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 ...

ABSTRACT: The release of the VAST catalog for the effective radius of cosmic voids has produced a large quantity of data that ask to be analysed with old and new probability distributions. We tested ...

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 ...

This is a preview. Log in through your library . Abstract Herein proposed is a four-parameter univariate probability density function, defined for a positive random variable. The density function may ...

Future events are far from certain in the business world. This is especially true for smaller businesses, which tend to have more volatility than larger organizations, or newer businesses without a ...