Definition of Value at Risk (VaR) Value at risk is a statistical technique which measures the level of financial risk in a portfolio over a specific time frame. For example‚ if a firm states that it has a 1% one week value at risk of $5 million; this would mean that for any given week‚ the firm would have a 1% chance of losing $5 million. In order words‚ 1 out of every 100 weeks‚ the firm would expect to have a loss of $5 million. This can be viewed as the standard deviation of portfolio value during
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Initially‚ the VaR has been anticipating to quantify the available risks in derivatives markets‚ but it has grown widely and it has now been applied in measuring all kinds of risks‚ primarily credit and market risks. It also developed from a tool that quantifies risk to a tool that is applied in active risk management. Today VaR has shifted beyond application in financial institutions. In the beginning‚ companies with largely exposed to financial markets used other kinds of activities before spreading
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|Distance |1 |m | | | Calculations: Part 1: In this part‚ the goal was to determine the effect of volume fraction on separation time. In order to determine the effect of volume fraction on settle-time‚ the density of oil was assumed to be constant with an average value of 900 kg/m3. Volume fraction was varied from a value of 0 to 0.5 and by using the Zigrang-Sylvester relationships provided by the instructor‚ the coefficients
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Personal Values Values are the things that are most important to us‚ and they are the foundation of who we are. “A significant portion of the values we hold is established in our early years—by parents‚ teachers‚ friends‚ and others” (Robbins & Judge‚ 2011‚ p. 10). They may also come from special groups that we are a part of including cultural or religious. A few examples of some personal values include honesty‚ responsibility‚ loyalty‚ respect‚ and ambition to name a few. It is important to
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April‚ 2011 The Value of Life Essay When it comes to assigning value to human life many people decide with their emotions‚ especially when they are assigning value to a loved one. Currently‚ our society uses the human life calculator to assign value to life. I don’t believe we should use this method because it is based on how much money the person makes‚ if they have a spouse‚ and the number of children they have. I believe that the human life calculator is an imprecise way to value human life. I
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VE JOB PLAN EXPERIMENT 9 VALUE ENGINEERING JOB PLAN 1. INTRODUCTION: Following are the phases to be carried out in value engineering job plan. 1) Orientation phase 2) Information phase 3) Function analysis 4) Creation phase 5) Evaluation phase 6) Investigation phase 7) Implementation phase 2.1 ORIENTATION PHASE: Following are the steps to be carried out in the orientation phase. Lays foundation for value efforts Project selection Forming the team Laying out responsibilities to each member
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Value Alignment Elizabeth Anderson BUS/475 May 2‚ 2011 Sarita Wesley Value Alignment Values are important to life. Every day the working class faces two sets of values. He or She has their individual values and the values of the organization he or she works for. This paper will analyze the origin and subsequent evolution of both workplace values and personal values. The paper will explain how individual values drive the actions and behaviors of people‚ and analyze the alignment between
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definitive merger agreement‚ wherein Bharti will acquire African operations of Zain Group. The deal was valued at an enterprise value of USD 10.7 billion or on an 8.2x EBITDA Multiple. Goldman Sachs has invested USD 450 million in online social networking portal Facebook‚ which is valued as the number one social networking network at USD 50 billion. At an enterprise value of USD 50 billion‚ Facebook is trading at a multiple of about 100 times of its earnings. Newspapers and television channels make
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The Value to Life; Society vs. Self Today‚ our society assigns the value to human life based on which life is actually more appealing to them. In other words‚ society places a price tag on a man’s life. A person is judged by society on the value of their life based on certain factors and aspects that are irrelevant. People realize the true value to their lives when they are in encounter with situations that may take it away. And because the value of life is so precious‚ society should determine
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Chaphture-4 What is personality? How do we typically measure it? What factors determine personality? Personality: The dynamic organization within the individual of those psychophysical systems that determine his unique adjustments to his environment. Measuring Personality: a. Personality Tests: Helpful in hiring decisions b. Self-reporting surveys: Most common method. c. Observer-ratings surveys: provide an independent assessment of personality – often better predictors Other ways
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