Applied risk management series: Integrating stress tests with risk management

Integrating stress testing with risk managment

Risk managers at energy trading firms rely on a set of scenario-based ‘at-risk' metrics, such as value-at-risk or earnings-at-risk, to manage the risk profile of their organisations. These metrics reflect hypothetical market scenarios or possible states of the world, but they are often generated using assumptions of ‘normal' market behaviour, which do not fully capture risk under extreme market conditions. As a result, traditional risk management ends up focusing too much on day-to-day tactical

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: