PNL CAN BE FUN FOR ANYONE

pnl Can Be Fun For Anyone

You can even analyse the skewness and kurtosis with the period PnL by using third and 4th moments of $Y_t$ respectively. Presumably you'll conclude that for 2 collection with similar expectation and variance, you might favor the one particular with beneficial skew or decreased kurtosis, but maybe not based on the self esteem of the industry perspec

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