{"id":8536,"date":"2026-02-22T12:32:36","date_gmt":"2026-02-22T08:32:36","guid":{"rendered":"https:\/\/eoninvestment.com\/?p=8536"},"modified":"2026-04-10T22:48:47","modified_gmt":"2026-04-10T18:48:47","slug":"var-linear-model","status":"publish","type":"post","link":"https:\/\/eoninvestment.com\/ka\/2026\/02\/22\/var-linear-model\/","title":{"rendered":"VaR - \u10ec\u10e0\u10e4\u10d8\u10d5\u10d8 \u10db\u10dd\u10d3\u10d4\u10da\u10d8<\/span>"},"content":{"rendered":"
\n\n\n\n

In the previous note about VaR, I discussed and showed how it is calculated using simulation of historical data. Now I will demonstrate how it is calculated using linear modeling.<\/p>\n\n\n\n

First, we again construct the statistics of historical data;<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

Then we calculate returns obtained from price changes \u2014 LN (t1\/t0)<\/strong>;<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

After that, we build the Variance\u2013Covariance matrix<\/strong>;<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

Finally, we compute VaR<\/strong> and the Expected Shortfall<\/strong> according to the chosen confidence interval<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

As the number of days increases, the risk also increases:<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

VaR \u2013 Linear Model (Excel)<\/a><\/strong><\/p>\n\n\n\n

Adapted from the source:<\/p>\n\n\n\n

Options, Futures & Other Derivatives, John C. Hull<\/p>\n\n\n\n

","protected":false},"excerpt":{"rendered":"

VaR-\u10d8\u10e1 \u10e8\u10d4\u10e1\u10d0\u10ee\u10d4\u10d1 \u10ec\u10d8\u10dc\u10d0 \u10e9\u10d0\u10dc\u10d0\u10ec\u10d4\u10e0\u10e8\u10d8 \u10d5\u10d8\u10e1\u10d0\u10e3\u10d1\u10e0\u10d4, \u10d3\u10d0 \u10d5\u10d0\u10e9\u10d5\u10d4\u10dc\u10d4 \u10e0\u10dd\u10d2\u10dd\u10e0 \u10ee\u10d3\u10d4\u10d1\u10d0 \u10db\u10d8\u10e1\u10d8 \u10d3\u10d0\u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d4\u10d1\u10d0 \u10d8\u10e1\u10e2\u10dd\u10e0\u10d8\u10e3\u10da\u10d8 \u10ea\u10d8\u10e4\u10e0\u10d4\u10d1\u10d8\u10e1 \u10e1\u10d8\u10db\u10e3\u10da\u10d0\u10ea\u10d8\u10d8\u10d7, \u10d0\u10ee\u10da\u10d0 \u10d5\u10d0\u10e9\u10d5\u10d4\u10dc\u10d4\u10d1 \u10e0\u10dd\u10d2\u10dd\u10e0 \u10ee\u10d3\u10d4\u10d1\u10d0 \u10d3\u10d0\u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d4\u10d1\u10d0 \u10ec\u10e0\u10e4\u10d8\u10d5\u10d8 \u10db\u10dd\u10d3\u10d4\u10da\u10d8\u10e0\u10d4\u10d1\u10d8\u10d7. \u10de\u10d8\u10e0\u10d5\u10d4\u10da \u10e0\u10d8\u10d2\u10e8\u10d8 \u10d8\u10e1\u10d4\u10d5 \u10d3\u10d2\u10d4\u10d1\u10d0 \u10d8\u10e1\u10e2\u10dd\u10e0\u10d8\u10e3\u10da\u10d8 \u10ea\u10d8\u10e4\u10e0\u10d4\u10d1\u10d8\u10e1 \u10e1\u10e2\u10d0\u10e2\u10d8\u10e1\u10e2\u10d8\u10d9\u10d0: \u10e8\u10d4\u10db\u10d3\u10d4\u10d2 \u10d5\u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10dd\u10d1\u10d7 \u10e4\u10d0\u10e1\u10d4\u10d1\u10d8\u10e1 \u10ea\u10d5\u10da\u10d8\u10da\u10d4\u10d1\u10d8\u10d7 [\u2026]<\/p>","protected":false},"author":12998525,"featured_media":8549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_eon_insights_quality":"","_eon_insights_decision":"","_eon_insights_destination":"","_eon_insights_merge_group":"","_eon_insights_required_changes":"","_eon_insights_start_order":0,"_eon_featured_insight":0,"_eon_insights_map_version":"","_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[31110612,784237235,106538530],"tags":[],"eon_topic":[],"eon_learning_path":[],"eon_collection":[],"eon_level":[],"eon_content_type":[],"eon_source":[],"eon_idea":[784445705],"eon_framework":[],"class_list":["post-8536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-excel-models","category-options-futures-other-derivatives-john-c-hull-ka","category-derivatives","eon_idea-derivatives"],"yoast_head":"\nVaR - Linear Model - Eon Investment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eoninvestment.com\/ka\/2026\/02\/22\/var-linear-model\/\" \/>\n<meta property=\"og:locale\" content=\"ka_GE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VaR - Linear Model - Eon Investment\" \/>\n<meta property=\"og:description\" content=\"VaR-\u10d8\u10e1 \u10e8\u10d4\u10e1\u10d0\u10ee\u10d4\u10d1 \u10ec\u10d8\u10dc\u10d0 \u10e9\u10d0\u10dc\u10d0\u10ec\u10d4\u10e0\u10e8\u10d8 \u10d5\u10d8\u10e1\u10d0\u10e3\u10d1\u10e0\u10d4, \u10d3\u10d0 \u10d5\u10d0\u10e9\u10d5\u10d4\u10dc\u10d4 \u10e0\u10dd\u10d2\u10dd\u10e0 \u10ee\u10d3\u10d4\u10d1\u10d0 \u10db\u10d8\u10e1\u10d8 \u10d3\u10d0\u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d4\u10d1\u10d0 \u10d8\u10e1\u10e2\u10dd\u10e0\u10d8\u10e3\u10da\u10d8 \u10ea\u10d8\u10e4\u10e0\u10d4\u10d1\u10d8\u10e1 \u10e1\u10d8\u10db\u10e3\u10da\u10d0\u10ea\u10d8\u10d8\u10d7, \u10d0\u10ee\u10da\u10d0 \u10d5\u10d0\u10e9\u10d5\u10d4\u10dc\u10d4\u10d1 \u10e0\u10dd\u10d2\u10dd\u10e0 \u10ee\u10d3\u10d4\u10d1\u10d0 \u10d3\u10d0\u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d4\u10d1\u10d0 \u10ec\u10e0\u10e4\u10d8\u10d5\u10d8 \u10db\u10dd\u10d3\u10d4\u10da\u10d8\u10e0\u10d4\u10d1\u10d8\u10d7. \u10de\u10d8\u10e0\u10d5\u10d4\u10da \u10e0\u10d8\u10d2\u10e8\u10d8 \u10d8\u10e1\u10d4\u10d5 \u10d3\u10d2\u10d4\u10d1\u10d0 \u10d8\u10e1\u10e2\u10dd\u10e0\u10d8\u10e3\u10da\u10d8 \u10ea\u10d8\u10e4\u10e0\u10d4\u10d1\u10d8\u10e1 \u10e1\u10e2\u10d0\u10e2\u10d8\u10e1\u10e2\u10d8\u10d9\u10d0: \u10e8\u10d4\u10db\u10d3\u10d4\u10d2 \u10d5\u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10dd\u10d1\u10d7 \u10e4\u10d0\u10e1\u10d4\u10d1\u10d8\u10e1 \u10ea\u10d5\u10da\u10d8\u10da\u10d4\u10d1\u10d8\u10d7 [\u2026]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/eoninvestment.com\/ka\/2026\/02\/22\/var-linear-model\/\" \/>\n<meta property=\"og:site_name\" content=\"Eon Investment\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/eoninvestment\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-22T08:32:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-10T18:48:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/eoninvestment.com\/wp-content\/uploads\/2026\/02\/image-18.png?fit=752%2C452&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"752\" \/>\n\t<meta property=\"og:image:height\" content=\"452\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"neoinsight\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"neoinsight\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/wp-json\\\/wp\\\/v2\\\/posts\\\/8536\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/#website\"},\"author\":{\"name\":\"neoinsight\",\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/#\\\/schema\\\/person\\\/9bb6a82e15a5231535d10233395afa89\"},\"headline\":\"VaR - \u10ec\u10e0\u10e4\u10d8\u10d5\u10d8 \u10db\u10dd\u10d3\u10d4\u10da\u10d8\",\"datePublished\":\"2026-02-22T08:32:36+00:00\",\"dateModified\":\"2026-04-10T18:48:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/2026\\\/02\\\/22\\\/var-linear-model\\\/\"},\"wordCount\":101,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/2026\\\/02\\\/22\\\/var-linear-model\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/eoninvestment.com\\\/wp-content\\\/uploads\\\/2026\\\/02\\\/image-18.png?fit=752%2C452&ssl=1\",\"articleSection\":[\"Excel Models\",\"Options, Futures & Other Derivatives, - John C. Hull\",\"Derivatives\"],\"inLanguage\":\"ka-GE\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/eoninvestment.com\\\/2026\\\/02\\\/22\\\/var-linear-model\\\/#respond\"]}],\"url\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/wp-json\\\/wp\\\/v2\\\/posts\\\/8536\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/wp-json\\\/wp\\\/v2\\\/posts\\\/8536\",\"url\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/wp-json\\\/wp\\\/v2\\\/posts\\\/8536\",\"name\":\"VaR - Linear Model - Eon Investment\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/2026\\\/02\\\/22\\\/var-linear-model\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/2026\\\/02\\\/22\\\/var-linear-model\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/eoninvestment.com\\\/wp-content\\\/uploads\\\/2026\\\/02\\\/image-18.png?fit=752%2C452&ssl=1\",\"datePublished\":\"2026-02-22T08:32:36+00:00\",\"dateModified\":\"2026-04-10T18:48:47+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/wp-json\\\/wp\\\/v2\\\/posts\\\/8536#breadcrumb\"},\"inLanguage\":\"ka-GE\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/eoninvestment.com\\\/2026\\\/02\\\/22\\\/var-linear-model\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ka-GE\",\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/2026\\\/02\\\/22\\\/var-linear-model\\\/#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/eoninvestment.com\\\/wp-content\\\/uploads\\\/2026\\\/02\\\/image-18.png?fit=752%2C452&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/eoninvestment.com\\\/wp-content\\\/uploads\\\/2026\\\/02\\\/image-18.png?fit=752%2C452&ssl=1\",\"width\":752,\"height\":452},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/wp-json\\\/wp\\\/v2\\\/posts\\\/8536#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/eoninvestment.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"VaR – Linear Model\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/#website\",\"url\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/\",\"name\":\"Eon Investment\",\"description\":\"Think Value\",\"publisher\":{\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ka-GE\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/#organization\",\"name\":\"Eon Investment\",\"url\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ka-GE\",\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/eoninvestment.com\\\/wp-content\\\/uploads\\\/2026\\\/09\\\/EON_Profile_Logo_Concept_v2.png?fit=1200%2C1200&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/eoninvestment.com\\\/wp-content\\\/uploads\\\/2026\\\/09\\\/EON_Profile_Logo_Concept_v2.png?fit=1200%2C1200&ssl=1\",\"width\":1200,\"height\":1200,\"caption\":\"Eon Investment\"},\"image\":{\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/facebook.com\\\/eoninvestment\",\"https:\\\/\\\/linkedin.com\\\/groups\\\/9505998\\\/\"],\"inLanguage\":\"ka-GE\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/#\\\/schema\\\/person\\\/9bb6a82e15a5231535d10233395afa89\",\"name\":\"neoinsight\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ka-GE\",\"@id\":\"https:\\\/\\\/i0.wp.com\\\/eoninvestment.com\\\/wp-content\\\/uploads\\\/nsl_avatars\\\/e542a6ac7ec6ce15f0e0460c008fc45b.jpg?fit=96%2C96&ssl=1\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/eoninvestment.com\\\/wp-content\\\/uploads\\\/nsl_avatars\\\/e542a6ac7ec6ce15f0e0460c008fc45b.jpg?fit=96%2C96&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/eoninvestment.com\\\/wp-content\\\/uploads\\\/nsl_avatars\\\/e542a6ac7ec6ce15f0e0460c008fc45b.jpg?fit=96%2C96&ssl=1\",\"caption\":\"neoinsight\"},\"sameAs\":[\"http:\\\/\\\/neoinsight.wordpress.com\"],\"url\":\"https:\\\/\\\/eoninvestment.com\\\/ka\\\/author\\\/neoinsight\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"VaR - Linear Model - Eon Investment","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/eoninvestment.com\/ka\/2026\/02\/22\/var-linear-model\/","og_locale":"ka_GE","og_type":"article","og_title":"VaR - Linear Model - Eon Investment","og_description":"VaR-\u10d8\u10e1 \u10e8\u10d4\u10e1\u10d0\u10ee\u10d4\u10d1 \u10ec\u10d8\u10dc\u10d0 \u10e9\u10d0\u10dc\u10d0\u10ec\u10d4\u10e0\u10e8\u10d8 \u10d5\u10d8\u10e1\u10d0\u10e3\u10d1\u10e0\u10d4, \u10d3\u10d0 \u10d5\u10d0\u10e9\u10d5\u10d4\u10dc\u10d4 \u10e0\u10dd\u10d2\u10dd\u10e0 \u10ee\u10d3\u10d4\u10d1\u10d0 \u10db\u10d8\u10e1\u10d8 \u10d3\u10d0\u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d4\u10d1\u10d0 \u10d8\u10e1\u10e2\u10dd\u10e0\u10d8\u10e3\u10da\u10d8 \u10ea\u10d8\u10e4\u10e0\u10d4\u10d1\u10d8\u10e1 \u10e1\u10d8\u10db\u10e3\u10da\u10d0\u10ea\u10d8\u10d8\u10d7, \u10d0\u10ee\u10da\u10d0 \u10d5\u10d0\u10e9\u10d5\u10d4\u10dc\u10d4\u10d1 \u10e0\u10dd\u10d2\u10dd\u10e0 \u10ee\u10d3\u10d4\u10d1\u10d0 \u10d3\u10d0\u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10d4\u10d1\u10d0 \u10ec\u10e0\u10e4\u10d8\u10d5\u10d8 \u10db\u10dd\u10d3\u10d4\u10da\u10d8\u10e0\u10d4\u10d1\u10d8\u10d7. \u10de\u10d8\u10e0\u10d5\u10d4\u10da \u10e0\u10d8\u10d2\u10e8\u10d8 \u10d8\u10e1\u10d4\u10d5 \u10d3\u10d2\u10d4\u10d1\u10d0 \u10d8\u10e1\u10e2\u10dd\u10e0\u10d8\u10e3\u10da\u10d8 \u10ea\u10d8\u10e4\u10e0\u10d4\u10d1\u10d8\u10e1 \u10e1\u10e2\u10d0\u10e2\u10d8\u10e1\u10e2\u10d8\u10d9\u10d0: \u10e8\u10d4\u10db\u10d3\u10d4\u10d2 \u10d5\u10d0\u10dc\u10d2\u10d0\u10e0\u10d8\u10e8\u10dd\u10d1\u10d7 \u10e4\u10d0\u10e1\u10d4\u10d1\u10d8\u10e1 \u10ea\u10d5\u10da\u10d8\u10da\u10d4\u10d1\u10d8\u10d7 [\u2026]","og_url":"https:\/\/eoninvestment.com\/ka\/2026\/02\/22\/var-linear-model\/","og_site_name":"Eon Investment","article_publisher":"https:\/\/facebook.com\/eoninvestment","article_published_time":"2026-02-22T08:32:36+00:00","article_modified_time":"2026-04-10T18:48:47+00:00","og_image":[{"width":752,"height":452,"url":"https:\/\/i0.wp.com\/eoninvestment.com\/wp-content\/uploads\/2026\/02\/image-18.png?fit=752%2C452&ssl=1","type":"image\/png"}],"author":"neoinsight","twitter_card":"summary_large_image","twitter_misc":{"Written by":"neoinsight"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/posts\/8536","isPartOf":{"@id":"https:\/\/eoninvestment.com\/ka\/#website"},"author":{"name":"neoinsight","@id":"https:\/\/eoninvestment.com\/ka\/#\/schema\/person\/9bb6a82e15a5231535d10233395afa89"},"headline":"VaR - \u10ec\u10e0\u10e4\u10d8\u10d5\u10d8 \u10db\u10dd\u10d3\u10d4\u10da\u10d8","datePublished":"2026-02-22T08:32:36+00:00","dateModified":"2026-04-10T18:48:47+00:00","mainEntityOfPage":{"@id":"https:\/\/eoninvestment.com\/2026\/02\/22\/var-linear-model\/"},"wordCount":101,"commentCount":0,"publisher":{"@id":"https:\/\/eoninvestment.com\/ka\/#organization"},"image":{"@id":"https:\/\/eoninvestment.com\/2026\/02\/22\/var-linear-model\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/eoninvestment.com\/wp-content\/uploads\/2026\/02\/image-18.png?fit=752%2C452&ssl=1","articleSection":["Excel Models","Options, Futures & Other Derivatives, - John C. Hull","Derivatives"],"inLanguage":"ka-GE","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/eoninvestment.com\/2026\/02\/22\/var-linear-model\/#respond"]}],"url":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/posts\/8536"},{"@type":"WebPage","@id":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/posts\/8536","url":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/posts\/8536","name":"VaR - Linear Model - Eon Investment","isPartOf":{"@id":"https:\/\/eoninvestment.com\/ka\/#website"},"primaryImageOfPage":{"@id":"https:\/\/eoninvestment.com\/2026\/02\/22\/var-linear-model\/#primaryimage"},"image":{"@id":"https:\/\/eoninvestment.com\/2026\/02\/22\/var-linear-model\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/eoninvestment.com\/wp-content\/uploads\/2026\/02\/image-18.png?fit=752%2C452&ssl=1","datePublished":"2026-02-22T08:32:36+00:00","dateModified":"2026-04-10T18:48:47+00:00","breadcrumb":{"@id":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/posts\/8536#breadcrumb"},"inLanguage":"ka-GE","potentialAction":[{"@type":"ReadAction","target":["https:\/\/eoninvestment.com\/2026\/02\/22\/var-linear-model\/"]}]},{"@type":"ImageObject","inLanguage":"ka-GE","@id":"https:\/\/eoninvestment.com\/2026\/02\/22\/var-linear-model\/#primaryimage","url":"https:\/\/i0.wp.com\/eoninvestment.com\/wp-content\/uploads\/2026\/02\/image-18.png?fit=752%2C452&ssl=1","contentUrl":"https:\/\/i0.wp.com\/eoninvestment.com\/wp-content\/uploads\/2026\/02\/image-18.png?fit=752%2C452&ssl=1","width":752,"height":452},{"@type":"BreadcrumbList","@id":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/posts\/8536#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/eoninvestment.com\/"},{"@type":"ListItem","position":2,"name":"VaR – Linear Model"}]},{"@type":"WebSite","@id":"https:\/\/eoninvestment.com\/ka\/#website","url":"https:\/\/eoninvestment.com\/ka\/","name":"Eon Investment","description":"Think Value","publisher":{"@id":"https:\/\/eoninvestment.com\/ka\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/eoninvestment.com\/ka\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ka-GE"},{"@type":"Organization","@id":"https:\/\/eoninvestment.com\/ka\/#organization","name":"Eon Investment","url":"https:\/\/eoninvestment.com\/ka\/","logo":{"@type":"ImageObject","inLanguage":"ka-GE","@id":"https:\/\/eoninvestment.com\/ka\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/eoninvestment.com\/wp-content\/uploads\/2026\/09\/EON_Profile_Logo_Concept_v2.png?fit=1200%2C1200&ssl=1","contentUrl":"https:\/\/i0.wp.com\/eoninvestment.com\/wp-content\/uploads\/2026\/09\/EON_Profile_Logo_Concept_v2.png?fit=1200%2C1200&ssl=1","width":1200,"height":1200,"caption":"Eon Investment"},"image":{"@id":"https:\/\/eoninvestment.com\/ka\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/eoninvestment","https:\/\/linkedin.com\/groups\/9505998\/"],"inLanguage":"ka-GE"},{"@type":"Person","@id":"https:\/\/eoninvestment.com\/ka\/#\/schema\/person\/9bb6a82e15a5231535d10233395afa89","name":"neoinsight","image":{"@type":"ImageObject","inLanguage":"ka-GE","@id":"https:\/\/i0.wp.com\/eoninvestment.com\/wp-content\/uploads\/nsl_avatars\/e542a6ac7ec6ce15f0e0460c008fc45b.jpg?fit=96%2C96&ssl=1","url":"https:\/\/i0.wp.com\/eoninvestment.com\/wp-content\/uploads\/nsl_avatars\/e542a6ac7ec6ce15f0e0460c008fc45b.jpg?fit=96%2C96&ssl=1","contentUrl":"https:\/\/i0.wp.com\/eoninvestment.com\/wp-content\/uploads\/nsl_avatars\/e542a6ac7ec6ce15f0e0460c008fc45b.jpg?fit=96%2C96&ssl=1","caption":"neoinsight"},"sameAs":["http:\/\/neoinsight.wordpress.com"],"url":"https:\/\/eoninvestment.com\/ka\/author\/neoinsight\/"}]}},"jetpack_publicize_connections":[],"jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pQZ85-2dG","jetpack_featured_media_url":"https:\/\/i0.wp.com\/eoninvestment.com\/wp-content\/uploads\/2026\/02\/image-18.png?fit=752%2C452&ssl=1","_links":{"self":[{"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/posts\/8536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/users\/12998525"}],"replies":[{"embeddable":true,"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/comments?post=8536"}],"version-history":[{"count":27,"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/posts\/8536\/revisions"}],"predecessor-version":[{"id":9104,"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/posts\/8536\/revisions\/9104"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/media\/8549"}],"wp:attachment":[{"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/media?parent=8536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/categories?post=8536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/tags?post=8536"},{"taxonomy":"eon_topic","embeddable":true,"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/eon_topic?post=8536"},{"taxonomy":"eon_learning_path","embeddable":true,"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/eon_learning_path?post=8536"},{"taxonomy":"eon_collection","embeddable":true,"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/eon_collection?post=8536"},{"taxonomy":"eon_level","embeddable":true,"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/eon_level?post=8536"},{"taxonomy":"eon_content_type","embeddable":true,"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/eon_content_type?post=8536"},{"taxonomy":"eon_source","embeddable":true,"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/eon_source?post=8536"},{"taxonomy":"eon_idea","embeddable":true,"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/eon_idea?post=8536"},{"taxonomy":"eon_framework","embeddable":true,"href":"https:\/\/eoninvestment.com\/ka\/wp-json\/wp\/v2\/eon_framework?post=8536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}