Question: How does Expected Shortfall ( ES ) address a limitation of the Value at Risk ( VaR ) model? Question 2 Answer a . By

How does Expected Shortfall (ES) address a limitation of the Value at Risk (VaR) model?
Question 2Answer
a.
By focusing on the tail-end losses beyond the VaR threshold.
b.
By considering only the average losses that are below the VaR threshold.
c.
By reducing the computation complexity in volatile markets.
d.
By providing a more conservative estimate of risk.

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