CVAR

CVAR can refer to several different concepts depending on the context. Here are a few common interpretations: 1. **Conditional Value at Risk (CVAR)**: In finance and risk management, CVAR is a risk assessment measure that quantifies the expected loss of an investment or portfolio in the worst-case scenario, given a specific confidence level. It is often used in conjunction with Value at Risk (VaR) to provide a more complete picture of risk.