S & P 500 Analysis

Please wait for the page and graphs to load.... This post is based on Chapter 10 of Statistical Consequences of Fat Tails by Nassim Nicholas Taleb. The chapter emphasizes practical diagnostics to test if data behaves as if it comes from thin-tailed (Gaussian-like) distributions, or if it exhibits fat-tailed characteristics — a major issue in finance. Here, we apply similar tests on S&P 500 data,…