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
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Mind Versus Brain The mind and the brain are extremely complex matters. It has often been debated whether or not the two can even be considered separate. Some scientists and philosophers believe that the mind and the brain are one‚ in the sense that the brain controls the mind; however‚ this idea is quite debatable. It is extremely difficult for us to fully understand the mind versus the brain in terms of their respective functions. “Many aspects of cognition will never be explained through a scientific
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MSc. International Business Master Thesis No 2004:11 Standardisation versus Adaptation: A Study of the Factors Initiating and Influencing the Process of Strategic Migration A Case Study of MalacoLeaf Anne Marte Bergersen René Zierfuss Graduate Business School School of Economics and Commercial Law Göteborg University ISSN 1403-851X Printed by: Elanders Novum AB 2 Marte Bergersen René Zierfuss Abstract Despite nearly eight decades of debate on the topic of international marketing
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Annual Report 2011 An overview Operating result (EBIT) Figures in EUR million 1‚142.5 1‚177.9 928.0 841.4 819.9 732.1 1‚200 800 600 538.8 470.9 1‚000 400 148.1 91.6 200 0 20021 20031 20041 2005 2006 2007 2008 2009 20102 Group net income (loss) 2011 Figures in EUR million 733.7 721.7 800 748.9 606.0 514.4 354.8 267.2 700 600 500 400 279.9 300 200 49.3 20021 20031 20041 2005 100 (127.0) 2006 2009 2007 2010 2011 0 2008 Policyholders’ surplus Figures
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SLAVE TRADE DATABASE Assignment QUESTIONS/QUERIES In 1732‚ the slave ship Diligent under Captain Pierre Mary purchased slaves from Jacquin and transported them to Martinique. In 1655‚ the slave ship‚ Witte Paard‚ arrived in New York with 391 slaves. From 1607 to 1650‚ how many voyages listed the principle region of slave landing in Mainland North America? 1 In what year did it arrive with slaves? 1628 What was the name of the vessel? Good Fortune How many slave voyages were listed for the
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LESSON 1: INTRODUCTION TO RISK Chapter Objectives • Discuss different meanings of the term risk. • Describe major types of business risk and personal risk. • Explain and compare pure risk to other types of risk. • Outline the risk management process and describe major risk Expected loss UNIT I CHAPTER 1 RISK & ITS MANAGEMENT Expected loss Uncertainty (vaiability around the expected loss) One situation is riskier than other if it has greater RISK MANAGEMENTFOR GLOBAL FINANCIAL SERVICES
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ALTERNATIVES TO EDUCATION FOR AT-RISK-YOUTH AND JUVENILE DELIQUENCY By Robert Yokeley Submitted to Dr. Jerry Wells Human Resource Management Section B-02 Spring Semester‚ 2014 March 2‚ 2014 TABLE OF CONTENTS Introduction …………………………………….....................................................................3 Annotated Review ………………………………………………………………………...3-10 Evaluation of the California Linked Learning .........................................................................3 The
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Summary of 5 different Seminar: Risk management is the process of dealing with the risk‚ as it is an obstacle in achieving the goals and objectives of an organization‚ by risk management these obstacles are controlled and removed. In the seminar of Lancashire Combined Fire Authority‚ it is discussed that a risk management policy is formulated in order to safeguard the achievements of operational and strategic objectives‚ with the help of effective risk controlling. The policies prepare to ensure
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RISK THEORY - LECTURE NOTES 1. INTRODUCTION The primary subject of Risk Theory is the development and study of mathematical and statistical models to describe and predict the behaviour of insurance portfolios‚ which are simply financial instruments composed of a (possibly quite large) number of individual policies. For the purposes of this course‚ we will define a policy as a random (or stochastic) process generating a deterministic income in the form of periodic premiums‚ and incurring financial
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When trying to decide between copper and fiber cabling‚ there are several things to think about for which one best will fit your needs. A few things you will need to take into consideration when making your decision are what do you need your cable to be capable of‚ how far do you need your cable to run from point to point‚ what is your budget‚ and always think about the future with room to expand your business. Both copper and fiber cabling have pros and cons. Copper cabling has been around ever
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