Start learning 50% faster. Sign in now
Value-at-risk (VaR) is a summary statistic that quantifies the potential loss of a portfolio. It is a method of measuring the loss in the value of the portfolio over a given period and for a distribution of historic return VAR statistic has three components - a relatively high level of confidence (typically either 95% or 99%), a time period (a day, a month or a year) and an estimate of investment loss (expressed either in absolute or percentage terms). However, at a 99% confidence level what VAR really means is that in 1% of cases (that would be 2-3 trading days in a year with daily VAR) the loss is expected to be greater than the VAR amount.
In which state is the Gingee Fort, which was recently nominated for the UNESCO World Heritage status, located?
If each vowel in the word CONSTRUCTION is changed to the letter following it in the English alphabetical order and each consonant is changed to the lett...
What is the time limit for making a claim for compensation under the Compensation Act 1923?
What is the median of the following set of numbers:
2, 3, 5, 7, 10, 15, 20?
What training activities did the Indian Navy ships INS Tir and ICGS Sarathi undertake with the Madagascar Navy during their visit to Port Antsiranana?
1/5 of a rod is coloured red, 1/10 orange, 1/15 yellow, 1/20 green, 1/25 blue, 1/30 black and the rest is violet. If the length of the violet portion of...
Find the ODD one out from the given options.
Branch Account under Debtors System is
With reference to the model code of conduct (MCC) consider the following statements:
1. It has no legal backing and is based on consensus amon...
Consider the following statements regarding PESA Act:
1. The state government may nominate members at all levels of Panchayats.
2. The nom...