LeetQuiz Logo
Privacy Policy•contact@leetquiz.com
© 2025 LeetQuiz All rights reserved.
Financial Risk Manager Part 2

Financial Risk Manager Part 2

Get started today

Ultimate access to all questions.


A risk analyst working at an investment bank is conducting an evaluation of the bank's risk measurement methodologies. The bank is currently relying on Value at Risk (VaR) as its primary risk assessment tool. Nevertheless, the analyst believes that Expected Shortfall (ES) could potentially serve as a better risk measure, especially in periods of market turbulence. When comparing VaR and ES, which of the following statements is correct?

Exam-Like



Powered ByGPT-5