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.
As with Sausage Wiki, the text of Wikipedia is available under the Creative Commons Attribution-Share Alike License 3.0 (Unported) (CC-BY-SA). Longaniza (Spanish pronunciation: [loÅgaËniÎ¸a]) is a Spanish sausage (embutido) similar to a chorizo and also closely associated with the Portuguese linguiÃ§a. Its defining characteristics are interpreted differently from region to region.