METHODS FOR QUANTITATIVE RISK ASSESSMENT BASED ON VAR: COMPARATIVE ANALYSIS

At present, when increasing uncertainty, volatility and turbulence are the main attributes of economic activity, role risk management as a tool for ensuring financial security entities is increasing. Risk provides forecast in simple understandable form, suggests directions methods mitigation. For most business entities, quantitative assessment acceptable understandable, therefore, recent decades, Value at (VaR) methodology assessing asset exposure has been used, aimed minimizing possible value losses. The purpose study to summarize theoretical approaches best practices applying substantiate assess risks. object scientific definition VaR measure risk; subject relations patterns that arise process forecasting risks entities. logical analysis, generalization, structuring, mathematical were chosen research methods. empirical basis was data from open information resources, analytical agencies, statistical materials. base sources, accumulating on quotation shares novelty lies generalization possibilities assets various determining ways interpreting this indicator depending used determine it. As conclusions recommendations, authors present practical application presence amounts input data.