English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Plus monthly

Global: Zendy Tools annual

Global: Zendy Tools monthly

Global: Zendy Free Plan

We show how one can actually take advantage of the strongly non-Gaussiannature of the fluctuations of financial assets to simplify the calculation ofthe Value-at-Risk of complex non linear portfolios. The resulting equations arenot hard to solve numerically, and should allow fast VaR and $\Delta$VaRestimates of large portfolios, where {\it by construction} the influence ofrare events is taken into account reliably. Our method can be seen as acorrectly probabilized `scenario' calculation (or `stress-testing').

Worst Fluctuation Method for Fast Value-at-Risk Estimates