n NISM Certifications
NSM General NISM
Medium

Value-at-risk (VaR) is a measure of maximum likely price change over a __________.

Practice question from NISM Series IV - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    given interval (“horizon”)

  2. B

    given confidence level (“percentile”)

  3. both 1 and 2

    Correct answer

  4. D

    None of the above

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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