{"product_id":"modelling-extremal-stock-returns-in-a-stable-paretian-environment-von-hendrik-kohleick","title":"Modelling extremal stock returns in a stable Paretian environment","description":"\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\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783638717540\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783638717540","offer_id":39428286316637,"sku":"9783638717540","price":47.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/909cca57-cbc4-44eb-9464-dc3bde2ed0a2.jpg?v=1777354533","url":"https:\/\/shop.autorenwelt.de\/products\/modelling-extremal-stock-returns-in-a-stable-paretian-environment-von-hendrik-kohleick","provider":"Autorenwelt Shop","version":"1.0","type":"link"}