eventstudies (version 1.0)

eesPlot: Plotting clustered and unclustered extreme event study plot.

Description

This function generates an extreme event study plot by marking extreme events and fusing clustered events together. It plots event study plot for lower tail and upper tail events. Tail events are defined as per given probability value. The value of the event series and response series should be in returns.

Usage

eesPlot(z, response.series.name, event.series.name, titlestring, ylab, width, prob.value)

Value

It gives an extreme event study plot for very bad (lower tail) and very good (upper tail) events on event series.

Examples

library(eventstudies)
data(eesData)
eesPlot(z=eesData, response.series.name="nifty", event.series.name="sp500",titlestring="S&P500", ylab="(Cum.) change in NIFTY")