10-day VaR at 99% backtested 250 days Zone Number exceptions Probability Cumul Green 0 36.02% 36.02% 1 15.99% 52.01% 2 11.58% 63.59% 3 8.90% 72.49% 4 6.96% 79.44% 5 5.33% 84.78% 6 4.07% 88.85% 7 3.05% 79.44% 8 2.28% 94.17% Orange 9 1.74% 95.91% ... ... ...