• Refers to a statistic which is limiting or converges. This means that various samples of statistically acceptable sizes and samples across time exhibit relatively stable variances or standard deviations. This is an important assumption for many statistical analyses, particularly VAR (Value at Risk) methodologies. However, it may not apply during turbulent times. It must be used with caution.
| ||Embedded terms in definition|
| ||Standard deviation|
Value at risk
| ||Related Terms|
| ||Variance, infinite|
What to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...
There's a saying among prospectors: "Go out looking for one thing, and that's all you'll ever find." - Robert Flaherty