Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,916,090,933 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

leptokurtosis

   Also found in: Financial, Encyclopedia 0.01 sec.
leptokurtosis
see kurtosis.
Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
Add definition
Mentioned in?  References in periodicals archive?   Medical browser?   Full browser?
 
The author cautions about the use of applying VaR to measure a portfolio or an enterprise as it has limitations due to its heuristic nature, and is subject to attendant assumptions and complications as represented by skewness, leptokurtosis and outliers (especially), and conditional volatility and conditional correlation.
From the special issue editor by Lu, Victor F. / Review of Business
Leptokurtosis / Fat Tails Distribution Mandelbrot (1963), Fama (1965), Clark (1973), Blattberg and Goredes (1974) documented that the unconditional distribution of financial returns exhibits fat tails and excess peckedness at the mean.
Econometric modeling of time-varying conditional hetroscedasticity ... by Pati, Pratap Chandra / Indian Journal of Economics and Business
The sample kurtosis in Table 2 for the standardized residuals indicates that (G)ARCH accounts for some, but not all, of the leptokurtosis for the output growth rate.
The Great Moderation and the relationship between output growth and ... by Fang, Wen-Shwo; Miller, Stephen M. / Southern Economic Journal
 
 
 
Medical Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.