1. Discuss in approximately 600 words, the role of backtesting of VaR models in portfolio management. 2....

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1. Discuss in approximately 600 words, the role of backtesting of VaR models in portfolio management.

2. Discuss in approximately 600 words, the limitations of VaR models.

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Personal Financial Planning

ISBN: 978-1305636613

14th edition

Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk

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Posted Date: Sep 08, 2020 05:11 AM

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1. Discuss in approximately 600 words, the role of backtesting of VaR models in portfolio management. 2....

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Expert Answer:

1 The application of the VaR Models is becoming more and more widespread when it comes to portfolio management Backtesting is a method of verifying a model based on past data to determine its effectiv... View the full answer

Personal Financial Planning

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