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.
The Caucasian race (also Caucasoid or occasionally Europid) is a taxon historically used to describe the physical or biological type of some or all of the populations of Europe, North Africa, the Horn of Africa, Western Asia, Central Asia, and South Asia.he Georgian skull Blumenbach discovered in 1795, which he used to hypothesize origination of Europeans from the Caucasus. The term Caucasian race was coined by the German philosopher Christoph Meiners in his The Outline of History of Mankind (1785).