hello

your kind answer no.1 would be very helpful

waiting for your positive response

thank you

6. Optimal Sharpe Ratio (L03, CFA7) What is meant by a Sharpe-optimal portfolio? 7. Sortino Ratio (LOI, CFA7) What is the difference between the Sharpe ratio and lhe Sortino ratio? S. Value-at-Risk (VaR) Statistic (L04, CFA6) Explain the meaning of a Value-at-Risk statistic in terms ofa smallest expected loss and the probability of such a loss. 9. Value-at-Risk (VaR) Statistic (L04, CFA6) The largest expected loss for a portfolio is 20 percent with a probability of 95 percent. Relate this statement to the Value-at-Risk statistic. 10. Performance Measures (L02, CFA7) Most sources report alphas and other metrics relative to a standard benchmark, such as the S&P 500. When might this method be an inappropriate compari son? Questions and Problems 1 Standard Deviation (L04, CFA6) You find a particular stock has an annual standard deviation of 54 percent. What is the standard deviation for a two-month period?