Value-at-Risk (VaR)
Ado, Aminu![Value-at-Risk (VaR)](https://support.digitalhusky.com/media/annotations/sorted/818/8187028/CHSBZCOP038187028.jpg)
Contemporarily, the sophistication of financial markets coupled with possibilities of high volatilities, thinning of margin and shareholder value erosion have necessitated the search for a model that could have predictive powers which fund managers would leverage on to help with risk management phenomenon. Value-at-Risk (VaR) has recently become popular as an alternative risk measure especially with the traditional beta (ß) measure of market r...