This is a summary of links featured on Quantocracy on Tuesday, 01/10/2017. To see our most recent links, visit the Quant Mashup. Read on readers!
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Go Skew Yourself with Managed Futures [Alpha Architect]Skewness is a statistical measure of how returns behave in the tails of a probability distribution. Wikipedia has a more robust definition of skewness with some good visuals here. If an investment (e.g., stocks) has negative skewness this means that the extreme returns are more likely to be negative than positive (it has a tendency to crash). However, if its return has a positive skewness (e.g.,
