How to use VAR, ETL in Excel

Estimating Risk Measures

I wish I could retroactively require an article to be read! If I could, this would be it for my Portfolio class (Fin422).

Writing in Financial Engineering News, Kevin Dowd explains how to use Excel to calculate VAR and other risk measures. This will be VERY HELPFUL in class!!!

For instance: "To estimate the daily VaR at, say, the 99 percent confidence level, we