5 Simple Statements About pnl Explained
You can even analyse the skewness and kurtosis on the time period PnL by getting 3rd and 4th moments of $Y_t$ respectively. Presumably you might conclude that for 2 series with similar expectation and variance, you might prefer the a person with good skew or lessen kurtosis, but maybe not dependant upon the self-confidence of the marketplace watch,