PNL FOR DUMMIES

pnl for Dummies

You can even analyse the skewness and kurtosis of the period of time PnL by having 3rd and 4th times of $Y_t$ respectively. Presumably you will conclude that for two sequence with similar expectation and variance, you will favor the just one with positive skew or decreased kurtosis, but it's possible not with regards to the confidence of the market

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