Dear James, I want to ask something about Var example. Why you didn't multiply with portfolio value in your last step? Our portfolio value 30 M dollar right?
Hi Mustafa. I believe we've already used the values 20 and 10 at Step 2. You might want to go back into the official books, but I believe we have done the example to be quite as similar as the one in the book. I hope this helps!
Hey James, I tried to solve the 'VaR via Variance Covariance Matrix' question using the previous 2 asset portfolio Standard Deviation formula (to avoid the lengthy matrix calculation) but ended up getting a different Standard Deviation . Is there a possibility that I might be doing something wrong here?
