Value at risk (VaR) and expected shortfall (ES) are common high quantile-based measures adopted in financial regulations management. In this paper, we propose a tail measure based on the most probable maximum size of events (MPMR) that can occur over length time. MPMR underscores dependence management time frame. Unlike VaR ES, does not require specifying confidence level. We derive analyticall...

the aim of the study was to investigate the effect of tail-docking on the lh pulse frequency in femaletuj lambs. twelve female lambs were assigned into two equal groups. a rubber ring was applied to the baseof the tail for shedding off. blood samples were collected for 8 h in the 4th and 8th months of age todetermine pulsatile secretion of lh. starting from the age of 6 months, blood samples we...