You can also analyse the skewness and kurtosis with the period PnL by using third and 4th times of $Y_t$ respectively. Presumably you are going to conclude that for 2 sequence with equivalent expectation and variance, you will choose the just one with positive skew or decrease kurtosis, but it's https://kylerfmquy.xzblogs.com/74836039/top-guidelines-of-pnl