Browsing School of Pure and Applied Sciences by Author "Koima, J.K."
Now showing items 1-1 of 1
-
Application of extreme value theory in the estimation of value at risk in Kenyan stock market
Koima, J.K.; Mwita, Peter N.; Nassiuma, D.K. (Int. J. Cur. Tr. Res, 2013)Most financial institutions have faced a lot of losses due to the fluctuations of commodities prices. Traditionally normal distribution was applied and could not capture rare events which caused enormous losses. The ...