Tag Archives: Kurtosis

Left Tail Stock Market Event

A left tail event has occurred in the stock market. But the market is smart (we hope) and the left tail event is not in daily returns but in volatility. As it turns out, this tail event comes from a … Continue reading

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S&P 500 Daily Returns Distribution and Statistics

Despite the fat tails and especially the one on the left side that includes one very rare event and a few other not so very rare, the distribution of S&P 500 daily returns is  as good as it can get in a … Continue reading

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