SOFE AFE Exam - Topic 4 Question 113 Discussion

Actual exam question for SOFE's AFE exam

Question #: 113
Topic #: 4

[All AFE Questions]

Which of the following is NOT of equity market sensitivities that are usually considered in dynamic hedging?

ADelta

BVega

Ctheta

Dalpha

Show Suggested Answer

Suggested Answer: D

by Rebecka at May 04, 2026, 04:48 PM

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16 days ago

I practiced a question similar to this, and I think alpha is the odd one out since it measures performance rather than sensitivity.

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21 days ago

I think delta, vega, and theta are all part of the standard Greeks used in hedging, but I can't recall if alpha fits in there.

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27 days ago

I remember studying the Greeks, but I’m not entirely sure about alpha. Isn’t it more related to performance rather than sensitivity?

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