Understanding Normal Distribution- The normal distribution is the well-known bell-shaped curve depicted below. The bell-shaped curve co...

## COURSE

## Statistical Foundations of VaR

- Many financial calculations and estimations require a statistical analysis of the variability of pas...
- Whereas standard deviation shows how risky individual assets are, correlations show how asset risks ...
- Following are the major steps we take to estimate volatility, using the S&P 500 Index: - Let's lo...
- We will now learn how to calculate the VaR of one position and two positions by applying the concept...
- **BetaSquare are a USD-based firm with one asset: JPY 14 billion in cash. What is the 95% worst-case...
- **You now have two assets: JPY 1 billion + THB 4 billion. What is the risk over a 1-day period?** *...
- Discover how to scale standard deviation to different time horizons. We know that risk increases wit...

## LESSONS

Statistical Foundations: Mean and Standard Deviati...

Statistical Foundations: Understanding Correlation...

Statistical Foundations: Predicting Volatility

Parametric VaR Estimation

Risk of a Single Cash Position

Risk of Two Cash Positions

Time Scaling of Volatility