\HeaderA{table.HigherMoments}{Higher Moments Summary: Statistics and Stylized Facts}{table.HigherMoments}
\keyword{ts}{table.HigherMoments}
\keyword{multivariate}{table.HigherMoments}
\keyword{distribution}{table.HigherMoments}
\keyword{models}{table.HigherMoments}
\begin{Description}\relax
Summary of the higher moements and Co-Moments of the return distribution. Used to determine diversification potential.
Also called "systematic" moments by several papers.
\end{Description}
\begin{Usage}
\begin{verbatim}
table.HigherMoments(Ra, Rb, scale = NA, Rf = 0, digits = 4, method = "moment")
\end{verbatim}
\end{Usage}
\begin{Arguments}
\begin{ldescription}
\item[\code{Ra}] an xts, vector, matrix, data frame, timeSeries or zoo object of asset returns 
\item[\code{Rb}] return vector of the benchmark asset 
\item[\code{scale}] number of periods in a year (daily scale = 252, monthly scale = 12, quarterly scale = 4) 
\item[\code{Rf}] risk free rate, in same period as your returns 
\item[\code{digits}] number of digits to round results to 
\item[\code{method}] method to use when computing \code{\LinkA{kurtosis}{kurtosis}} one of: \code{excess}, \code{moment}, \code{fisher} 
\end{ldescription}
\end{Arguments}
\begin{Value}
table of summary statistics
\end{Value}
\begin{Author}\relax
Peter Carl
\end{Author}
\begin{References}\relax
Martellini L., Vaissie M., Ziemann V. Investing in Hedge Funds: Adding Value through Active Style Allocation Decisions. October 2005. Edhec Risk and Asset Management Research Centre.
\end{References}
\begin{SeeAlso}\relax
\code{\LinkA{CoSkewness}{CoSkewness}} \\
\code{\LinkA{CoKurtosis}{CoKurtosis}} \\
\code{\LinkA{BetaCoVariance}{BetaCoVariance}} \\
\code{\LinkA{BetaCoSkewness}{BetaCoSkewness}} \\
\code{\LinkA{BetaCoKurtosis}{BetaCoKurtosis}} \\
\code{\LinkA{kurtosis}{kurtosis}}
\end{SeeAlso}
\begin{Examples}
\begin{ExampleCode}
data(managers)
table.HigherMoments(managers[,1:3],managers[,8,drop=FALSE])
\end{ExampleCode}
\end{Examples}

