Discover how tail risk impacts portfolios, why rare financial events matter, and strategies for safeguarding investments against significant, unexpected losses.

Discover how multivariate models use multiple variables for investment forecasting, risk analysis, and decision-making in finance. Ideal for portfolio management.

Is your feature request related to a problem? Please describe. It doesn't appear that there is an easy way to plot the marginal distribution for multivariate probability distributions. For example, ...

This study presents a method based on Archimedean and Gaussian copulas to simulate the occurrence of hydrological droughts. The droughts were characterized by theory of runs for four threshold levels ...

ABSTRACT: Singh, Gewali, and Khatiwada proposed a skewness measure for probability distributions called Area Skewness (AS), which has desirable properties but has not been widely applied in practice.

Although fans of A Song of Ice and Fire might still be hankering for the long-delayed next book in the series, bestselling sci-fi/fantasy author George R.R. Martin has instead added a different item ...

Private foundations contribute a staggering $105.21 billion to public charities annually, representing $1 out of every $5 donated. Internal Revenue Code Section 4942 requires private nonoperating PFs ...