tail risk
risk of rare events, typically defined as more than 3 standard deviations from expected values, far above the risk of a normal distribution
en-US/ˈteɪl ˈɹɪsk/
en-GB/ˈteɪl ˈɹɪsk/
risk of rare events, typically defined as more than 3 standard deviations from expected values, far above the risk of a normal distribution