You can even analyse the skewness and kurtosis in the period PnL by using third and 4th moments of $Y_t$ respectively. Presumably you may conclude that for 2 series with similar expectation and variance, you might prefer the just one with optimistic skew or decrease kurtosis, but maybe not depending on the self-assurance of the industry check out,

PnL unexplained is really a vital metric that regulators and merchandise Regulate within a lender alike pay attention to.PNL's songs is labeled as cloud rap as well as their type continues to be called "raw, hypnotic and moving" by French journalist Olivier Cachin.[24] As outlined by France Information's Laure Narlian "the distinction in between th