> ## 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 risk charge

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

|                 |                                                                                                                                           |
| --------------- | ----------------------------------------------------------------------------------------------------------------------------------------- |
| **Description** | The sensitivities based risk charge, as if all positions are under SA                                                                     |
| **Variations**  | [incremental](./incremental), [pro\_rata](./pro_rata), [euler](./euler), [netted](./netted), [reported](./reported)                       |
| **Reference**   | [\[MAR21.7\]](https://www.bis.org/basel_framework/chapter/MAR/21.htm?inforce=20230101\&published=20200327#paragraph_MAR_21_20230101_21_7) |

The measure computes worst of the three correlations scenarios and returns either [High Risk Charge, Low Risk Charge](./high-low) or [Medium Risk Charge](./medium-risk-charge).

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