Keywords: Market index
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Journal Articles
Journal of Risk Finance (2015) 16 (2): 170–189.
Published: 16 March 2015
... in investment profit or loss, respectively. The equity call option payoff can be evaluated as given in equation (1): Equation 1 VaR is directly proportional to the payoff: Equation 2 © Emerald Group Publishing Limited 2015 Genetic algorithm Value-at-risk Risk management Market index...

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