copula
- n an equating verb (such as `be' or `become') that links the subject with the complement of a sentence
- In 1998, before Li had even invented his copula function, Paul Wilmott wrote that "the correlations between financial quantities are notoriously unstable.
- I read Felix Salmon's article "The Formula That Killed Wall Street" quite thoroughly and all I can conclude is that the Gaussian copula formula was a sham and those who exploited .
- You might want to go back a bit and check out the discussion on Gaussian copula function and its failure to provide insightful information on correlation and more appropriately risk.