We have decided to discontinue the publication of preprints on our preprint server as of 1 March 2024. The publication culture within mathematics has changed so much due to the rise of repositories such as ArXiV (www.arxiv.org) that we are encouraging all institute members to make their preprints available there. An institute's repository in its previous form is, therefore, unnecessary. The preprints published to date will remain available here, but we will not add any new preprints here.
We study signature tensors of paths from an algebraic geometric viewpoint. The signatures of a given class of paths parametrize a variety inside the space of tensors, and these signature varieties provide both new tools to investigate paths and new challenging questions about their behavior. This paper focuses on signatures of rough paths. Their signature variety shows surprising analogies with the Veronese variety, and our aim is to prove that this so-called Rough Veronese is toric. The same holds for the universal variety. Answering a question of Amendola, Friz and Sturmfels, we show that the ideal of the universal variety does not need to be generated by quadrics.