TY - GEN N1 - Econometrics = Ekonometria, 2020, Vol. 24, No. 2, s. 86-97 N2 - The purpose of this paper is to attempt to classify risk which can be observed when one deals with data from the metals market. Usually the general definition of risk includes two dimensions. The first one is the probability of occurrence and the second one are the associated consequences of a set of hazardous scenarios. In this research the authors try to add a new dimension: the source of risk, which can be defined in terms of the level of turnover (volatility of volume) and price (volatility of returns). One can categorize risks in terms of multidimensional ranking based on a comparative evaluation of the consequences, probability, and source of a given risk. Another dimension is the chosen risk measures, in the meaning of the risk model. In risk analysis, some selected quantile risk measures were proposed: VaR, Expected Shortfall, Median Shortfall and GlueVaR. The empirical part presents a multidimensional risk analysis of the metal market L1 - http://www.dbc.wroc.pl/Content/75974/Krezolek_Trzpiot_Risk_management_on_the_metals_market.pdf M3 - artykuł L2 - http://www.dbc.wroc.pl/Content/75974 PY - 2020 KW - risk measure KW - modified GlueVaR KW - extreme risk KW - sources of risk KW - metals market KW - miara ryzyka KW - zmodyfikowany GlueVaR KW - ryzyko ekstremalne KW - źródła ryzyka KW - rynek metali C1 - Pewne prawa zastrzeżone na rzecz Autorów i Wydawcy A1 - Krężołek, Dominik A1 - Trzpiot, Grażyna PB - Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu C6 - Dla wszystkich zgodnie z licencją LA - eng CY - Wrocław ID - DOI: 10.15611/eada.2020.2.06 T1 - Risk management on the metals market UR - http://www.dbc.wroc.pl/dlibra/publication/edition/75974 T2 - Zarządzanie ryzykiem na rynku metali ER -