CFA Practice Question

There are 221 practice questions for this study session.

CFA Practice Question

Which risk measure(s) is (are) used to measure absolute risk?

I. Variance
II. Tracking error
III. Value at risk
Correct Answer: I and III

Value at Risk (VaR) is a widely used measure of the risk of loss on a specific portfolio of financial assets.

User Contributed Comments 2

User Comment
johntan1979 Tracking = track a benchmark = relative risk
khalifa92 absolute; variance, std & VaR
relative; track risk, track error.
You need to log in first to add your comment.