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by shalit
February 7th, 2010, 8:12 pm
Forum: Technical Forum
Topic: Value at risk and CVaR
Replies: 3
Views: 40983

Value at risk and CVaR

<t>Willsmith HiI think you should look at the absolute Lorenz curve (ALC) to get CVaR. You can look at some papers by Ogry and Ruscz. Very easy to implement for data. I have a paper on the Lorenz.ALC= Cumsum[Sort[returns]], where Cumsum is the cumulative sum function( exists in some mathematica pack...