Stress testing is not new to the risk world but has been a major focus since the GFC (Global Financial Crisis). For a number of years now, stress testing has helped analytical specialists quantify various aspects of potential loss. What is new is the introduction of regulatory stress tests which
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Five Keys to Successful Stress Testing
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Skew this
The skewness of a distribution indicates whether a distribution is symmetric or not. A distribution that is symmetric about its mean has zero skewness. In contrast, if the right tail of a unimodal distribution has more mass than the left tail, then the distribution is said to be "right skewed"