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
Brownian Motion Ultimate squared off against defending champions Colorado. Colorado, led by 2004 Callahan Award winner Josh "Richter" Ackley and sophomore Beau Kittredge, had had a more successful spring season than Brown, but the two teams had not yet faced each other. The night before the game, Brown's Josh Ziperstein was announced the 2005 Callahan Award winner, leading to a rare occurrence of two Callahan Award winners playing against each other in the finals. Brown defeated Colorado 15-14 in a game that featured incredible plays by both Brown and Colorado. 2005 2004 2003 2002 2001 2000 1999 1998 1996 Brownian Motion Ultimate Brownian