Modification of Price Performance Analytics: A Beta-G Family of Distributions
Modification of the pro-forma of wholesale price performance of commodities has received less attention due to its technicality, mathematical derivations, rigorous computations and bounded observations. This study examined nine (9) robust members of the Beta-G family of distributions for the modification of the price performance analytics of Value-at-Risk indexes - Sharpe Ratio, Multi-period & Annualized variations, and Tracking Error indexes.
The retail prices of cereals in Kano state, Nigeria were the empirical data used to verify derived solutions via tangent method for root finding. Log-logistic distributional noise for the prices of rice, maize, sorghum millet, guinea corn, cowpea, groundnut, beans, wheat and cassava produced the minimum positive risk-free rate unit of volatility of 1.6518, 0.5674, 11.3893, 9.2828, 8.8755, 10.1269, 4.1438, 41.8871, and 7.1491 respectively. Chen random noise absolved the characterized fluctuations/noisy traits in the prices of the cereals to give minimum annual and quarterly coefficient of variations of (0.8909 & 0.445); (0.8327 & 0.4163742); (0.7852 & 0.3926); (0.7819 & 0.3909); (0.8812 & 0.4406); (0.81163 & 0.4058); (0.8281 & 0.4141); (0.7873 & 0.3937); and (7.1491 & 0.8538) for maize, sorghum, millet, guinea corn, cowpea, groundnut, beans, wheat, and cassava respectively.
 Alexander, C. 2005. The Present and Future of Financial Risk Management. Journal of Financial Econometrics, 3(1): 3–25.
 Balasubramanian, S., Bhattacharya, S., Krishnan, V. V. 2015. Pricing Information Goods: A Strategic Analysis of the Selling and Pay-Per Use Mechanisms. Marketing Science, 34(2): 218-234.
 Diermeier, J., Solnik, B. 2001. Global Pricing of Equity. Financial Analysts Journal, 57: 37–47.
 Ellickson, P. B., Misra, S. 2008. Supermarket Pricing Strategies, Marketing Science, 27: 811–828.
 Gizelis, C. A., Vergados, D. D. 2011. A Survey of Pricing Schemes in Wireless Networks. IEEE Communications Surveys & Tutorials, 13(1): 126-145.
 Hitsch, J.G., Hortaçsu, A., Xiliang, L. 2019. Prices and Promotions in U.S. Retail Markets: Evidence from Big Data. Working paper. No. 2019-117.
 Kaplan, G., Menzio, G., Rudanko, L., Trachter, N. 2019. Relative Price Dispersion: Theory and Evidence. American Economic Journal: Microeconomics, 11: 68–124.
 Kaplan, G., Menzio, G. 2015. The Morphology of Price Dispersion, International Economic Review, 56: 1165–1205.
 Niyato, D., Alsheikh, M.A., Wang, P., Kim, D.I., Han, Z. 2016. Market Model and Optimal Pricing Scheme of Big Data and Internet of Things (IoT)arXiv:1602.03202v1[cs.GT] 7Feb2016
The Copyright Transfer Form to ASERS Publishing (The Publisher)
This form refers to the manuscript, which an author(s) was accepted for publication and was signed by all the authors.
The undersigned Author(s) of the above-mentioned Paper here transfer any and all copyright-rights in and to The Paper to The Publisher. The Author(s) warrants that The Paper is based on their original work and that the undersigned has the power and authority to make and execute this assignment. It is the author's responsibility to obtain written permission to quote material that has been previously published in any form. The Publisher recognizes the retained rights noted below and grants to the above authors and employers for whom the work performed royalty-free permission to reuse their materials below. Authors may reuse all or portions of the above Paper in other works, excepting the publication of the paper in the same form. Authors may reproduce or authorize others to reproduce the above Paper for the Author's personal use or for internal company use, provided that the source and The Publisher copyright notice are mentioned, that the copies are not used in any way that implies The Publisher endorsement of a product or service of an employer, and that the copies are not offered for sale as such. Authors are permitted to grant third party requests for reprinting, republishing or other types of reuse. The Authors may make limited distribution of all or portions of the above Paper prior to publication if they inform The Publisher of the nature and extent of such limited distribution prior there to. Authors retain all proprietary rights in any process, procedure, or article of manufacture described in The Paper. This agreement becomes null and void if and only if the above paper is not accepted and published by The Publisher, or is with drawn by the author(s) before acceptance by the Publisher.