What is the correct interpretation of a EUR 5,000,000.

Vendor: ACI
Product: 3I0-012
Update on: Jan 2, 2026
Questions: 740

ACI 3I0-012 Question Answer

What is the correct interpretation of a EUR 5,000,000.00 one-week VaR figure with a 99% confidence level?

A loss of at least EUR 5,000,000.00 can be expected in 99 out of the next 100 weeks.

A loss of at most EUR 5,000,000.00 can be expected in 1 out of the next 100 weeks.

A loss of at most EUR 5,000,000.00 can be expected in 1 out of the next 100 days.

A loss of at least EUR 5,000,000.00 can be expected in 1 out of the next 100 weeks.

ACI 3I0-012 Summary

Price: $52.5 ~~$149.99~~