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Risk & Portfolio

Coherent Risk Measure

A risk measure that behaves sensibly — most importantly, that says a diversified portfolio is never riskier than its parts (subadditivity). VaR can fail this test; expected shortfall passes it.

Where this is taught

Definitions are the trailer. These free levels turn Coherent Risk Measure into something you play — one bite-size lesson, with worked examples, a quiz and XP.

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