straightforwardness, allowing regulators measure risk using a standard database of primitive factors and portfolio positions only, leaving … little error margin in comparing market risk for different financial funds. As such, it should be a tool of preference for …, like short-term Efficient-Market-Hypothesis, EMH. In addition, the model includes a new measure of risk: a liquidity …

.e. what is maximum downside risk, if investment is made in mutual funds. Performance measures that consider both upward and … downwards volatility might not be very useful for investors. Rather performance measures that consider risk by taking into … account only losses, such as Value-at-Risk (VaR), is more appropriate technique to evaluate the performance. In the present …