Value-at-Risk: The Basics and Beyond
Short course
In Calgary, Ab (Canada), London, Uk, Houston, Tx (USA) and 2 other venues
Description
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Type
Short course
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Level
Beginner
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Location
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Duration
1 Day
Suitable for: This workshop is ideal for those who need to become familiar with Value-at-Risk. Traders, support staff, risk managers, senior management (anyone who needs to understand and interact with position and risk management) will benefit from this workshop. The information presented in this programme is applicable to any energy commodity.
Facilities
Location
Start date
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Start date
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About this course
Princeton Energy Programme's Fundamentals of Energy Futures , Options I - Fundamentals of Energy Options Energy Risk Management
Reviews
Course programme
Value-at-Risk: The Basics and Beyond
Course Summary
Value-at-Risk is the new benchmark for measuring and controlling market risk. Premier trading and marketing companies around the world use Value-at-Risk to maximize profit opportunities and minimize costly positioning mistakes. This one day programme teaches the important aspects of this risk management tool.
8CPE creditsawarded for this course .
Requirements:
Princeton Energy Programme's Fundamentals of Energy Futures , Options I - Fundamentals of Energy Options , and Energy Risk Management or equivalent experience.
Pre-classroom Study
As part of our blended learning package, this workshop has a specific web-based course which is recommended as pre-classroom study. Upon registering for the workshop delegates will receive details of how to access the web-based course. Access to the web-based course is included in the price of the classroom course. To optimize your classroom experience, it is recommended you take the appropriate online study as close to the classroom date as possible. The recommended pre-classroom study for this workshop is PrincetonLive.com's
Understanding the Value at Risk Concept .
Course content:
- Types of risk
- Causes of financial risk
- Definition of Value-at-Risk
- History of Value-at-Risk
- Computing Value-at-Risk
- Converting Value-at-Risk parameters
- Using Value-at-Risk to establish trading limits
- Using Value-at-Risk to measure trading performance
- Calculating risk across a portfolio
- The three approaches for calculating Value-at-Risk
- Using implied volatility in Value-at-Risk
- Verifying Value-at-Risk
- Limitations and pitfalls of Value-at-Risk
Value-at-Risk: The Basics and Beyond