2 citations · 6 across the 22 of their papers we have counts for
4 papers · 1 filter
Theoretical Economics as Successive Approximations of Statistical Moments
Victor Olkhov
This paper studies the links between the descriptions of macroeconomic variables and statistical moments of market trade, price, and return. The randomness of market trade values a…
Economic Complexity Limits Accuracy of Price Probability Predictions by Gaussian Distributions
Victor Olkhov
We discuss the economic reasons why the predictions of price and return statistical moments in the coming decades, in the best case, will be limited by their averages and volatilit…
Market-Based "Actual" Returns of Investors
Victor Olkhov
We describe how the market-based average and volatility of the "actual" return, which the investors gain within their market sales, depend on the statistical moments, volatilities,…
Market-Based Probability of Stock Returns
Victor Olkhov
This paper describes the dependence of market-based statistical moments of returns on statistical moments and correlations of the current and past trade values. We use Markowitz's…