Expected shortfall, like VAR, is a function of two parameters: N (the time horizon in days) and X% (the confidence level). It is the expected loss during an N-day period, conditional that the loss is greater than the Xth percentile of the loss distribution.
Longanisa is a Philippine version of a Spanish Longaniza sausage. Longaniza is also popular in Argentina, Chile, Mexico and all other Spanish speaking countries including the Caribbean Islands like Cuba and the Dominican Republic.
Longganisa (or longanisa, or longaniza) are Filipino chorizos. These cured sausages are famous in almost every Philippine region. The famous varieties of longganisa are: Vigan, Lucban, and Guagua which were named according to the town that they came from.ork is the most common meat used in making this sausage; Chicken, beef, and even tuna are sometimes used as alternatives. This Longganisa Recipe that we have here involves curing the meat using Prague powder and sodium phosphate.