> ## 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. # Harrel-Davis VaR > Reference for the Harrel-Davis VaR measures in the VaR-ES Cube. Reference for the Harrel-Davis VaR measures in the VaR-ES Cube. ## HD VaR | Measure | Description | Relevant context values | | ----------- | ------------------------------------------ | ------------------------------------------ | | HD VaR | Harrel-Davis Value-at-Risk | [VaRConfidenceLevel](../../context-values) | | HD VaR 97.5 | Harrel-Davis VaR at 97.5% confidence level | | | HD VaR 99 | Harrel-Davis VaR at 99% confidence level | | ## DtD | Measure | Description | Relevant context values | | --------------- | ------------------------------------------------------------------------ | ------------------------------------------ | | HD VaR DtD | Change of Harrel-Davis VaR from one day to another. By default DtD. | [VaRConfidenceLevel](../../context-values) | | HD VaR 97.5 DtD | Change of Harrel-Davis VaR 97.5 from one day to another. By default DtD. | | | HD VaR 99 DtD | Change of Harrel-Davis VaR 99 from one day to another. By default DtD. | | ## DtD % difference | Measure | Description | Relevant context values | | ---------------------------- | ----------------------------------------------------------------------------------- | ------------------------------------------ | | HD VaR DtD % Difference | Percentage change of Harrel-Davis VaR from one day to another. By default DtD. | [VaRConfidenceLevel](../../context-values) | | HD VaR 97.5 DtD % Difference | Percentage change of Harrel-Davis VaR 97.5 from one day to another. By default DtD. | [VaRConfidenceLevel](../../context-values) | | HD VaR 99 DtD % Difference | Percentage change of Harrel-Davis VaR 99 from one day to another. By default DtD. | [VaRConfidenceLevel](../../context-values) | ## Previous | Measure | Description | Relevant context values | | -------------------- | -------------------------------------------------------------------------- | ------------------------------------------ | | HD VaR Previous | Harrel-Davis Value-at-Risk for the previous day. | [VaRConfidenceLevel](../../context-values) | | HD VaR 97.5 Previous | Harrel-Davis Value-at-Risk for the previous day at 97.5% confidence level. | [VaRConfidenceLevel](../../context-values) | | HD VaR 99 Previous | Harrel-Davis Value-at-Risk for the previous day at 99% confidence level. | [VaRConfidenceLevel](../../context-values) | ## With % difference All measures in this section output a string. | Measure | Description | Relevant context values | | ----------------------------- | ------------------------------------------------------------- | ------------------------------------------ | | HD VaR with % Difference | Harrel-Davis VaR with percentage difference in brackets. | [VaRConfidenceLevel](../../context-values) | | HD VaR 97.5 with % Difference | Harrel-Davis VaR 97.5 with percentage difference in brackets. | [VaRConfidenceLevel](../../context-values) | | HD VaR 99 with % Difference | Harrel-Davis VaR 99 with percentage difference in brackets. | [VaRConfidenceLevel](../../context-values) | ## Booking ### Incremental booking | Measure | Description | Related methodologies | | ------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------ | | HD VaR Incremental Booking | Contribution of the upper Booking of Harrel-Davis Value at Risk, computed as the shift of the VaR implied by this book which can change the scenario order | [Incremental](../../../calculations/incremental) | | HD VaR 97.5 Incremental Booking | Contribution of the upper Booking of Harrel-Davis 97.5 Value at Risk, computed as the shift of the VaR implied by this book which can change the scenario order | [Incremental](../../../calculations/incremental) | | HD VaR 99 Incremental Booking | Contribution of the upper Booking of Harrel-Davis 99 Value at Risk, computed as the shift of the VaR implied by this book which can change the scenario order | [Incremental](../../../calculations/incremental) | ### LEstimated booking | Measure | Description | Related methodologies | | ------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------------ | ---------------------------------------------- | | HD VaR LEstimated Booking | Contribution of the upper Booking of Harrel-Davis Value at Risk, computed as the scenario level add-ons without changing the scenario order | [LEstimated](../../../calculations/lestimated) | | HD VaR 97.5 LEstimated Booking | Contribution of the upper Booking of Harrel-Davis 97.5 Value at Risk, computed as the scenario level add-ons without changing the scenario order | [LEstimated](../../../calculations/lestimated) | | HD VaR 99 LEstimated Booking | Contribution of the upper Booking of Harrel-Davis 99 Value at Risk, computed as the scenario level add-ons without changing the scenario order | [LEstimated](../../../calculations/lestimated) | ## Reference level ### Incremental reference level | Measure | Description | Related methodologies | | --------------------------------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------ | | HD VaR Incremental Reference Level | Contribution of the upper Reference Level of Harrel-Davis Value at Risk, computed as the shift of the VaR implied by this book which can change the scenario order | [Incremental](../../../calculations/incremental) | | HD VaR 97.5 Incremental Reference Level | Contribution of the upper Reference Level of Harrel-Davis 97.5 Value at Risk, computed as the shift of the VaR implied by this book which can change the scenario order | [Incremental](../../../calculations/incremental) | | HD VaR 99 Incremental Reference Level | Contribution of the upper Reference Level of Harrel-Davis 99 Value at Risk, computed as the shift of the VaR implied by this book which can change the scenario order | [Incremental](../../../calculations/incremental) | ### LEstimated reference level | Measure | Description | Related methodologies | | -------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------------------- | | HD VaR LEstimated Reference Level | Contribution of the upper Reference Level of Harrel-Davis Value at Risk, computed as the scenario level add-ons without changing the scenario order | [LEstimated](../../../calculations/lestimated) | | HD VaR 97.5 LEstimated Reference Level | Contribution of the upper Reference Level of Harrel-Davis 97.5 Value at Risk, computed as the scenario level add-ons without changing the scenario order | [LEstimated](../../../calculations/lestimated) | | HD VaR 99 LEstimated Reference Level | Contribution of the upper Reference Level of Harrel-Davis 99 Value at Risk, computed as the scenario level add-ons without changing the scenario order | [LEstimated](../../../calculations/lestimated) | ## Top ### Incremental top | Measure | Description | Related methodologies | | --------------------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------ | | HD VaR Incremental Top | Contribution of the upper Top of Harrel-Davis Value at Risk, computed as the shift of the VaR implied by this book which can change the scenario order | [Incremental](../../../calculations/incremental) | | HD VaR 97.5 Incremental Top | Contribution of the upper Top of Harrel-Davis 97.5 Value at Risk, computed as the shift of the VaR implied by this book which can change the scenario order | [Incremental](../../../calculations/incremental) | | HD VaR 99 Incremental Top | Contribution of the upper Top of Harrel-Davis 99 Value at Risk, computed as the shift of the VaR implied by this book which can change the scenario order | [Incremental](../../../calculations/incremental) | ### LEstimated top | Measure | Description | Related methodologies | | -------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------------------- | | HD VaR LEstimated Top | Contribution of the upper Top of Harrel-Davis Value at Risk, computed as the scenario level add-ons without changing the scenario order | [LEstimated](../../../calculations/lestimated) | | HD VaR 97.5 LEstimated Top | Contribution of the upper Top of Harrel-Davis 97.5 Value at Risk, computed as the scenario level add-ons without changing the scenario order | [LEstimated](../../../calculations/lestimated) | | HD VaR 99 LEstimated Top | Contribution of the upper Top of Harrel-Davis 99 Value at Risk, computed as the scenario level add-ons without changing the scenario order | [LEstimated](../../../calculations/lestimated) | ## Trades ### Incremental trades | Measure | Description | Related methodologies | | ------------------------------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------ | | HD VaR Incremental Trades | Contribution of the upper Trades of Harrel-Davis Value at Risk, computed as the shift of the VaR implied by this book which can change the scenario order | [Incremental](../../../calculations/incremental) | | HD VaR 97.5 Incremental Trades | Contribution of the upper Trades of Harrel-Davis 97.5 Value at Risk, computed as the shift of the VaR implied by this book which can change the scenario order | [Incremental](../../../calculations/incremental) | | HD VaR 99 Incremental Trades | Contribution of the upper Trades of Harrel-Davis 99 Value at Risk, computed as the shift of the VaR implied by this book which can change the scenario order | [Incremental](../../../calculations/incremental) | ### LEstimated trades | Measure | Description | Related methodologies | | ----------------------------- | ----------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------------------- | | HD VaR LEstimated Trades | Contribution of the upper Trades of Harrel-Davis Value at Risk, computed as the scenario level add-ons without changing the scenario order | [LEstimated](../../../calculations/lestimated) | | HD VaR 97.5 LEstimated Trades | Contribution of the upper Trades of Harrel-Davis 97.5 Value at Risk, computed as the scenario level add-ons without changing the scenario order | [LEstimated](../../../calculations/lestimated) | | HD VaR 99 LEstimated Trades | Contribution of the upper Trades of Harrel-Davis 99 Value at Risk, computed as the scenario level add-ons without changing the scenario order | [LEstimated](../../../calculations/lestimated) |