Discuss why VaR is not a coherent risk measure and why having coherence risk measures is important.
Question:
Discuss why VaR is not a coherent risk measure and why having coherence risk measures is important.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
VaR is not a coherent riskmeasure because it only repre...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Frits Seegers, President of Citibank California, was meeting with his management team to review the performance evaluation and bonus decisions for the California branch managers. James McGarans...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
Identify the process evaluation article that you chose and explain why you selected this example. Describe the purpose of the evaluation, the informants, the questions asked, and the results of the...
-
How do accounting differences impact the usefulness of financial ratio comparisons?
-
Explain the purpose of the statement of cash flows.
-
The accountant for Metro Painting Specialists is having a hard time preparing the trial balance as of November 30, 2015: Prepare the corrected trial balance as of November 30, 2015. Assume all...
-
Suppose that in September 2013 a company takes a long position in a contract on May 2014 crude oil futures. It closes out its position in March 2014. The futures price (per barrel) is \($88.30\) when...
-
Whiteside Corporation issues $500,000 of 9% bonds, due in 10 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Compute the issue price of the...
-
Explain Suppose the government grants $2,500 per child to households that have more than two children. Draw a graph and explain whether these child allowances influence the fertility behavior of...
-
Discuss why dollar weights differ from risk weights in a portfolio.
-
Discuss the importance of measuring risk in a way that is consistent with the criterion used for asset allocation.
-
What are two examples of assurance providers?
-
The Final Research Paper about Yellowstone park Montana should include the following sections clearly identified using headings. Please note that sections do not have to use these titles; they can be...
-
Educators conducted a study of association between two variables. The explanatory (control) variable X represents hours per week students devote to extra-curriculum activities. The response = Y is a...
-
Problem #1: How many years does it take for a deposit of $1000 to reach $4000 with an annual effective interest rate of 13.3%? Problem = 1: 11.1020 Problem #2: Just Save Problem #1 Your Answer: Your...
-
A manufacturing company purchases 54000 parts each year at 40/unit. The ordering cost is 20/order, and the holding cost is $9/unit*year. - - Find the EOQ How many orders are needed in a year? What is...
-
Given the recent advances in eukaryotic systematics, how would you define a protist?
-
Draw the relationships that follow. Would the relationships be identifying or non identifying? Why? 1. A patient must be assigned to only one doctor, and a doctor can have many patients. 2. An...
-
Data 9.2 on page 540 introduces the dataset Cereal, which includes information on the number of grams of fiber in a serving for 30 different breakfast cereals. The cereals come from three different...
-
Explain the attraction of the CDO structure to investors.
-
Discuss the process and importance of tranching.
-
Describe the primary parties to a CDO.
-
You deposited $1000.00 today in a new account with fixed interest. Interests are compounded monthly. In 10 years, the account balance grows to 2850.00. What's the APR on this account? Note: Keep two...
-
I need help with a business plan the business is a restaurant please read each instruction before answer those questions and answer each question one by one thank you 1: 2: and forth Summarize what...
-
You can buy EURUSD in the London market at 1.1900, you can buy USDCHF in New York at 0.9500, and you can sell EURCHF in Zurich at 1.1405. Given this information, is there an arbitrage opportunity?...
Study smarter with the SolutionInn App