Statistical Analysis of the Microvariable AGN Source Mrk 501

We report on the optical observations and analysis of the high-energy peaked BL Lac object (HBL), Mrk 501, at redshift z = 0.033. We can confirm microvariable behavior over the course of minutes on several occasions per night. As an alternative to the commonly understood dynamical model of random variations in intensity of the AGN, we develop a relativistic beaming model with a minimum of free parameters, which allows us to infer changes in the line of sight angles for the motion of the different relativistic components. We hope our methods can be used in future studies of beamed emission in other active microvariable sources, similar to the one we explored.