Daily stock returns of major indices are not well modeled by the normal distribution and are better approximated by the Laplace distribution.
SciPy: Open Source Scientific Tools for Python, 2001-, http://www.scipy.org/ [Online; accessed 2019-06-24]
1 Pith paper cite this work. Polarity classification is still indexing.
1
Pith paper citing it
fields
q-fin.MF 1years
2019 1verdicts
UNVERDICTED 1representative citing papers
citing papers explorer
-
Against the Norm: Modeling Daily Stock Returns with the Laplace Distribution
Daily stock returns of major indices are not well modeled by the normal distribution and are better approximated by the Laplace distribution.