Value-at-Risk (VaR)

Advanced Financial Analysis

A statistical measure estimating the maximum expected loss on a portfolio at a given confidence level over a specified time horizon, widely used in bank risk management.

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Unit 02: the price of risk

Advanced Financial Analysis

Related Terms

Tail risk

The risk of rare, extreme events that lie in the statistical...

Systematic risk

Risk that affects the entire market and cannot be eliminated...

Beta

A measure of how much an asset's price moves relative to the...