Difference between revisions of "Tail risk"

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== See also ==
 
== See also ==
* [[CertFMM]]
 
 
* [[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.


See also