In dynamic business environment, foresight may be considered as a main instrument for strategic science and technology planning for companies, industrial sectors, regions or countries. Today none of the other available future studies can offer better synergies for strategic science and...

In this paper historical performance of eleven approaches for estimation of one-day 95% value-at-risk is evaluated. Random sample of 1000 foreign exchange portfolios consisting of positions in EUR and USD with CZK as a base currency was considered. Since foreign exchange portfolio consists of...