IC 418 IC 418 IC 418, also known as Spirograph Nebula, is a planetary nebula in the Milky Way Galaxy. The name derives from the intricate pattern of the nebula, which resembles a pattern which can be created using the Spirograph, a toy that produces geometric patterns (specifically, hypotrochoids and epitrochoids) on paper. Only a few million years ago, IC 418 was probably a common red giant star. Since running out of nuclear fuel, though, the outer envelope has begun expanding outward leaving a hot remnant core destined to become a white dwarf star. IC 418 lies about 3600 light-years away and
Geometric Brownian motion Geometric Brownian motion A geometric Brownian motion (GBM) (also known as exponential Brownian motion) is a continuous-time stochastic process in which the logarithm of the randomly varying quantity follows a Brownian motion (also called a Wiener process) with drift. It is an important example of stochastic processes satisfying a stochastic differential equation (SDE); in particular, it is used in mathematical finance to model stock prices in the Black–Scholes model. A stochastic process "S" is said to follow a GBM if it satisfies the following stochastic differential equation (SDE): where formula_2 is a Wiener process or Brownian motion, and formula_3 ('the