Deep Dive: CFA® Level I Prep 2026
Deep Dive: CFA® Level I Prep 2026
Deep Dive Prep
QUANT - Statistical Measures of Asset Returns
10 minutes Posted Jan 10, 2026 at 4:37 pm.
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Statistical Measures of Returns with Mara Ellington & Dorian Hayes.

In this bite-size Quant Methods episode, we turn raw return data into insight:

  • Means that matter: arithmetic vs. geometric returns (μ, g).
  • How variance, standard deviation & downside risk frame volatility (σ, σ2).
  • Reading the shape: skewness, kurtosis & (non-)normality.
  • Why cov(Ri, Rj) and ρ drive diversification.

Perfect if you want CFA Level I stats to finally “click”.