moment.fourth {PerformanceAnalytics} | R Documentation

## calculate the fourth mathematical moment of the return function

### Description

The fourth mathematical moment of the return function. Favre and Renaldo use this as separate from kurtosis in developing a four-moment CAPM model.

### Usage

    moment.fourth(R, na.rm = FALSE)

### Arguments

`R` | return vector of the portfolio
`na.rm` | TRUE/FALSE Remove NA's from the returns?

### Value

fourth mathematical moment of the distribution

### Author(s)

Brian G. Peterson

### References

Favre, L. and Renaldo, A. How to Price Hedge Funds: From Two- to Four-Moment CAPM. October 2003. UBS and Edhec Business School.

### See Also

`moment.third`

### Examples

[Package PerformanceAnalytics version 0.9.5 Index]