Go to model four... it makes more sense.

看模型四更直观
What is this?

这是什么
This is basically everything

基本上这是在特定时间里
that we have in our books. At any given time.

我们账本里的全部内容了
But what Eric was trying to do

但艾瑞克试图
is to work this numbers for levels of volatility

用溢出标准风险价值模型的波动率
that fall outside of our standard VAR model.

来重估这些资产的价值
What are those levels?

多少的波动率
- Well it's a fairly complicated. - Simplify.

-这很复杂 -简单的说
The volatility levels are set using... historic patterns basically...

基本是在历史数据的波动率基础上
and then stretching those patterns out on a 10-15%... roughly.

再放大约10%-15%
Alright... so?

好吧然后呢