How do we interpret a $2.5 million daily VAR with 95 percent confidence level? Consider what could

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How do we interpret a $2.5 million daily VAR with 95 percent confidence level? Consider what could happen over the next 100 days.

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Value at Risk The New Benchmark for Managing Financial Risk

ISBN: 978-0071464956

3rd edition

Authors: Philippe Jorion

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Question Posted: May 03, 2016 02:10 AM

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How do we interpret a $2.5 million daily VAR with 95 percent confidence level? Consider what could

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Value at Risk The New Benchmark for Managing Financial Risk

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