10-24 One advantage of RiskMetrics over back simulation is that RiskMetrics provides a worst case scenario value.

Name: 10-24 One advantage of RiskMetrics over back simulation is that RiskMetrics provides a worst case scenario value.
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RiskMetrics does not provide a worst-case scenario value; it uses a parametric approach to estimate Value at Risk (VaR) based on normal distribution assumptions, which may not capture extreme events.

10-24 One Advantage of RiskMetrics Over Back Simulation Is That