kurtosis

A Comprehensive Risk Analysis: Gold Vs. The Stock Market …

SummaryWhile we cannot totally eliminate our bias, we can look at data objectively to reach a less biased conclusion.
Black Monday has a very significant impact on the statistical risk measures for the S&P 500.
It is justified for long-term investors to remove Black Monday from the risk analysis.
If Black Monday is included than gold has somewhat lower risk measures than stocks; […]