RedES™, a risk measure in a Pareto-Lévy Stable framework with clustering
In this video, Riccardo Donati talks about the paper he wrote with Prof. Marco Corazza: "RedES™, a risk measure in a Pareto-LévyStable framework with clustering", 23/4/2014, MAF 2014 http://www.maf2014.unisa.it/
RedES™ is a crucial part of Redexe's business. It is used to develop automatic trading systems that correctly consider price probability.
Furthermore, it is the core of a proprietary portfolio optimization model that achieves rock solid, black swan proof allocations, resistant or even antifragile to market shocks, suitable for a modern Wealth Management.
Between the lines, Riccardo's thought on many general financial topics...
(English audio with English and Italian subtitles)