Question
Which of the following is a method of measuring the loss
in the value of the portfolio over a given period and for a distribution of historic return?Solution
Value-at-risk (VaR) is a summary statistic that quantifies the potential loss of a portfolio. It is a method of measuring the loss in the value of the portfolio over a given period and for a distribution of historic return VAR statistic has three components - a relatively high level of confidence (typically either 95% or 99%), a time period (a day, a month or a year) and an estimate of investment loss (expressed either in absolute or percentage terms). However, at a 99% confidence level what VAR really means is that in 1% of cases (that would be 2-3 trading days in a year with daily VAR) the loss is expected to be greater than the VAR amount.
Statements:
P ≤ M < X > K; X < S > T; T < U < V
Conclusions:
I). Â P < S
II).  P ≥ S
...Statements: E * M, M # N, N $ K
Conclusions: a) E * NÂ Â Â Â Â b) M $ K
Statements:
A > L ≥ W = J ≤ T; Y ≥ Z > L ≥ P
Conclusions:
I). P ≤ A
II). T > Y
...Statements: Y ≤ A = F; H > T; H < V < F; Y ≤ W < R
Conclusions:
I. Y < V
II. T < A
III. W > H
Which of the following symbols should be placed in the blank spaces respectively (in the same order from left to right) in order to complete the given e...
Statements: J > M < C ≤ S < Q = K > N
ConclusionÂ
I. J ≥ S
II. N > M
Statement:G≥ K, K ≤ S, S = M, M < N
Conclusion: I. N > K II. G < S
Statements:
A > B ≥ D > C ≤ V < L; C > Z > Q
Conclusions:
I)Â B > Q
II) L < Z
...Statements: T < U = V = W < X < Y; Z = Y < R < S < O
Conclusions:
I. Z > U
II. T < O
Statements: P > Q ≤ R; Q ≥ O > S; T < S ≤ U
Conclusions:
I. T < R
II. U ≤ Q
III. P > U
...
