Drake Freeman

Mentor: Dr. Farid Aitsahlia
Warrington College of Business Administration
 
"The University Scholars Program was an excellent opportunity for me to explore an entirely new area of study, one much different from my undergraduate major. A fascination with the complexity of the mathematical models created to predict future volatility propelled me to conduct this research. I am excited to see what overlay there might be between what I have learned as a chemical engineer and the financial modeling work I am conducting for this research."

Major

Chemical Engineering

Minor

Spanish

Research Interests

  • Markov-Switching Multifractal Volatility Modeling
  • American Option Pricing Modeling
  • Algorithmic Trading

Academic Awards

  • Florida Engineering Society Merit Award
  • Honors Program
  • UF University Scholars Program
  • Florida Bright Futures

Organizations

  • American Institute of Chemical Engineering
  • Delta Chi

Volunteer

  • Epsilon Sigma Alpha Service Fraternity (Founder)
  • St. Jude Children's Research Hospital
  • Dance Marathon Participant

Hobbies and Interests

  • Guitar
  • Derivative Trading
  • Golf
  • Traveling

Research Description

Stochastic Volatility Modeling
My research will deal with developing improvements to markov-switching multifractal volatility modeling. My goal is to improve out-of-sample prediction accuracy under a range of different circumstances while retaining the parsimonious nature of this particular model. Applications to American option pricing will also be explored.