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C. Statistics |
New for January 2021
1)
Good info for an Intro to Probability and Statistics
1.1)
Looking at Data in
10 Minutes
1.2)
Probability in 10
Minutes
a) Educate the world about PnL
explained reporting (a.k.a. PnL Explain/PnL Attribution/P&L
Explained/P&L Attribution/Profit and Loss Explained)
b)
Provide a forum for PnL Explained Professionals to share information and help
them meet their professional goals.
c)
Provide credentials to professionals to help demonstrate that they have reached
a minimum level of proficiency in PnL explained reporting.
Res Non Ipsa Loquitur
Profit
and/or Loss (PnL) Explained also called P&L Attribution is a type of report
commonly used by traders, especially derivatives (swaps and options) traders,
that attributes or explains the daily fluctuation in the value of a portfolio
of trades to the root causes of the changes.
PnL is usually defined as value today minus value from prior day. PnL Explained is defined at a high level as
or in more detail:
For
more, see PnL Explained FAQ and PnL Explained
Glossary
And
also see MTM
Explained and Greeks Explained
This
website last updated December 2020