Research Article
Risk Analysis of Gold Prices in Pakistan Using Extreme Value Theory
Table 6
Return level based on GEV distribution for the three block frames with 95% confidence bounds.
| Return period | (probability exceedances) 1/return period | (probability nonexceedances) | Monthly | Quarterly | Yearly |
| Once in five years | 0.20 | 0.80 | 0.0293 (0.0224, 0.0449) | 0.0249 (0.0194, 0.0444) | 0.0237 (0.0177, 0.0568) | Once in ten years | 0.10 | 0.90 | 0.0363 (0.0262, 0.0621) | 0.0311 (0.0226, 0.0693) | 0.0314 (0.0211, 0.0942) |
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