📉 Value-at-Risk (VaR)

The Documents & Materials section contains an introduction to calculating Value at Risk (VaR) and a presentation on calculating Value at Risk.

Specifically, the following topics are covered:

Definition of Value at Risk

Variance-covariance method

Historical simulation

Monte Carlo method

Expected Shortfall

Valuation of cash flows based on risk-free interest rates

Future value and present value of simple financial products

Risk calculation for simple financial products