VaR ANALYSIS FOR THE FINANCIAL RISK IDENTIFICATION OBJECTIVE
DOI:
https://doi.org/10.5937/Oditor1803041OKeywords:
VaR, financial analysis, financial risks, market risks, interest rates risksAbstract
Business decision-making in today’s highly turbulent environment takes place under conditions of uncertainity and risk. Due to changes in the economy and finances, there are various risks that, in some cases, management can not be affected because the efiiciency and future of the business of companies and which can be controlled and managed to satisfy owners, management, employees and other stakeholders. This paper explains VaR analysis as a method for modern risk management as well as pointing out its shortcomings.
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