GETTING MY PNL TO WORK

Getting My pnl To Work

You can also analyse the skewness and kurtosis on the period PnL by getting third and 4th moments of $Y_t$ respectively. Presumably you'll conclude that for 2 collection with identical expectation and variance, you might prefer the one with constructive skew or decrease kurtosis, but it's possible not according to the self esteem of the industry se

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