moment.third {PerformanceAnalytics} | R Documentation

## calculate the third mathematical moment of the return function

### Description

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

### Usage

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

### Arguments

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

### Value

third moment of the return series

### Author(s)

Brian G. Peterson

### References

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

### See Also

`moment.fourth`

### Examples

[Package PerformanceAnalytics version 0.9.5 Index]