A REVIEW OF PNL

A Review Of pnl

You can even analyse the skewness and kurtosis in the period of time PnL by having third and 4th times of $Y_t$ respectively. Presumably you are going to conclude that for 2 collection with identical expectation and variance, you may favor the one with constructive skew or decreased kurtosis, but it's possible not dependant upon the self-confidence

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