VaR‚ Stressed VaR‚ and Expected Shortfall Jim Chen* This note summarizes the measurement of market risk in the trading book under the most recent accords of the Basel Committee on Banking Regulation‚ known as Basel II‚ 2.5‚ and III. Each of these three accords on global banking regulation has embraced a different primary measure of market risk: traditional value-at-risk (VaR)‚ stressed VaR‚ and expected shortfall. After introducing the mathematics of VaR and expected shortfall‚ this note will
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Science Communication Project How effective an Internet advertisement is‚ as a persuasive tool in impacting the mind of internet user of Varanasi This project is to get an overall view and exposure to the industry and its working environment. It enhances and boosts the morale of the researcher. Most of the program is meant for the personality development of the researcher and basic motive is to provide accessibility to practical knowledge and exposure to practical
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There are four different types of database-system users‚ differentiated by the way they expect to interact with the system. Different types of user interfaces have been designed for the different types of users. Naive users are unsophisticated users who interact with the system by invoking one of the application programs that have been written previously. For example‚ a bank teller who needs to transfer $50 from account A to account B invokes a program called transfer. This program asks the
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designed to help users maintain and organize library. This software is easy to use for both beginners and advanced users. BACKGROUND OF THE STUDY Library Management System is a process of organizing important information especially books‚ magazines‚ cd and other informational resources‚ used to track items borrowed‚ and the scheduled time for returning and also used to track items that has been reserved‚ and the scheduled time for claiming. This system help users or people
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NVIDIA: long-term growth prospects. Summary NVIDIA will benefit from a growth of driverless cars number through its self-driving platform. A great marketing campaign will allow NVIDIA to increase its number of clients in the automotive industry. Gaming and datacenter businesses of NVIDIA have excellent prospects for a profitability growth. I believe that NVIDIA’s self-driving platform‚ Drive PX2‚ creates a tremendous potential for NVIDIA’s earnings growth. The Drive PX 2 has 12 CPU cores (2
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Nursey A child will not really know what is going on when they are first brought to a nursery‚ however the child will be excited at first until they realise that their parent/carer is leaving and will not be coming back straight away‚this could make the child become shy‚dismissive upset or even anxious..A child will not trust any of their carers until they a fully settled and are comfortable about where they are and the routine they are following. High school Starting high school is a big time
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development project shifted from a structured waterfall approach for upfront requirements gathering to a Scrum agile approach for the development activities. We specifically look at the agile values and principles of ‘people‚ working software‚ end-user involvement and responding
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USER DATAGRAM PROTOCOL(UDP): The User Datagram Protocol(UDP) is called a connectionless‚ unreliable transport protocol. It does not add anything to the services of IP except to provide process to process communication instead of host to host communication. USER DATAGRAM: UDP packets‚ called user datagrams‚ have a fixed size header of 8 bytes. The below diagram shows the format of a user datagram. User datagram format: Source port number: This is the port number used by the process
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CHAPTER I INTRODUCTION Today‚ computerization is a major advancement in technology that helps in many ways: it makes information storage easier and faster; thus it can save a lot of time and manpower‚ and many tasks are done in a certain amount of time. Great amount of time is being consumed by information retrieval and the billing process of most hospitals. Without computer‚ generated system is slow. To be able to provide the medical needs of the rapidly growing population‚ Hospitals must be versatile
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The airport industry is going through an exceptional transformation that has driven the market towards increasing levels of competition. Additionally‚ major investment programs are required to meet the expected growth in air travel demand (particularly in some emerging regions‚ such as Asia). However‚ governments and city airport authorities are becoming more reluctant to support airport projects‚ since they have major budgetary constraints. Airports and airlines have historically been considered
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