Your question is CVaR and Tail Risk Use. Take a moment with it on the right.
Talk me through your thinking if you like. When you're confident, submit your answer and I'll grade it like a real screen (7/10 or better passes).
What is CVaR, and why would you calculate it? Define Conditional Value at Risk, distinguish it from VaR, and explain how it measures the average loss in the tail beyond a selected confidence threshold. Use the illustrative observations below to calculate CVaR and explain what risk-management action the result could support.