stochastic-rs 2.6.0

Quantitative finance in Rust: 120+ stochastic processes, option pricing, model calibration, volatility surfaces, fixed income, risk and copulas — SIMD/GPU accelerated, with Python bindings.
Documentation
---
title: Stochastic processes
description: 120+ stochastic processes — diffusion, jump, volatility, interest-rate, fractional / rough, and noise. Catalog organised by mathematical family.
category: process
since: 2.0.0
status: stable
---

# Stochastic processes

The `stochastic-rs-stochastic` crate ships **120+ processes** organised
into six families. Every process implements
[`ProcessExt<T>`](/docs/concepts/process-ext): `sample()` returns one path,
`sample_map(m, f)` folds over `m` paths in parallel, and `sample_par(m)`
returns `Vec<Output>` (one `ndarray::Array1<T>` per path for single-factor
models).

## Families

| Family            | Count | Examples                                                        |
|-------------------|-------|-----------------------------------------------------------------|
| **Diffusion**     | 30    | OU, GBM (log + standard), CIR, CEV, CKLS, Aït-Sahalia, Pearson, Jacobi, regime-switching, Fouque |
| **Jump**          | 16    | Merton, Kou, CGMY, NIG, VG, bilateral gamma, Hawkes-JD, Lévy diffusion |
| **Volatility**    | 11    | Heston, SABR, Bergomi, rough Bergomi, double-Heston, HKDE, Bates SVJ, fractional Bates SVJ, fractional Heston |
| **Interest rate** | 14    | Vasicek, CIR, CIR 2-factor, Hull-White (1F + 2F), G2++, Ho-Lee, HJM, LMM, Wu-Zhang, Duffie-Kan |
| **Rough**         | 6     | RL fBM, RL Heston, RL fOU, Markov lift, Volterra-kernel based     |
| **Noise**         | 5     | Fractional Gaussian noise, Gaussian noise, white noise, correlated FGN / GN |

## Examples

### Geometric Brownian Motion

The textbook log-normal diffusion $dS_t = \mu S_t\,dt + \sigma S_t\,dW_t$.

<Tabs items={['Rust', 'Python']}>
<Tab value="Rust">
```rust
use stochastic_rs::prelude::*;
use stochastic_rs::stochastic::diffusion::gbm::Gbm;

let p = Gbm::<f64>::new(0.05, 0.2, 1_000, Some(100.0), Some(1.0));
let path = p.sample();              // Array1<f64>, length 1000
let paths = p.sample_par(10_000);   // Vec<Array1<f64>>, 10_000 paths of length 1000
```
</Tab>
<Tab value="Python">
```python
import stochastic_rs as srs

p = srs.Gbm(mu=0.05, sigma=0.2, n=1000, x0=100.0, t=1.0)
path = p.sample()                   # numpy.ndarray, shape (1000,)
paths = p.sample_par(10_000)        # shape (10_000, 1000)
```
</Tab>
</Tabs>

### Heston stochastic volatility

Two-factor model $dS_t = \mu S_t\,dt + \sqrt{V_t}\,S_t\,dW^1_t$,
$dV_t = \kappa(\theta - V_t)\,dt + \sigma\sqrt{V_t}\,dW^2_t$ with
$d\langle W^1, W^2\rangle_t = \rho\,dt$.

<Tabs items={['Rust', 'Python']}>
<Tab value="Rust">
```rust
use stochastic_rs::simd_rng::Unseeded;
use stochastic_rs::stochastic::volatility::HestonPow;
use stochastic_rs::stochastic::volatility::heston::Heston;

let p = Heston::<f64, _>::new(
    Some(100.0),       // s0
    Some(0.04),        // v0
    2.0,               // kappa
    0.04,              // theta
    0.3,               // sigma (vol-of-vol)
    -0.7,              // rho
    0.03,              // mu
    1_000,             // n
    Some(1.0),         // t
    HestonPow::Sqrt,   // 0.5 = classic Heston; ThreeHalves = 3/2 model
    Some(true),        // use_sym: reflect variance to stay non-negative
    Unseeded,
);
let [s_path, v_path] = p.sample();   // [Array1<f64>; 2]
```
</Tab>
<Tab value="Python">
```python
import stochastic_rs as srs

p = srs.Heston(kappa=2.0, theta=0.04, sigma=0.3, rho=-0.7, mu=0.03,
               n=1000, s0=100.0, v0=0.04, t=1.0)
s, v = p.sample()                   # both numpy arrays
```
</Tab>
</Tabs>

#### Discretisation schemes

`sample()` integrates the variance with the **Euler** full-truncation scheme by
default. For large `κ`, high `|ρ|`, or long maturities Euler carries a noticeable
discretisation bias; switch to the Andersen (2008) **Quadratic-Exponential (QE)**
scheme at compile time with `.qe()`:

```rust
use stochastic_rs::simd_rng::Unseeded;
use stochastic_rs::stochastic::volatility::HestonPow;
use stochastic_rs::stochastic::volatility::heston::Heston;

let qe = Heston::<f64, _>::new(
    Some(100.0), Some(0.04), 2.0, 0.04, 0.3, -0.7, 0.03,
    1_000, Some(1.0), HestonPow::Sqrt, Some(true), Unseeded,
)
.qe();                               // -> Heston<f64, _, AndersenQe>
let [s_path, v_path] = qe.sample();
```

The scheme is a zero-sized type parameter (`Heston<T, S, Sch>`), so the choice is
monomorphised with no per-step branch. QE is defined for the square-root (CIR)
variance only, so keep `HestonPow::Sqrt`. Reference: Andersen, L. (2008),
*Efficient simulation of the Heston stochastic volatility model*, Journal of
Computational Finance 11(3). (`.qe()` is Rust-only; the Python `Heston` uses the
Euler scheme.)

### Fractional Brownian motion

Roughness controlled by the Hurst parameter $H \in (0, 1)$.
$H = 0.5$ recovers standard Brownian motion; $H < 0.5$ is rough,
$H > 0.5$ is persistent.

<Tabs items={['Rust', 'Python']}>
<Tab value="Rust">
```rust
use stochastic_rs::simd_rng::Deterministic;
use stochastic_rs::stochastic::noise::fgn::Fgn;

let fgn = Fgn::<f64, _>::new(/* hurst */ 0.3, /* n */ 4096,
                             /* t */ Some(1.0), Deterministic::new(42));
let increments = fgn.sample();
```
</Tab>
<Tab value="Python">
```python
import stochastic_rs as srs
import numpy as np

fgn = srs.Fgn(hurst=0.3, n=4096, t=1.0, seed=42)
increments = fgn.sample()
fbm = np.cumsum(increments)         # fBM = cumsum(fGN)
```
</Tab>
</Tabs>

## Common patterns

### Construction

Every process follows the same `new(args, seed)` pattern (mirrors the
distribution constructors — see the [seeding concept
page](/docs/concepts/seeding)). The seed argument is a value implementing
[`SeedExt`](/docs/concepts/seeding):

```rust
use stochastic_rs::simd_rng::{Deterministic, Unseeded};

let p = Foo::<T, _>::new(/* params */, n, x0, t, Unseeded);                  // auto-seeded
let p = Foo::<T, _>::new(/* params */, n, x0, t, Deterministic::new(42));    // reproducible
```

Use `Deterministic` in tests so they replay bit-exactly; pass a shared
`Deterministic` to several processes when chaining correlated factors —
each call to `seed.rng()` / `seed.rng_ext()` atomically advances the
internal counter, so the streams diverge despite the shared root seed.
`SeedExt::reseed(u64)` swaps a `Deterministic` source in place to sweep
seeds without rebuilding the process.

### Sampling

```rust
let path  = p.sample();          // Array1<T>, length n
let paths = p.sample_par(m);     // Array2<T>, shape (m, n)
```

`sample_par(m)` uses Rayon. Each path gets a deterministic seed
derived from the master seed plus the path index, so the result is
thread-count-independent.

### Acceleration

CPU SIMD (`f64x4` / `f32x8`) is on by default. The fractional / fGN family
(`Fgn`, `Fbm`, `Fou`, `Fcir`, `Fgbm`, `FJacobi`, `Cfou`, `Cfgns`, `JumpFou`)
additionally picks a sampling **backend** at compile time with `.on::<B>()`:

```rust
use stochastic_rs::simd_rng::Unseeded;
use stochastic_rs::stochastic::device::CudaNative;
use stochastic_rs::stochastic::noise::fgn::Fgn;

let fgn = Fgn::<f32, _>::new(0.7, 65_536, None, Unseeded);
let path = fgn.on::<CudaNative>().sample();   // FFT on the GPU, zero runtime branch
```

Backends: `Cpu` (default), `CudaNative` (`cuda-native`), `CubeCl`
(`gpu` / `gpu-cuda` / `gpu-wgpu`), `MetalNative` (`metal`), `Accelerate`
(`accelerate`) — each marker exists only when its feature is compiled, so an
unavailable backend is a compile error, not a runtime fallback. See the
[Backends](/docs/concepts/backends) concept page and the
[Feature flags](/docs/concepts/feature-flags) matrix.

## Adding a new process

If you contribute, the four relevant SKILLs are:

- [`add-diffusion-process`](https://github.com/dancixx/stochastic-rs/blob/main/.claude/skills/add-diffusion-process/SKILL.md) — GBM / OU / CIR / Heston-style
- [`add-jump-process`](https://github.com/dancixx/stochastic-rs/blob/main/.claude/skills/add-jump-process/SKILL.md) — Merton-jump / Kou / Bates / compound-Poisson
- [`add-fractional-process`](https://github.com/dancixx/stochastic-rs/blob/main/.claude/skills/add-fractional-process/SKILL.md) — fBM / rough Bergomi / fractional CIR
- [`add-gpu-sampler`](https://github.com/dancixx/stochastic-rs/blob/main/.claude/skills/add-gpu-sampler/SKILL.md) — CUDA / Metal port

Each contains the file-by-file recipe.