> ## 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.

# Squared lhscalefactor

<Badge color="gray" size="lg">[ima](./measures/imadrc)</Badge>

|                                      |                                                                                                                                           |
| ------------------------------------ | ----------------------------------------------------------------------------------------------------------------------------------------- |
| **Description**                      | The current liquidity horizon minus the previous and divided by the base liquidity horizon                                                |
| **Hierarchies required in the view** | [Liquidity Horizons](./liquidity-horizons)                                                                                                |
| **Reference**                        | [\[MAR33.4\]](https://www.bis.org/basel_framework/chapter/MAR/33.htm?inforce=20230101\&published=20200327#paragraph_MAR_33_20230101_33_4) |
| **Formula**                          | $\displaystyle \frac{(LH_j-LH_{j-1})}{T}$                                                                                                 |