• There are different ways to hedge tail risk, but a popular one is to create a basket of derivatives that will perform poorly during normal market conditions but soar when markets plunge.

    有不同的方式来对冲尾部风险,但流行的是创造一篮子的在正常市场条件下表现不佳,但在市场暴跌的时候一飞冲天的衍生品。

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  • Whether this reflects macrophagic dysfunction, or the tail-end of a normal population distribution of aluminium clearance and local tissue response, has not been determined.

    然而,这是否反映了巨噬细胞功能障碍,或者反映了铝清除能力和局部组织反应的人群正态分布中的尾端部分,目前对此尚无定论。

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  • The Golden Retriever has a normal canine structure without distortions of leg, jaw or tail, and is characteristically a healthy, sturdy, adaptable animal.

    金毛巡回猎犬有着犬类标准的结构,正常情况下不会有扭曲的腿、下颌或尾巴。

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  • Before alternation, failures often occurred in the hoist control system of tail water gate in Ankang Hydropower Station, which had impact the normal electricity generation.

    安康电站尾水门机电气控制系统在改造前故障时有发生,严重影响电站正常生产,甚至威胁到电站防汛工作的开展。

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  • The tail ends of cellular protein templates, regions often thought relatively inconsequential, may actually play a role in preventing normal cells from becoming cancerous.

    细胞蛋白模版尾端区域一直以来都被认为是相对无关紧要的,事实上它可能在阻止正常细胞转变成肿瘤过程中起作用。

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  • Empirical evidences show that the distributions of high frequency time series are "fat tail" type distribution rather than normal distribution with "light tail" as those in traditional modeling.

    经验表明高频时间序列的分布常是“肥尾”型的,而非传统建模中的“薄尾”型的正态分布。

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  • The main conclusions are: (1)The return rate of stock index is verified further that it's not normal but with heavy tail;

    主要的结论是:进一步验证了股指收益率的分布不是正态的,而是具有厚尾性;

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  • The normal distribution is very often inadequate for the description of real financial data with heavy-tail distributions, especially very large quantile that interest to a risk manager.

    广泛应用的正态分布不足以描述金融收益的厚尾特征,尤其是风险管理者最为关心的较大分位数。

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  • The normal distribution is very often inadequate for the description of real financial data with heavy-tail distributions, especially very large quantile that interest to a risk manager.

    广泛应用的正态分布不足以描述金融收益的厚尾特征,尤其是风险管理者最为关心的较大分位数。

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