Stochastic integral at time T











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I am more into programming, although I recently become interested in quantative finance. I am currently reading Kerry's Beck book regarding financial derivatives valuations and I found there this formula



As far as I rember integral is area under curve, does this formula imply that value of variable X at time T is equal to area under curve of stochastic variable? This doesn't make sense for me.
Thank you in advance!










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    up vote
    -1
    down vote

    favorite












    I am more into programming, although I recently become interested in quantative finance. I am currently reading Kerry's Beck book regarding financial derivatives valuations and I found there this formula



    As far as I rember integral is area under curve, does this formula imply that value of variable X at time T is equal to area under curve of stochastic variable? This doesn't make sense for me.
    Thank you in advance!










    share|cite|improve this question
























      up vote
      -1
      down vote

      favorite









      up vote
      -1
      down vote

      favorite











      I am more into programming, although I recently become interested in quantative finance. I am currently reading Kerry's Beck book regarding financial derivatives valuations and I found there this formula



      As far as I rember integral is area under curve, does this formula imply that value of variable X at time T is equal to area under curve of stochastic variable? This doesn't make sense for me.
      Thank you in advance!










      share|cite|improve this question













      I am more into programming, although I recently become interested in quantative finance. I am currently reading Kerry's Beck book regarding financial derivatives valuations and I found there this formula



      As far as I rember integral is area under curve, does this formula imply that value of variable X at time T is equal to area under curve of stochastic variable? This doesn't make sense for me.
      Thank you in advance!







      integration stochastic-processes stochastic-calculus






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      share|cite|improve this question











      share|cite|improve this question




      share|cite|improve this question










      asked Nov 14 at 23:26









      MrNice

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