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    Calculating Expected Shortfall

    @David Harper CFA FRM hi, while calculating expected shortfall using historical simulation, if VAR is the 5th lowest return then is expected shortfall the 4th lowest return?
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    Exam Feedback November 2019 Part 1 Exam Feedback

    Are the quartiles exchanged this time? passed with 2212 but according to me it must have been 1121...
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    Exam Feedback November 2019 Part 2 Exam Feedback

    what would be the time in india and date?
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    Exam Feedback November 2019 Part 1 Exam Feedback

    what did it say? @dassomnath1987
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    Exam Feedback November 2019 Part 1 Exam Feedback

    Don't you get your quartiles one day before on jan 1?
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