Value at Risk is a risk measure used by financial analysists. It describes your potential loss at a given confidence level. Specifically, at a 99% confidence level, your value at risk is your minimum expected loss over 1% of the trading days.

See the related link for a detailed discussion, and an Excel spreadsheet to calculate Value at Risk

low risk

Risk assessment is a step in a risk management process. Risk assessment is the determination of quantitative or qualitative value of risk related to a concrete situation and a recognized threat.

The fundamental goal of risk management is to minimize the cost of risk and to

maximize a firm's value (in the context of business risk management).

The fundamental goal of risk management is to minimize the cost of risk and to

maximize a firm's value (in the context of business risk management).