证券风险量化管理的VaR方法评述

Review of VaR-Quantitative Management Tool in Stock Market Risk

VaR（Value at Risk）方法是近几年发展起来的用于测量和控制金融风险的量化方法。本文主要综述了VaR方法的计算方法及其在金融风险分析中的应用,并分析了VaR方法的局限性。这将有利于金融机构很好地分析风险、控制风险。

VaR(Value at Risk) proposed recently is a quantitative model to measure and monitor financial risk .The article focuses on discussing the definition of VaR and the calculation methods about VaR,and on its application in financial risk as well. It will be helpful for our financial institutions to analyze risk and control risk.