Sir
"Consider a portfolio of consisting of a Rs. 20000000 investment in share XYZ and Rs. 20000000 investment in share ABC.The daily standard deviation of both shares are 1% and the coefficient of correlation between them is 0.3.you are required to the 10 day 99% value at risk for the portfolio."

This is the question in AFM ICAI Study material.
in that answer given directly which is not getting understand by me.

Hence it is requested any one pl. explain the answer in simple terms.

Thanking you sir.

pl help me

I applied for fresh membership on 13 july 2023 it still showing RO pending ...trying to contact on ssp portal and also raise ticket but there is no solution...please kindly help me out

How to add Warehouse details on DGFT PORTAL?

Can a CA artilce get salary from another company other than the existing stipend that he/she is getting from the firm where the article is doing articleship?

Sec 194J - if it is tds applicable or not exactly Rs.30,000/- during the year or Single Payment? . Kindly clarify the doubt

Dear sir,
I want to ask about the limit of working hours and offs allowed to a ca article under new scheme for every firm.
There is a firm I joined who doesn't allow the national holidays and working for all 6 days having timings of 9 to 6.

Let me know about what happens under new scheme

I wish to clarify some doubt regarding E Invoice .i.e. Since some body written in various articles like 7 days time limit to generate E invoice is available. But practically GST officers expects e- Invoice should be generated mandatorily at the time of Goods Movement along with E way Bill .
Actually which one is correct ? What will do in case website will not work ?
Then what is the use of 7 days time Limit?

I have served excess leave under new principal as i am filing 103 form it is showing to serve under previous principal so please assist me what should i do

Dear Sir/Madam,

Mene B.com 2013 pass kiya tha tab se me Job kar raha hu or ab me CA Karna Cahta hu par Job nahi chod sakta kyuki family dekhni hoti hai me married hu or mera ek baccha bhi hai. Me CA kaise kar sakta kyuki usme 3 year ki articleship karni hoti usme itna stipend milega nahi jisse mera ghar chal sake. Kaise karu samajh nahi aa raha mera accounts me bahut interest hai mujhe padai se dar nahi lagta bas articleship ki tension hai kyuki us time ghar kese chalaunga. Please help

Good Morning Sir,
Actually, i want to know that i've completed M.COM from Ignou University and obtained 60% marks. My subjects are given below:
1.International Business Environment
2.International Marketing Management
3.India’s Foreign Trade
4.Export Import Procedure and Documentation
5.International Marketing Logistics
6.International Business Finance
7.Organisation Theory and Behavior
8.Research Methodology and Statistical
9.Business Environment
10.Accounting for Managerial
11.MARKETING MANAGEMENT
12.Financial Managements

can i take admission in ipcc through direct entry mode. because i am not confirm that above mention subject is sufficient for take admission. Please suggest me. I'll be thankful to you.

Thanks,
Jyoti