If you're tired of repeated calculations, hard-to-read formulas, and sluggish Excel worksheets, the LET function is your solution. It assigns simple names to complex calculations, making formulas ...

Abstract: Value at Risk (VaR) is a widely used tool in risk management. It is the most important method to measure market risk. In this paper we use Extreme Value Theory (EVT) method to calculate VaR ...

On July 30, 2025, the Bank of Canada (BoC) held its benchmark interest rate steady at 2.75% for the third consecutive time — pausing amid mixed economic signals and ongoing global volatility. During ...

In a world where economic self-sufficiency is the dream for all, how importance of retirement planning cannot be overemphasised. With growing life expectancy and the cost of living going up by a ...

The high-low method is used in cost accounting to estimate fixed and variable costs based on a business's highest and lowest levels of activity. By focusing on these extremes, the high-low method ...

The Depository Trust & Clearing Corporation (DTCC) has launched enhancements to its Value at Risk (VaR) calculator, adding cross-margining and repo transaction functionalities. The updated risk tools ...