There is strong evidence of a negative cross-sectional relationship between realized skewness and future stock returns - stocks with negative skewness are compensated with high future returns for ...

Intech Investment Management recently published a primer on monitoring market stress by way of several risk metrics, including skewness of returns (SoR). In the grand scheme of quantifying risk, SoR ...

In August 2019, at the end of one of the Nonviolent Global Liberation (NGL) retreats, the retreat team sat in the center of the circle and began to engage in a fully transparent process for ...

Most of us remember the frustration of trying to complete a collection of cards or stamps — you can never find the last one. In probability theory, this is known as the coupon collector's problem: ...

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