Evaluating risk in precious metal prices with generalised lambda, generalised pareto and generalised extreme value distributions

In this study we investigate the performance of the generalised lambda distribution (GLD), the generalised Pareto distribution (GPD) and the generalised extreme value distribution (GEVD) in modelling daily platinum, gold and silver price log-returns. Our primary goal is to compare GLD against GPD, a...

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Bibliographic Details
Main Authors: Chinhamu, K., Huang, Chun-Kai, Chikobvu, D.
Format: Journal Article
Published: 2017
Online Access:http://hdl.handle.net/20.500.11937/67534