Evaluation of the Predictive Ability of VaR Models during Different Market Conditions.

Risk management methods in finance have put a lot of weight on the Value-at-Risk, making it the most popular risk measurement tools. The main purpose of VaR models is to capture future market risks accurately. Thus it is important to gauge the predictive ability of VaR estimates. Consequently, b...

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Bibliographic Details
Main Author: Liew, KeiYan
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2014
Online Access:https://eprints.nottingham.ac.uk/27448/