开放式基金投资风险的VaR模型算法

The VaR model algorithm for open style fund investment risk

采用投资收益的方差或标准差来度量开放式基金投资风险的方法有较大的弊端,而采用VaR模型分析投资风险具有直观、简便的优势.华安创新基金投资风险实证分析表明,用VaR模型来测度基金投资风险可较准确的估计给定金融产品或组合在未来价格的波动,损失用货币单位来表达的方式体现了直观性与一致性的统一.

The measure of the open style fund investment risk with the investment income variance or the standard difference is a bigger malpractice, but using the VaR model analysis investment risk has the simple superiority of direct-viewing. The Hua'an Innovation Fund investment risk real diagnosis analysis indicated will help to estimate the fund investment risk with the VaR model to be allowed a more accurate estimation to assign the financial product or the combination in the future undulation of price. The way with the monetary unit to indicate losses has manifested direct-viewing and the uniform unification.