Random Fractals and the Stock Market

Brownian Motion Cartoons - Initiator and Generator

The initiator is the straight line segment from (0, 0) to (1, 1).
The generator has turning points (4/9, 2/3) and (5/9, 1/3),
so is the broken line segment from (0, 0) to (4/9, 2/3) to (5/9, 1/3) to (1, 1).
Note for the generator segments,
dt1 = 4/9 - 0 = 4/9, dY1 = 2/3 - 0 = 2/3, so dY1 = (dt1)1/2
dt2 = 5/9 - 4/9 = 1/9, dY2 = 1/3 - 2/3 = -1/3, so -dY2 = (dt2)1/2
dt3 = 1 - 5/9 = 4/9, dY3 = 1 - 1/3 = 2/3, so dY3 = (dt3)1/2
We see all three segments of the generator satisfy
|dYi| = (dti)1/2.
This is the self-affinity scaling property of Brownain motion, and the reason we call this the generator of a Brownian motion cartoon.

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