Tail risk: Difference between revisions
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imported>Doug Williamson (Create the page. Sources: linked pages.) |
imported>Doug Williamson (Removed link) |
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== See also == | == See also == | ||
* [[Fat tail]] | * [[Fat tail]] | ||
* [[Frequency distribution]] | * [[Frequency distribution]] | ||
Revision as of 14:34, 16 November 2016
The risk of adverse consequences from a 'tail event'.
Financial markets tend to have 'fat tails', meaning both the likelihood and the size of potential losses and other adverse consequences are systematically underestimated.
