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)