1-day VaR at 99% backtested 250 days Zone Number exceptions Probability Cumul Green 0 8.11% 8.11% 1 20.47% 28.58% 2 25.74% 54.32% 3 21.49% 75.81% 4 13.41% 89.22% Orange 5 6.66% 95.88% 6 2.75% 98.63% 7 0.97% 99.60% 8 0.30% 99.89% 9 0.08% 99.97% Red 10 0.02% 99.99% 11 0.00% 100.00% ... ... ...