> ## 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.

# SBM correlation scenario

<Badge color="gray" size="lg">[sbm](./sbm-correlation-scenario)</Badge>

|                 |                                                                                                                                           |
| --------------- | ----------------------------------------------------------------------------------------------------------------------------------------- |
| **Description** | The correlation scenario used for the SBM Risk Charge                                                                                     |
| **Reference**   | [\[MAR21.7\]](https://www.bis.org/basel_framework/chapter/MAR/21.htm?inforce=20230101\&published=20200327#paragraph_MAR_21_20230101_21_7) |

This string-valued measure indicates which correlation scenario had the highest Risk Charge and hence was selected for the SBM risk Charge. It can take values "low", "medium" and "high".

If the [Correlation Scenario](./correlation-scenario) hierarchy is used, you can fix the scenario to High, Low, Medium or reference.