The transformation of credit scores into probabilities of default plays an important role in credit risk estimation. The linear logistic regression has developed into a standard calibration approach ...
Dispersion is an important statistical measure that quantifies the range of outcomes among the components of an index during a specific period. The S&P 500 Realized Dispersion Indices offer two ...
Statistical dispersion quantifies the variability of data relative to a central tendency, most commonly the mean, with variance the most usual measure of this. More generally, dispersion metrics are ...