Implementing value at risk /
Implementing Value at Risk Philip Best Value at Risk (VAR) is an estimate of the potential loss on a trading or investment portfolio. Its use has swept the banking world and is now accepted as an essential tool in any risk manager's briefcase. Perhaps the greatest strength of VAR is that it can...
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| Main Author: | |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Chichester, England ; New York :
Wiley,
?1998.
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| Series: | Wiley series in financial engineering.
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| Subjects: | |
| Online Access: | Full text (Wentworth users only) |
| Summary: | Implementing Value at Risk Philip Best Value at Risk (VAR) is an estimate of the potential loss on a trading or investment portfolio. Its use has swept the banking world and is now accepted as an essential tool in any risk manager's briefcase. Perhaps the greatest strength of VAR is that it can cope with virtually all financial products, from simple securities through to complex exotic derivatives. This allows the risk taken, across diverse trading activities, to be compared. This said, VAR is no panacea. It is as critical to understand when the use of VAR is inappropriate as it is to understa. |
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| Physical Description: | 1 online resource (xiii, 208 pages) : illustrations. |
| Bibliography: | Includes bibliographical references (pages 199-200) and index. |
| ISBN: | 0585224854 9780585224855 9780471972051 0471972053 0470013303 9780470013304 0470865962 9780470865965 1280272031 9781280272035 9786610272037 6610272034 0470668040 9780470668047 |