VaR and CFaR: Two Ways of Measuring Risk in the Corporate World

VaR and CFaR: Two Ways of Measuring Risk in the Corporate World by Bardia Nadjmabadi, Consultant for Financial risk management, KPMG The risk measure Value-at-Risk (VaR) was designed to measure market risk for use in financial institutions. It can be regarded as a market standard for risk measurement. Its popularity in the market is based […]