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SSRNTrading, Microstructure & Execution

Cornish-Fisher Downside Risk: Estimation, Decomposition, and Backtesting

A new model for estimating risk based on the corrected Cornish-Fisher expansion provides more accurate downside risk forecasts for various equity indices and commodity futures.

Featured in No. 45 on 17 Apr 2024 · · 0 citations today

Released
1 Feb 2023
First featured
No. 45 · 17 Apr 2024
Citations (Semantic Scholar)
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Shares when featured
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Identifier
SSRN 4796363

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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