It turns out such markets are incomplete and therefore, unlike the

**geometric Brownian motion**case, there exist an infinite number of such equivalent martingale measures (Eberlein and Jacod, 1997).This definition appears very rarely and is found in the following Acronym Finder categories:

- Science, medicine, engineering, etc.
- Business, finance, etc.

See other **definitions of GBM**

Other Resources:

We have 100 other **meanings of GBM** in our Acronym Attic

- Abbreviation Database Surfer
- « Previous
- Next »

- Grapevine Bulgarian Latent Virus (plant disease)
- Greater Bear Lake Valley Chamber of Commerce (Idaho)
- Global Crossing Ltd. (stock symbol)
- Game Boy Micro (game console)
- Gaussian Beam Model
- Gay and Bisexual Men
- Gay Black Male
- General Business Meeting (various organizations)
- Genie Backup Manager (software)
- Génie Biomédical (French: Biomedical Engineering)

It turns out such markets are incomplete and therefore, unlike the **geometric Brownian motion** case, there exist an infinite number of such equivalent martingale measures (Eberlein and Jacod, 1997).

Methods The author uses a **geometric Brownian motion** model of the stock price to estimate the distribution of stock prices over the U.

assume that the housing price follows a **geometric Brownian motion** process.

We determine the present value of the expected flow of profits from an incremental unit of capacity for a given capacity K Recall the Pindyck's solution for the **geometric Brownian motion** case: If [MATHEMATICAL EXPRESSION NOT REPRODUCIBLE IN ASCII], (9) where [MATHEMATICAL EXPRESSION NOT REPRODUCIBLE IN ASCII], and [MATHEMATICAL EXPRESSION NOT REPRODUCIBLE IN ASCII], The assumption that the process [theta] follows a **geometric Brownian motion** means that [theta] has a determinist trend but for a long horizon, [theta] may have values very far from this prediction.

Similarly, why a **geometric Brownian motion** assumption at portfolio level gives a different answer when the assets comprising the portfolio are each assumed to follow a **geometric Brownian motion** is exciting reading for a curious reader.

The oil price is the market uncertainty and it is assumed to follow one of two possible stochastic processes: **Geometric Brownian Motion** or Mean Reversion Process.

Among these models are the stochastic or least squares version of the exponential model, the **geometric Brownian motion** model, and a discrete form of the exponential model.