Whats the best book to learn about Algorithmic Trading?
Does anyone know percentage os quants who work with it?
I work with Risk Management, so I don't know much about Algorithmic Trading in practice.
If you do the Jarque-Bera test for normality, you will realize that most of the time returns do not follow a normal distribution or lognormal. Mostly because of some fat-tail problem, this can be proved by calculating kurtosis.
In a case of fat-tail distribution, t-student fits better.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.