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- 2011-7-11
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- 2014-8-6
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I don’t think VAR or stress testing is relevant to your business. It’s only relevant to financial firms that need a minimum level of solvency, like banks.
If you’re talking about your own financial strength, you need to focus more on your P&L than your VAR.
If you’re talking about client balances, then these measures are less applicable than regular beta/stdevs. |
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