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Chapter 1 Descriptive Statistics for Financial Data

Chapter 1 Descriptive Statistics forFinancial DataUpdated: February 3, 2015In this Chapter we use graphical and numerical Descriptive Statistics tostudy the distribution and dependence properties of daily and monthly assetreturns on a number of representative assets. The purpose of this chapteris to introduce the techniques of exploratory data analysis forfinancial timeseries and to document a set of stylized facts for monthly and daily assetreturns that will be used in later chapters to motivate probability models forasset R packages used in this Chapter arecorrplot,PerformanceAna-lytics,tserie sandzoo.

Feb 03, 2015 · An observed sample of size of historical asset returns ... are of class "zoo" and each have a column called AdjClose containing the end-of-month adjusted closing prices. Notice, however, that the dates asso-4CHAPTER 1 DESCRIPTIVE STATISTICS FOR FINANCIAL DATA

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