Time series research
Time series are the primary tool used when attempting to understand financial markets using mathematical models, and they also play a key role in the control of industrial processes.
Time series research conducted by the Laboratory of Mathematics specialises in energy markets, with a special focus on electricity spot markets, all over the world.
Electricity spot markets are extremely difficult to forecast due to constant change, and simulating and understanding them requires advanced mathematical models.
Electricity spot markets are also an excellent environment for modelling all economic behaviour, since almost all relevant background data is available on an hourly basis over many years.
We work in co-operation with energy companies and operators on electricity spot markets, and the objective of our research is to build econometric models, which do not assume the Efficient Market Hypothesis.
Read more on the group wiki page.