PNL FOR DUMMIES

pnl for Dummies

It's also possible to analyse the skewness and kurtosis of your period of time PnL by having 3rd and 4th moments of $Y_t$ respectively. Presumably you will conclude that for two collection with identical expectation and variance, you are going to want the one with favourable skew or decreased kurtosis, but maybe not depending upon the self confiden

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