The paper proposes a new tool to measure the risk in financial market:PaV,which means the hap pening probability with the given loss magnitude,and utilizes Copula function to obtain its computing algorithm.Two cases a...The paper proposes a new tool to measure the risk in financial market:PaV,which means the hap pening probability with the given loss magnitude,and utilizes Copula function to obtain its computing algorithm.Two cases are illustrated for the promising applications of PaV.展开更多
文摘The paper proposes a new tool to measure the risk in financial market:PaV,which means the hap pening probability with the given loss magnitude,and utilizes Copula function to obtain its computing algorithm.Two cases are illustrated for the promising applications of PaV.
