growing risks in hazardous material transportation. By using internal road network information of parks, this study investigates the haz...

  • Article
  • Open Access
3,862 Views
26 Pages

21 August 2025

This study analyzes the volatility of Bitcoin using stochastic volatility models fitted to one-minute transaction data for the BTC/USDT pair between 1 April 2023, and 31 March 2024. Bernstein polynomial terms were introduced to accommodate intraday a...

  • Article
  • Open Access
477 Views
19 Pages

21 August 2025

Let R be a commutative ring with identity 1≠0. The weakly zero-divisor graph of R, denoted WΓ(R), is the simple undirected graph whose vertex set consists of the nonzero zero-divisors of R, where two distinct vertices a and b are adjacent if...

  • Article
  • Open Access
408 Views
19 Pages

21 August 2025

Elastic solutions of a differential system of vibrational responses of a bidirectional porous functionally graded plate (BPFG) are described by employing high-order normal and shear deformation theory, in the present study. Natural frequency values a...

  • Article
  • Open Access
528 Views
18 Pages

Fault Line Selection in Distribution Networks Based on Dual-Channel Time-Frequency Fusion Network

  • Yuyi Ma,
  • Wei Guo,
  • Yuntao Shi,
  • Jianing Guan,
  • Yushuai Qi,
  • Xiang Yin and
  • Gang Liu

21 August 2025

In distribution networks, single-phase ground faults often lead to abnormal changes in voltage and current signals. Traditional single-modal fault diagnosis methods usually struggle to accurately identify the fault line under such conditions. To addr...

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Mathematics - ISSN 2227-7390Creative Common CC BY license