Stable Distribution Function
Stable Distribution Function
The simple algorithm used in this Demonstration can calculate the stable distribution function and its first several derivatives with good accuracy for . It is offered to help with financial analysis where the data generally has the shape parameter greater than 1. The Nolan 1-parameterization is used where the parameters have the characteristics listed below.
α>1
α
0<α≤2
α=2
α
β
γ
δ
α>1
δ