New Risk Measurement Techniques Revolutionize Financial Institutions and Stock Market Forecasting
The article discusses how to measure financial risk, which is important in finance. It explains different types of risk and methods for calculating risk, focusing on Value at Risk (VaR) and Conditional Value at Risk (CVaR). VaR is a common tool used by financial analysts to quantify risk, while CVaR is an alternative measure. The article also evaluates non-linear models for forecasting stock market volatility.