- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 3. Statistical Measures of Asset Returns
- Subject 2. Measures of Dispersion
CFA Practice Question
True or false? Semi-deviation looks only at negative returns.
Correct Answer: False
Downside risk is the financial risk associated with losses. That is, it is the risk of the actual return being below the expected return, or the uncertainty about the magnitude of that difference. However, the targer return can still be positive.
User Contributed Comments 0
You need to log in first to add your comment.