Across the industry, value-at-risk a measure of potential losses on a bad trading day has risen steadily.
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Value-at-risk is an analysis of the potential loss in its trading positions during a specified time frame.
Another sign Goldman was waving a yellow flag at its trading desks: value-at-risk was also down from the second quarter.
In particular, I had always mistrusted the Value-at-Risk metric and its offshoots that had been crammed down my throat as an undergraduate finance student.
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Morgan had moved to a new value-at-risk model, as well as whether the agency has launched an investigation into the decision to switch models.
Anyone that relied on so-called value-at-risk models, which purport to show how much a firm could lose over a certain period, has been crucified.
New York's RiskMetrics started inside JPMorgan developing so-called value-at-risk models.
By contrast, Goldman's value-at-risk the amount it could lose on a bad day and thus a widely used (if imperfect) measure of risk appetite hit a new high last quarter, jumping most in equities, even as stockmarket volatility fell.
No single English team has that much value at risk- the players are spread across 22 different teams- there are even seven players from the Football League Championship (from five different clubs).
"The future of France in the family of great nations depends on our capacity for initiative - a value totally at variance with an enarque culture based on zero risk and suspicious of any idea of competition or power-sharing, " they said.
More and more frequently they are turning to lower-risk value stocks companies that have low debt and sell at a discount to their historical fundamentals.
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The concept of a derivative product, with a value that depends on at least one risk factor, has been the greatest financial-product innovation of the 20th century.
State control is thus put at risk--not least in regards to the exchange value of the yuan, which is currently tracking a weakening U.S. dollar and getting further out of kilter with where standard analysis would have it float.
During the early years of the financial downturn, the value of high-risk, high-return real-estate funds fell 54% from their peak at the end of 2007 to the bottom in 2009, according to an index tracked by the National Council of Real Estate Investment Fiduciaries.
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