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dc.contributor.author Dowd, Kevin
dc.contributor.author Cotter, John
dc.contributor.author Humphrey, Christopher
dc.contributor.author Woods, Margaret
dc.date.accessioned 2009-11-18T17:44:04Z
dc.date.available 2009-11-18T17:44:04Z
dc.date.copyright 2008, Euromoney Institutional Investor PLC en
dc.date.issued 2008
dc.identifier.citation Journal of Portfolio Management en
dc.identifier.issn 0095-4918
dc.identifier.uri http://hdl.handle.net/10197/1625
dc.description.abstract This article examines the likelihood of high-sigma loss events, paying particular attention to the so-called 25-sigma events which a number of financial institutions have allegedly experienced in the recent financial turmoil. The authors discuss several well-known cases and their media coverage, and then examine the probabilities of such events and the periods of time that would elapse before one would expect to witness them. They find that 25-sigma events are far less likely to occur than recent discussions would suggest--so much so, in fact, that they are literally incredible. en
dc.format.extent 366071 bytes
dc.format.mimetype application/pdf
dc.language.iso en en
dc.publisher Euromoney Institutional Investor en
dc.subject.lcsh Distribution (Probability theory) en
dc.subject.lcsh Financial crises--Econometric models en
dc.subject.lcsh Global Financial Crisis, 2008-2009 en
dc.title How unlucky is 25-Sigma? en
dc.type Journal Article en
dc.internal.authorurl John Cotter (web page) en
dc.internal.authorurl http://www.ucd.ie/research/people/business/drjohncotter/ en
dc.internal.authorid UCD0043 en
dc.internal.availability Full text available en
dc.internal.webversions Online provider's version en
dc.internal.webversions http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=34072577&site=ehost-live en
dc.status Peer reviewed en
dc.identifier.volume 34 en
dc.identifier.issue 4 en
dc.identifier.startpage 76 en
dc.identifier.endpage 80 en
dc.neeo.contributor Dowd|Kevin|aut| en
dc.neeo.contributor Cotter|John|aut|UCD0043 en
dc.neeo.contributor Humphrey|Christopher|aut| en
dc.neeo.contributor Woods|Margaret|aut| en


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