Pareto-Lévy Stable Distributions in Risk Management and Finance

Workshop held in Parma (Italy), on December the 1st, 2010, by Riccardo Donati, Redexe Risk Management & Finance, and Università degli Studi di Parma.

S&P 500 log-returns, LP stable fit vs. normal fit.

"8/8/2011 S&P 500 -6.66%: LP-stabile probability 0.6%, normal 0.00002%. Which one do you rely on? Which impact on financial turmoil? Which impact on financial shocks?"

See these Live Videos (EN, Audio Track IT).
Follow the Slidecast (EN, Audio Track IT).

Download the Workshop Slides (EN) (4.5M).
Download the Introduction To Stable Distributions, Mathematica Workbook (EN) (0.04M).
Download the Example of Stable Distributions on Risk Management, Mathematica Workbook (EN) (0.3M, lower case functions belong to a REDEXE package, you will probably haven't got them).

Download Redexe's Company Profile Redexe Risk Management And Finance (IT).
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If you wish the log-normal world end :) please click the Like button in order to follow Redexe's highlights for Risk and Portfolio Managers. Share the "stable idea" with your friends, thank you!

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