Describe the VAR approach to market risk. Is VAR related to the normal distribution? Can VAR handle

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Describe the VAR approach to market risk. Is VAR related to the normal distribution? Can VAR handle extreme events (black swans)? Explain how VAR is applied to portfolios.

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Elementary Statistics A step by step approach

ISBN: 978-0073386102

8th edition

Authors: Allan Bluman

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Posted Date: Sep 06, 2018 03:12 AM

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Describe the VAR approach to market risk. Is VAR related to the normal distribution? Can VAR handle

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VAR approach tries to answer the fundamental question for an investor How much can I lose from here ... View the full answer

Elementary Statistics A step by step approach

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