Problem bank
Problem 99 of 333HardFinanceP099
Value at Risk pitfall
Why is VaR criticized as a risk measure? What is Expected Shortfall (CVaR) and how does it address the criticism?
See the hint and solution with a free account
Every problem on Quant Engine is free, with a hint and a full worked solution. Making an account takes 30 seconds and no card. Then you can see them and track what you have solved.