Fig. 13
From: Measure distorted arrival rate risks and their rewards

Fit of spatially inhomogeneous variance gamma to one-, five- and ten-day returns on the XLF SPX ratio. Observed tail probabilities in circles. Model probabilities shown by dots
From: Measure distorted arrival rate risks and their rewards
Fit of spatially inhomogeneous variance gamma to one-, five- and ten-day returns on the XLF SPX ratio. Observed tail probabilities in circles. Model probabilities shown by dots