RELATIVE TO VAR, SENSITIVITY RISK MEASURES TYPICALLY ACCOUNT FOR

17. - CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R49 MEASURING MANAGING MARKET RISK Q BANK
CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R49 MEASURING MANAGING MARKET RISK Q BANK

17. Relative to VaR, sensitivity risk measures typically account for:

A. the probability of losses.

B. the broader risk picture by giving probability of change in the underlying risk factor.

C. the change in asset value due to a change in the underlying risk factor.