Model for Measuring Market Risk of Financial Assets and Its Application
Jin Chen · Journal of Huaqiao University · 2002
Various risk measuring models and their peculiarities are comprehensively represented from both theoretical aspect and practical aspect. According to their state of development and peculiarity, they are divided into three classes: model of variance and its variants; models of risk measurement containing reference point; and models of VaR and its variants. The chief agents which promote the development of risk measuring model are summarized.