What are the main assumptions when var is calculated

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What are the main assumptions when VaR is calculated using the Historical Simulation (HS) method. What are the advantages and disadvantages of the HS methods and how does HS compares to the Weighted Historical Simulation (WHS) method.

Reference no: EM132484011

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What are the main assumptions when var is calculated : What are the advantages and disadvantages of the HS methods and how does HS compares to the Weighted Historical Simulation (WHS) method.
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