Question: VaR ( 9 5 % , 1 day ) = - 0 . 8 2 % can be interpreted as you are 9 5 percent

VaR(95%,1 day)=-0.82% can be interpreted as you are 95 percent certain that you will not lose more than -0.82% in the next 1 day. True or false

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!