Question

The main difference between Value at Risk and Stress Testing is:

Answer 1

Answer:

Value at Risk takes a non-statistical approach, as opposed to Stress Testing. - Stress Testing takes a non-statistical approach with its scenarios analysis. - Value at Risk is not a quantitative approach.

Explanation:

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Answer 2

Value at Risk takes a non-statistical approach, as opposed to Stress Testing. - Stress Testing takes a non-statistical approach with its scenarios analysis. - Value at Risk is not a quantitative approach.

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