THE PNL DIARIES

$ While in the "do the job case" you liquidate the portfolio at $t_1$ realising its PnL (let me simplify the notation a little)PNL's new music is labeled as cloud rap as well as their type has been described as "raw, hypnotic and relocating" by French journalist Olivier Cachin.[24] As outlined by France Info's Laure Narlian "the contrast amongst th

You can even analyse the skewness and kurtosis in the period PnL by having third and 4th moments of $Y_t$ respectively. Presumably you can conclude that for two series with similar expectation and variance, you may want the one with optimistic skew or reduce kurtosis, but possibly not according to the self confidence of the market look at, etc..La