Which of the following is a method of measuring the loss in the value of the portfolio over a given period and for a distribution of historic return?
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.
456 x 99.999 + 654 = ?
10.992 + (5.01 × 7.98) + ? = 361.03
(14.66)2 + (343.84 ÷ 3.88 - 55.87) = ? + 91.23
49.97% of 2016 – 37.99% of 1050 = ? – 47.98% of 5950
? = 44.78% of 839.91 – 48.12% of 774.89 + 55.77% of 1024.85
3.55% of 8120 – 66.66% of 540 = ? – 28% of 5500
? = 540.24 + 1022.97 – 11.992
9.95% of 1299.99 + 19.95 × 17.05 - 299.99 = ?