Financial Risk Tolerance: A Psychometric Review

Financial Risk Tolerance: A Psychometric Review
Author: John E. Grable
Publisher: CFA Institute Research Foundation
Total Pages: 27
Release: 2017-06-30
Genre: Business & Economics
ISBN: 1944960201


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This content provides financial analysts, investment professionals, and financial planners with a review of how financial risk-tolerance tests can and should be evaluated. It begins by clarifying terms related to risk taking and is followed by a broad overview of two important measurement terms: validity and reliability. It concludes with examples for practice.


Financial Risk Tolerance: A Psychometric Review
Language: en
Pages: 27
Authors: John E. Grable
Categories: Business & Economics
Type: BOOK - Published: 2017-06-30 - Publisher: CFA Institute Research Foundation

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This content provides financial analysts, investment professionals, and financial planners with a review of how financial risk-tolerance tests can and should be
Risk Profiling and Tolerance: Insights for the Private Wealth Manager
Language: en
Pages: 150
Authors: Joachim Klement
Categories: Business & Economics
Type: BOOK - Published: 2018-05-01 - Publisher: CFA Institute Research Foundation

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If risk aversion and willingness to take on risk are driven by emotions and we as humans are bad at correctly identifying them, the finance profession has a ser
Evaluation of Subjective Risk Tolerance Categorisation Methods Used by Financial Advisors
Language: en
Pages: 418
Authors: Zaffar Subedar
Categories: Behavioral assessment
Type: BOOK - Published: 2007 - Publisher:

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Predicting Financial Risk Taking Behavior
Language: en
Pages:
Authors: John Grable
Categories:
Type: BOOK - Published: 2019 - Publisher:

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The purpose of this study was to compare and contrast the predictive validity of risk tolerance questionnaires. The tested questionnaires represented measures d
Investor Risk Profiling: An Overview
Language: en
Pages: 28
Authors: Joachim Klement
Categories: Business & Economics
Type: BOOK - Published: 2015-02-26 - Publisher: CFA Institute Research Foundation

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The current standard process of risk profiling through questionnaires is highly unreliable and typically explains less than 15% of the variation in risky assets