标题: Mock 2010 Q13 daily Var problem [打印本页] 作者: Windjammer 时间: 2013-4-22 06:01 标题: Mock 2010 Q13 daily Var problem
Mock 2010 Q13
the answer is
Asuming 250 trading days per year,if daily Var at 95% confident level is 1 million,over one year a daily loss exceeding 1 million should occur approximately 5% of 250 days or 12.5 days.
i can not understand this answer .what does it talking about?
