Research Article
A statistical analysis of Chinese stock indices returns from approach of parametric distributions fitting
https://doi.org/10.21203/rs.3.rs-1354559/v1
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posted 14 Mar, 2022
You are reading this latest preprint version
How to capture the statistical characteristics of Chinese stock indices returns by the method of parametric distributions fitting could be useful in the fields of econometrics and risk management.In this paper we use a wider range of parametric distributions to model four main Chinese stock indices. We find a generalization of the Student’s t distribution is shown to provide the best fit.
Stock indices
Generalized t distribution
Maximum likelihood
The authors declare no competing interests.
posted 14 Mar, 2022
You are reading this latest preprint version