--- title: (Un)Calculated Risk | by Peter Orr of Intuitive Analytics | CFaR | Intuitive Analytics description: CFaR | by Peter Orr of Intuitive Analytics --- # (Un)Calculated Risk | by Peter Orr of Intuitive Analytics ## [VIDEO: Cashflow Risk Statistics for Tax-exempt Debt Management](https://www.intuitive-analytics.com/blog/bid/53072/VIDEO-Cashflow-Risk-Statistics-for-Tax-exempt-Debt-Management) Posted by Peter Orr on May 01, 2012 "Anyone who stops learning is old, whether at twenty or eighty. Anyone who keeps learning stays young. The greatest thing in life is to keep your mind young."  - [Henry Ford](http://en.wikipedia.org/wiki/Henry_Ford)  [Read More](https://www.intuitive-analytics.com/blog/bid/53072/VIDEO-Cashflow-Risk-Statistics-for-Tax-exempt-Debt-Management) Topics: [interest rate model](https://www.intuitive-analytics.com/blog/topic/interest-rate-model), [monte carlo](https://www.intuitive-analytics.com/blog/topic/monte-carlo), [public finance software](https://www.intuitive-analytics.com/blog/topic/public-finance-software), [public finance analytics](https://www.intuitive-analytics.com/blog/topic/public-finance-analytics), [cash flow at risk](https://www.intuitive-analytics.com/blog/topic/cash-flow-at-risk), [CFaR](https://www.intuitive-analytics.com/blog/topic/cfar) ## [VIDEO: Analyzing Fixed vs Floating using CFaR and Product Efficiency](https://www.intuitive-analytics.com/blog/bid/52815/VIDEO-Analyzing-Fixed-vs-Floating-using-CFaR-and-Product-Efficiency) Posted by Peter Orr on Apr 13, 2012 [![](https://www.intuitive-analytics.com/hs-fs/file-15739195-png/images/button-more-information.png) ](https://www.intuitive-analytics.com/blog/bid/52815/VIDEO-Analyzing-Fixed-vs-Floating-using-CFaR-and-Product-Efficiency) Using [SmartModels Stage III](https://www.intuitive-analytics.com/products/stage-iii/), this video is a case study in analyzing whether to issue fixed or  variable rate debt, both with and without cash on the balance sheet serving as a natural hedge. We calculate Cash Flow at Risk (CFaR) for the VRDBs and then graph the tradeoff between average annual (expected) debt service and CFaR. In the "with balance sheet cash" case, an efficient frontier-esque chart results from showing an optimal amount of VRDBs to issue.  [Read More](https://www.intuitive-analytics.com/blog/bid/52815/VIDEO-Analyzing-Fixed-vs-Floating-using-CFaR-and-Product-Efficiency) Topics: [variable rate](https://www.intuitive-analytics.com/blog/topic/variable-rate), [CFaR](https://www.intuitive-analytics.com/blog/topic/cfar), [SmartModels Stage III](https://www.intuitive-analytics.com/blog/topic/smartmodels-stage-iii) [All posts](https://www.intuitive-analytics.com/blog/all) ### Subscribe to our Articles ### Browse by Tag ** - [public finance (17)](https://www.intuitive-analytics.com/blog/topic/public-finance) - [refunding (15)](https://www.intuitive-analytics.com/blog/topic/refunding) - [public finance analytics (14)](https://www.intuitive-analytics.com/blog/topic/public-finance-analytics) - [Financial Decisions (13)](https://www.intuitive-analytics.com/blog/topic/financial-decisions) - [advance refunding (13)](https://www.intuitive-analytics.com/blog/topic/advance-refunding) - 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