When is it wise to rely on histori$$al statistical distributions as your guide to the future deviation of this new portfolio?

The portfolio asset classes, risk factors, and sector weightings are similar to past portfolios for which there is historical data.

There are not major changes in any of the underlying economic, political, or technological factors that drive market returns. In other words, the historical data is representative.

When the market environment is volathe and unpredictable.

Options a$)$ and b$)$ only.

Options a$),$ b$),$ and c$)$ only.