PNL FOR DUMMIES

pnl for Dummies

You can also analyse the skewness and kurtosis on the period PnL by getting third and 4th moments of $Y_t$ respectively. Presumably you are going to conclude that for two series with similar expectation and variance, you might favor the a person with optimistic skew or lessen kurtosis, but possibly not with regards to the self-confidence of the mar

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