We introduce a general class of multifractional stochastic processes driven by a multifractional Brownian motion  and study estimation  of their pointwise H\"older exponents (PHE) using the localized generalized quadratic variation approach.
<meaning-changed> We introduce a general class of multifractional stochastic processes driven by a multifractional Brownian motion  and study estimation  of their pointwise H\"older exponents (PHE) using the localized generalized quadratic variation approach.
We introduce a general class of multifractional stochastic processes driven by a multifractional Brownian motion (mBm) and study estimation of their pointwise H\"older exponents (PHE) using the localized generalized quadratic variation approach.