The Risk Analysis and Modeling of Byco Petroleum in Pakistan Using Extreme Value Theory

Table 5

Monthly minima GEV and GL PWM parameter estimates and AD test.

Subperiod	N	Alpha	Beta	Gamma	value	Alpha	Beta	Gamma	value	Better fit
S = 1
	96	−0.0368	0.1488	−0.5397	0.310	0.0106	0.0742	0.1335	0.340	GL
S = 2
	48	−0.0584	0.1915	0.6218	0.270	0.0006	0.0919	0.1728	0.261	GEV
	48	−0.0197	0.0984	0.2913	0.721	0.0148	0.0555	0.0041	0.800	GL