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Re:ETFs, Volatility and Leverage: Towards a New Leveraged ETF by nlitened on Monday April 06, 2020 @02:28AM (#22791330)
Thats a fair assumption. But I did skim to the part that attempted to address non-normality—it doesn’t. Under non-normality, not a single formula in this post holds (“standard deviation” does not exist).

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