Risk Analysis of Gold Prices in Pakistan Using Extreme Value Theory

<table class="table-group" id="tab1"><tr><td><table class="table"><tr><td class="thead-hr" colspan="9"><hr/></td></tr><tr class="thead"><td class="align_left">Obs.</td><td class="align_center">Mean</td><td class="align_center">Median</td><td class="align_center">Maximum</td><td class="align_center">Minimum</td><td class="align_center">SD</td><td class="align_center">J-B test</td><td class="align_center">Skewness</td><td class="align_center">Kurtosis</td></tr><tr><td class="thead-hr" colspan="9"><hr/></td></tr><tr><td class="align_left">2706</td><td class="align_center">0.00012</td><td class="align_center">0.00013</td><td class="align_center">0.03858</td><td class="align_center">−0.03784</td><td class="align_center">0.00477</td><td class="align_center">6061.756 (0.001)</td><td class="align_center">−0.09688</td><td class="align_center">10.3284</td></tr><tr class="table-tr"><td colspan="9"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>Descriptive summary statistic of gold returns.</div>

Mathematical Problems in Engineering

tab1

Table 1

Table 1: Risk Analysis of Gold Prices in Pakistan Using Extreme Value Theory 