Title :
Liquidity management using Cash Flow at Risk
Author :
Stoyanov, Biser ; Wieczorrek, Hans Wilhelm ; Antonov, Anatoliy
Author_Institution :
Dept. of Econ. & Manage., Tech. Univ. of Varna, Varna
Abstract :
The article describes the methodology and practical implementation of Cash Flow at Risk (CFaR) calculation with the help of a multidimensional Monte Carlo simulation. CFar is one of the most important characteristics of liquidity. It assesses the likelihood that operating cash flows will drop below a prespecified level. In this paper is considered application for measuring CFaR under impact of different environment factors. The application is written in C# .NET.
Keywords :
financial management; CFaR calculation; Cash Flow at Risk; liquidity management; multidimensional Monte Carlo simulation; Asset management; Companies; Computer science; Economic forecasting; Environmental economics; Financial management; Intelligent systems; Risk analysis; Risk management; Telephony; Cash Flow at Risk; Monte Carlo simulation; forecasting; liquidity;
Conference_Titel :
Intelligent Systems, 2008. IS '08. 4th International IEEE Conference
Conference_Location :
Varna
Print_ISBN :
978-1-4244-1739-1
Electronic_ISBN :
978-1-4244-1740-7
DOI :
10.1109/IS.2008.4670466
