.Otherwise, copulas are a statistic tool to model the dependence in a realistic and less restrictive way,taking better account of the … stylized facts in finance.This paper is a practical implementation of the copulas theory to model dependence between differen … bivariate VaR level curves and to study extremal dependence between hedgefunds strategies and share index returns through the …

.Otherwise, copulas are a statistic tool to model the dependence in a realistic and less restrictive way,taking better account of the … stylized facts in finance.This paper is a practical implementation of the copulas theory to model dependence between differen … bivariate VaR level curves and to study extremal dependence between hedgefunds strategies and share index returns through the …

. Otherwise, copulas are a statistic tool to model the dependence in a realistic and less restrictive way, taking better account … of the stylized facts in finance. This paper is a practical implementation of the copulas theory to model dependence … the bivariate VaR level curves and to study extremal dependence between hedge funds strategies and share index returns …