> ## Documentation Index
> Fetch the complete documentation index at: https://docs.activeviam.com/llms.txt
> Use this file to discover all available pages before exploring further.

# GIRR vega risk position correlations

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|                                      |                                                                                                                       |
| ------------------------------------ | --------------------------------------------------------------------------------------------------------------------- |
| **Description**                      | The correlation parameter between vega sensitivities within the same bucket, under the ‘Medium correlations’ scenario |
| **Variations**                       | [high-low](./high-low)                                                                                                |
| **Hierarchies required in the view** | [GIRR Vega Double Sums](./girr-vega-double-sums), [GIRR Buckets](./girr-buckets)                                      |
| **Notation**                         | $rho_kl MediumCorr$                                                                                                   |

Correlation parameter $\rho_{kl}$ between vega sensitivities within the same bucket ('medium' correlation scenario).