Var: From basics to breakthroughs

From basics to breakthroughs, here's everything about Value at Risk in a nutshell. Protect your assets with these insights. In Norse mythology, Vár or Vór (Old Norse, meaning either "pledge" [1] or "beloved" [2]) is a goddess associated with oaths and agreements. Vár is attested in the Poetic Edda, compiled in the 13th century from earlier traditional sources; the Prose Edda, written in the 13th century by Snorri Sturluson; and kennings found in skaldic poetry and a runic inscription. Scholars have proposed theories about the implications of the goddess. VAR (Video Assistant Referee) protocol uses video review to help referees avoid major mistakes in key decisions like goals, penalties, red cards, and mistaken identity. Value at Risk (VAR) is a risk measurement tool used in risk management to estimate the potential loss in a portfolio's value due to market movements over a specific time period and with a certain confidence level.