The earner of this badge is able to specify how a probability distribution is used in a financial model simulation; characterize the different components of a time series (trend, seasonality, autocorrelation, volatility, mean reversion); fit various autoregressive models (ARCH, GARCH, more); use Markov chains in simulations; work with multi-variate time series; determine the correlation structure in time series; fit appropriate probability distributions to historical data, and assess the fit.

• Type Validation
• Time Months