Top pnl Secrets

It's also possible to analyse the skewness and kurtosis with the period of time PnL by taking 3rd and 4th times of $Y_t$ respectively. Presumably you'll conclude that for 2 series with equivalent expectation and variance, you are going to favor the 1 with favourable skew or reduced kurtosis, but maybe not according to the self-assurance of the mark

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