{"product_id":"modelling-extremal-stock-returns-in-a-stable-paretian-environment-9783638717540","title":"Modelling extremal stock returns in a stable Paretian environment","description":"\u003cp\u003e • Author(s): Hendrik Kohleick\u003cbr\u003e • Publisher: Grin Verlag\u003cbr\u003e • Publisher Imprint: Grin Verlag\u003cbr\u003e • BISAC: Probability \u0026amp; Statistics - General\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eDiploma Thesis from the year 2003 in the subject Mathematics - Statistics, grade: 1,0, University of Cologne (Seminar für Wirtschafts- und Sozialstatistik), language: English, abstract: Finance experts and statisticians still have considerable difficulties to understand extremal movements in stock prices. Basically, there are two approaches to shed some light on this question: 1. Tail inference based on full parametric assumptions 2. \"Letting the tails speak for themselves\" This paper discusses both approaches, the stable Paretian distribution serving as a conceptual framework for the analysis.\u003c\/p\u003e","brand":"Grin Verlag","offers":[{"title":"Paperback","offer_id":45562348011671,"sku":"9783638717540","price":5683.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9783638717540.webp?v=1767465101","url":"https:\/\/atlanticbooks.com\/products\/modelling-extremal-stock-returns-in-a-stable-paretian-environment-9783638717540","provider":"Atlantic Books","version":"1.0","type":"link"}