This is the ninth article in the series "Popular Risk management". The aim of the series is to describe the main Risk management topics in a simple, but at the same time a clear and concise language.  

Written by Boris Agranovich

VaR Methodologies: The strengths and weaknesses of each method

VAR or Value at risk is a summary measure of downside risk expressed in the reference currency. A general definition is: VAR is the maximum expected loss over a given period at a given level of ...


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