New Risk Measurement WES Based on VaR
Ren Jiu-quan · Journal of Guilin University of Technology · 2008
Recent development on the measurement methods of financial risk based on VaR is reviewed in this paper.Different kinds of quantitative coherent risk measurement models based on VaR are discussed.Finally,a new risk measurement method WES based on VaR is put forward and proves to be a very peasonable measurement.