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CFA Level 3
Portfolio Management and Wealth Planning

Evaluating Total Portfolio Risk

Medium Risk Management Measuring Risk

John is a portfolio manager for a large investment firm. He is tasked with evaluating the risk of a new portfolio consisting of stocks, bonds, and alternative investments. To adequately measure the risk associated with this portfolio, John decides to assess various risk metrics.

Which of the following risk measures would most appropriately help John understand the portfolio's total risk, including both market and non-market factors?

Hint

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% Correct84%