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.
Longaniza is the most common type of sausage, or at least the most common name in Chile for sausages that also could be classified as chorizo. The Chilean variety is made of four parts pork to one part bacon (or less) and seasoned with finely ground garlic, salt, pepper, cumin, oregano, paprika and chilli sauce.onganiza is the most common type of sausage, or at least the most common name in Chile for sausages that also could be classified as chorizo. The Chilean variety is made of four parts pork to one part bacon (or less) and seasoned with finely ground garlic, salt, pepper, cumin, oregano, paprika and chilli sauce.