ARTICLE SYNOPSIS...The NYSE Composite Index completed its black crow formation. What's next?
ARTICLE SYNOPSIS...With the many strategies you can trade, computing expected returns can be tedious. Using one strategy as an example, we look at how calculating maximum profit and loss plus factoring in the probability of profit can identify profitable statistical arbitr
ARTICLE SYNOPSIS...MEASURING ASSOCIATION BETWEEN RETURNS ON TWO ASSETS The covariance between the total returns on two assets X and Y is defined as the average over the entire period of the products consisting of asset X's return in a given subperiod less its average retu