Volatility Control : a story of two measures of volatility
Reading Time: 4 minutes There are many measures of the volatility of an investment asset, and none are completely satisfactory. And that leaves aside the fact that volatility in itself, as the second moment of a distribution is not necessarily the best way of capturing the variations in a distribution with heavy tails. However, measuring volatility is necessary for … More Volatility Control : a story of two measures of volatility