Question: Value at Risk (VaR) and Expected Shortfall (ES) aims to provide a single number that summarises the total risk of a portfolio. True False Reset

Value at Risk (VaR) and Expected Shortfall (ES) aims to provide

Value at Risk (VaR) and Expected Shortfall (ES) aims to provide a single number that summarises the total risk of a portfolio. True False Reset Selection Mark for Review What's This? Question 2 of 30 1.0 Points Backtesting for Expected Shortfall (ES) is easier than for Value at Risk (VaR). True False Reset Selection Mark for Review What's This? Question 3 of 30 1.0 Points The historical simulation involves the use of today's data as a guide to what will happen in the future. True False Reset Selection Mark for Review What's This? Question 4 of 30 1.0 Points Periods of high volatility in the market will tend to give lower values for Value at Risk (VaR) and Expected Shortfall (ES). True False Reset Selection

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