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PnL Explained Professionals Home Page!
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C. Statistics |
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New for September 2020
1)
*NEW* Content and original materials
from my NYU Intro to Statistics class
2)
*NEW* layout, enhanced to organize content into three areas:
A)
PnL Explained. Covering MTM, PnL, greeks, Risk, Stress
Tests, VaR. This is the original
content that you know and love from this site.
B)
CTRM = Commodities Trading & Risk
Management
C)
Statistics – Useful
content on Probability and Statistics
3)
New logo 
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 September 2020