Compute expected lower partial moments for normal asset returns
elpm(Mean, Sigma) elpm(Mean, Sigma, MAR) elpm(Mean, Sigma, MAR, Order) oment = elpm(Mean, Sigma, MAR, Order)
(Optional) Scalar minimum acceptable return (default
(Optional) Either a scalar or a
NUMSERIES asset returns with a vector
of mean returns in a
a vector of standard deviations of returns in a
a scalar minimum acceptable return
MAR, and one
or more nonnegative integer moment orders in a
compute expected lower partial moments (
MAR for each asset in a
Moment, is a
of expected lower partial moments with
NUMSERIES series, that is, each row contains
expected lower partial moments for a given order.
To compute upper partial moments, reverse the signs of both
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