Prep Packages for the CFA® Program offered by AnalystPrep (study notes, video lessons, question bank, mock exams, and much more):
Level I: https://analystprep.com/shop/cfa-level-1-learn-practice-package/
Level II: https://analystprep.com/shop/learn-practice-package-for-level-ii-of-the-cfa-exam-by-analystprep/
Levels I, II & III (Lifetime access): https://analystprep.com/shop/cfa-unlimited-package-for-level-1-2-3/
Prep Packages for the FRM® Program:
FRM Part I & Part II (Lifetime access): https://analystprep.com/shop/unlimited-package-for-frm-part-i-part-ii/
Topic 9 – Portfolio Management
Module 2 – Using Multifactor Models
0:00 Introduction and Learning Outcome Statements
9:27 LOS: Describe arbitrage pricing theory (APT), including its underlying assumptions and its relation to multifactor models.
12:12 LOS: Define arbitrage opportunity and determine whether an arbitrage opportunity exists.
16:58 LOS: Calculate the expected return on an asset given an asset’s factor sensitivities and the factor risk premiums.
17:40 LOS: Describe and compare macroeconomic factor models, fundamental factor models, and statistical factor models.
31:25 LOS: Explain sources of active risk and interpret tracking risk and the information ratio.
38:06 LOS: Describe the uses of multifactor models and interpret the output of analyses based on multifactor models.
49:20 LOS: Describe the potential benefits for investors in considering multiple risk dimensions when modeling asset returns.