as per wikipedia VaR is defined as
"The time horizon (period) to be analyzed may relate to the time period over which a financial institution is committed to holding its portfolio, or to the time required to liquidate assets"
This greatly helps in analysing of risk level and such a tool is quite helpful. I came across this tool in the Portfolio Management section of
www.marketsimplified.com which along with the Net Gain and Net Percent Gain also gives one's Portfolio VaR.
Wanted to know if any other site or trader uses this tool
"The time horizon (period) to be analyzed may relate to the time period over which a financial institution is committed to holding its portfolio, or to the time required to liquidate assets"
This greatly helps in analysing of risk level and such a tool is quite helpful. I came across this tool in the Portfolio Management section of
www.marketsimplified.com which along with the Net Gain and Net Percent Gain also gives one's Portfolio VaR.
Wanted to know if any other site or trader uses this tool