ACI-Financial 3I0-012 Question # 10 Topic 2 Discussion

3I0-012 Exam Topic 2 Question 10 Discussion:

Question #: 10

Topic #: 2

If the daily 90% confidence level VaR of a portfolio is correctly estimated to be USD 5,000.00, one would expect that:

in 1 out of 10 days, the portfolio value will decline by USD 5,000.00 or less.

in 1 out of 90 days, the portfolio value will decline by USD 5,000.00 or less.

in 1 out of 10 days, the portfolio value will decline by USD 5,000.00 or more.

in 1 out of 90 days, the portfolio value will decline by USD 5,000.00 or more.

Get Premium 3I0-012 Questions

Actual exam question for ACI 3I0-012 exam by Zara1734 at Aug 15, 2025, 10:03:00 AM

Chosen Answer: A B C D
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.