- CFA Exams
- CFA Level I Exam
- Topic 9. Portfolio Management
- Learning Module 42. Measuring and Managing Market Risk
- Subject 2. Other Key Risk Measures
CFA Practice Question
Which measures do NOT use historical returns?
A. VaR
B. Sensitivity measures
C. Historical scenario analysis
Explanation: Sensitivity measures such as duration, beta, and delta are not based on a particular historical period.
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