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IIA-CFSA · Question #253

Which one of the following is common misinterpretation during the calculation of VaR

The correct answer is D. All of the above. See the full explanation below for the reasoning.

Question

Which one of the following is common misinterpretation during the calculation of VaR

Options

  • AThe VaR calculation is based on an assumption that the portfolio is held constant over the
  • BThe VaR Forecast is based on what has happened in the past If the future is not like the past the
  • CThere is a tendency to interpret VaR as the largest loss that has on X percent probability of being
  • DAll of the above.

How the community answered

(47 responses)
  • A
    6% (3)
  • B
    2% (1)
  • C
    11% (5)
  • D
    81% (38)

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