quantlib-physics
Calculate Joint Entropy
Calculates the joint entropy of two random variables from their joint probability distribution, measuring the total uncertainty in the combined system. Joint entropy is fundamental for understanding multivariate dependencies in financial systems.
Use Cases:
- Measure total uncertainty in multi-asset portfolios
- Analyze joint behavior of market indicators
- Quantify information in paired trading strategies
- Assess complexity of multi-factor models
- Study correlations in risk factors
Formula: H(X,Y) = -ΣΣ p(x,y) log(p(x,y))
Credits: 5 credits per request (Pro Tier) [Tier: ENTERPRISE, Credits: 10]
POST
Authorizations
API key for authentication. Get your key at https://api.fincept.in/auth/register
Body
application/json
