What is the difference between an event that is probable and one that is highly likely?
The two terms seem mostly interchangeable, but each individual’s interpretation is actually highly subjective. That means that when stakes are high, such as for the intelligence community or for...
2 more updates about some members as an indicator:
* Submit on 30th June, receiving on 19th July
* Submit on 29th June, receiving on 19th July
so it's like 3 weeks for who submitted one day after the exam.
Noting that results were released on 28th June
here is another group created in Analyst Forum
Hope that all agree to be just in one group.
http://www.analystforum.com/forums/frm-forum/91351584
Hope both admins to agree on that so all members are in one group. This will help a lot
https://forum.bionicturtle.com/threads/may-2016-part-2-exam-feedback.9610/page-13#post-43293
@Delo exactly the same :)
11213
Hope to have same results when results are back
Here is my feedback that might help
Exam was quantitative + qualitative. There are a lot of questions to use calculator for
There was 3 long stories with few questions attached to each story. Total of 14 questions as I remember but not sure. 1st story started from Q64
VaR was tested heavily...
Many thanks @David Harper CFA FRM
Is it right to say that from application point of view:
- Credit VaR is for loans provided to retail & corporate
- CVA is for exposure at counterparty (Opposite side with a financial institution)
I'm looking for practical application on the ground for solid...
When I checked old GARP exams, they were used old formula
But in 2016, new formula is there
Adj RAROC = RAROC - Beta (Rm-Rf)
Really strange!
Question is still there: Which formula we have to use ?
BTW, I agree with @David Harper CFA FRM about whether we should agree or reject the project...
Which is expressed by tracking error ? Active risk or residual risk or nonsystematic risk?
What are the measures for others ?
I have this conflict because in GARP book page 82 while defining IR, it's mentioned that TE is a measure for nonsystematic risk.
While it's mentioned in many locations...
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