XLE: 60-day return history, mean=0.0007, std=0.0173.

Question:
Asset: XLE
Daily returns (past 60 days): mean=0.0007, std=0.0173, min=-0.0481, max=0.0314
Market regime: sideways
Recent filing/news:
[Kaggle 2023-01-19] ["US STOCKS-Wall Street set for lower open amid recession worries By Amruta Khandekar and Shreyashi Sanyal Jan 19 (Reuters) - U.S. stock indexes were set to open lower on Thursday as recession worries crept into the foreground of the earnings season, while shares of Procter & Gamble fell as it warned of cost pressures. A surprise fall in U.S. weekly jobless claims, suggested the labor market remained tight even in a high interest rate environment. Corporate America has been hit by a challenging economic environment, with Microsoft Corp MSFT.O announcing 10,000 job cuts on Wednesday. With the quarterly reporting season underway, analysts noted that earnings estimates could decline even further as risks of a potential recession increase. \"The earnings picture is also looking weak and pointing to a recession,\" said Sam Stovall, chief investment strategist at CFRA research. \"Expectations are that earnings will fall in the fourth quarter of 2022 as well as the first two quarters of 2023.\" Analysts now expect year-over-year earnings from S&P 500 companies to decline 2.8% for the fourth quarter, according to Refinitiv data, compared with a 1.6% decline in the beginning of the year. This comes after data on Wednesday showed retail sales, producer prices and production at U.S. factories fell more than expected in December, while November output was also weaker, adding to worries of a slowdown in the economy. Leading Dow components were lower in premarket trading. Procter & Gamble Co PG.N fell 2.5% after warning of commodity costs pressuring profits, despite raising its full-year sales forecast. The S&P 500 .SPX and the Dow .DJI logged their biggest daily percentage declines in over a month in the previous session, with comments from Federal Reserve officials that highlighted the disparity between the central bank's estimate of its terminal rate and market expectations. St. Louis Fed President James Bullard and Cleveland Fed President Loretta Mester stressed on the need to raise rates beyond 5% to bring inflation to heel, while money markets see the rate peaking at 4.85% by June, with a 25-basis point rate hike baked in for February. FEDWATCH At 8:58 a.m. ET, Dow e-minis 1YMcv1 were down 245 points, or 0.73%, S&P 500 e-minis EScv1 were down 27.75 points, or 0.70%, and Nasdaq 100 e-minis NQcv1 were down 85.5 points, or 0.75%. Netflix Inc NFLX.O is expected to report its slowest quarterly revenue growth after markets close on Thursday. The company's shares fell 0.9%. Tesla Inc TSLA.O fell 1.8%, leading declines among its growth peers Apple Inc AAPL.O, Amazon.com Inc AMZN.O and Microsoft Corp MSFT.O, whose shares were down between 0.7% and 1.4%. Piper Sandler cut the target price on electric-vehicle maker Tesla's stock to $300 from $340. (Reporting by Shubham Batra in Bengaluru; Editing by Shounak Dasgupta) ((Shubham.Batra@thomsonreuters.com)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect t

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for XLE. Express as a decimal (e.g., -0.02).

Answer: -0.0279

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0279 (i.e., on a bad day with 5% probability, the loss exceeds 2.79%). CVaR(95%) = -0.0380.


DBC: 60-day return history, mean=0.0005, std=0.0081.

Question:
Asset: DBC
Daily returns (past 60 days): mean=0.0005, std=0.0081, min=-0.0280, max=0.0264
Market regime: sideways

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for DBC. Express as a decimal (e.g., -0.02).

Answer: -0.0108

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0108 (i.e., on a bad day with 5% probability, the loss exceeds 1.08%). CVaR(95%) = -0.0183.


IWM: 60-day return history, mean=-0.0007, std=0.0138.

Question:
Asset: IWM
Daily returns (past 60 days): mean=-0.0007, std=0.0138, min=-0.0300, max=0.0240
Market regime: sideways
Recent filing/news:
[Kaggle 2023-04-13] ["Canaccord Genuity Maintains Apple (AAPL) Buy Recommendation Fintel reports that on April 13, 2023, Canaccord Genuity maintained coverage of Apple (NASDAQ:AAPL) with a Buy recommendation. Analyst Price Forecast Suggests 8.49% Upside As of April 6, 2023, the average one-year price target for Apple is $173.69. The forecasts range from a low of $119.18 to a high of $215.25. The average price target represents an increase of 8.49% from its latest reported closing price of $160.10. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Apple is $413,641MM, an increase of 6.74%. The projected annual non-GAAP EPS is $6.36. For more in-depth coverage of Apple, view the free, crowd-sourced company research report on Finpedia. What are Other Shareholders Doing? Iyo Bank holds 67K shares representing 0.00% ownership of the company. No change in the last quarter. Keb Asset Management holds 9K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 10K shares, representing a decrease of 5.83%. The firm decreased its portfolio allocation in AAPL by 99.93% over the last quarter. NSFBX - Natixis Sustainable Future 2015 Fund Class N holds 0K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 0K shares, representing an increase of 11.96%. The firm decreased its portfolio allocation in AAPL by 13.12% over the last quarter. Saxon Interests holds 35K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 36K shares, representing a decrease of 1.41%. The firm increased its portfolio allocation in AAPL by 23.77% over the last quarter. Bank Julius Baer & Co. Ltd, Zurich holds 3,989K shares representing 0.03% ownership of the company. In it's prior filing, the firm reported owning 3,932K shares, representing an increase of 1.43%. The firm decreased its portfolio allocation in AAPL by 99.91% over the last quarter. What is the Fund Sentiment? There are 6408 funds or institutions reporting positions in Apple. This is an increase of 203 owner(s) or 3.27% in the last quarter. Average portfolio weight of all funds dedicated to AAPL is 2.31%, a decrease of 40.18%. Total shares owned by institutions increased in the last three months by 0.35% to 10,154,214K shares. The put/call ratio of AAPL is 1.01, indicating a bearish outlook. Apple Background Information (This description is provided by the company.) Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. It is considered one of the Big Five companies in the U.S. information technology industry, along with Amazon, Google, Microsoft, and Facebook. Its hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, the Apple Watch smartwatc

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for IWM. Express as a decimal (e.g., -0.02).

Answer: -0.0282

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0282 (i.e., on a bad day with 5% probability, the loss exceeds 2.82%). CVaR(95%) = -0.0293.


SOL-USD: 60-day return history, mean=-0.0075, std=0.0760.

Question:
Asset: SOL-USD
Daily returns (past 60 days): mean=-0.0075, std=0.0760, min=-0.2453, max=0.2683
Market regime: sideways
Recent filing/news:
[Kaggle 2023-01-05]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for SOL-USD. Express as a decimal (e.g., -0.02).

Answer: -0.1202

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.1202 (i.e., on a bad day with 5% probability, the loss exceeds 12.02%). CVaR(95%) = -0.1848.


EEM: 60-day return history, mean=-0.0013, std=0.0101.

Question:
Asset: EEM
Daily returns (past 60 days): mean=-0.0013, std=0.0101, min=-0.0250, max=0.0219
Market regime: sideways
Recent filing/news:
[SEC 10-Q WMT 2024-12-06] wmt-20241031 0000104169 1/31 2025 Q3 false 451 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure iso4217:JPY wmt:state wmt:county wmt:defendant wmt:case wmt:classAction wmt:securitiesClassAction wmt:shareholder wmt:derivativeAction wmt:pharmacist wmt:segment 0000104169 2024-02-01 2024-10-31 0000104169 wmt:CommonStockparvalue0.10pershareMember 2024-02-01 2024-10-31 0000104169 wmt:A2.550NotesDue2026Member 2024-02-01 2024-10-31 0000104169 wmt:A1050NotesDue2026Member 2024-02-01 2024-10-31 0000104169 wmt:A1500NotesDue2028Member 2024-02-01 2024-10-31 0000104169 wmt:A4875NotesDue2029Member 2024-02-01 2024-10-31 0000104169 wmt:A5750NotesDue2030Member 2024-02-01 2024-10-31 0000104169 wmt:A1800NotesDue2031Member 2024-02-01 2024-10-31 0000104169 wmt:A5625NotesDue2034Member 2024-02-01 2024-10-31 0000104169 wmt:A5250NotesDue2035Member 2024-02-01 2024-10-31 0000104169 wmt:A4875NotesDue2039Member 2024-02-01 2024-10-31 0000104169 2024-12-04 0000104169 2024-08-01 2024-10-31 0000104169 2023-08-01 2023-10-31 0000104169 2023-02-01 2023-10-31 0000104169 2024-10-31 0000104169 2024-01-31 0000104169 2023-10-31 0000104169 us-gaap:CommonStockMember 2024-01-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2024-01-31 0000104169 us-gaap:RetainedEarningsMember 2024-01-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-31 0000104169 us-gaap:ParentMember 2024-01-31 0000104169 us-gaap:NoncontrollingInterestMember 2024-01-31 0000104169 us-gaap:RetainedEarningsMember 2024-02-01 2024-04-30 0000104169 us-gaap:ParentMember 2024-02-01 2024-04-30 0000104169 us-gaap:NoncontrollingInterestMember 2024-02-01 2024-04-30 0000104169 2024-02-01 2024-04-30 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-02-01 2024-04-30 0000104169 us-gaap:CommonStockMember 2024-02-01 2024-04-30 0000104169 us-gaap:AdditionalPaidInCapitalMember 2024-02-01 2024-04-30 0000104169 us-gaap:CommonStockMember 2024-04-30 0000104169 us-gaap:AdditionalPaidInCapitalMember 2024-04-30 0000104169 us-gaap:RetainedEarningsMember 2024-04-30 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-30 0000104169 us-gaap:ParentMember 2024-04-30 0000104169 us-gaap:NoncontrollingInterestMember 2024-04-30 0000104169 2024-04-30 0000104169 us-gaap:RetainedEarningsMember 2024-05-01 2024-07-31 0000104169 us-gaap:ParentMember 2024-05-01 2024-07-31 0000104169 us-gaap:NoncontrollingInterestMember 2024-05-01 2024-07-31 0000104169 2024-05-01 2024-07-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-05-01 2024-07-31 0000104169 us-gaap:CommonStockMember 2024-05-01 2024-07-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2024-05-01 2024-07-31 0000104169 us-gaap:CommonStockMember 2024-07-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2024-07-31 0000104169 us-gaap:RetainedEarningsMember 2024-07-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-07-31 0000104169 us-gaap:ParentMember 2024-07-31 0000104169 us-gaap:NoncontrollingInterestMember 2024-07-31 0000104169 2024-07-31 0000104169 us-gaap:RetainedEarningsMember 2024-08-01 2024-10-31 0000104169 us-gaap:ParentMember 2024-08-01 2024-10-31 0000104169 us-gaap:NoncontrollingInterestMember 2024-08-01 2024-10-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-08-01 2024-10-31 0000104169 us-gaap:CommonStockMember 2024-08-01 2024-10-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2024-08-01 2024-10-31 0000104169 us-gaap:CommonStockMember 2024-10-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2024-10-31 0000104169 us-gaap:RetainedEarningsMember 2024-10-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-10-31 0000104169 us-gaap:ParentMember 2024-10-31 0000104169 us-gaap:NoncontrollingInterestMember 2024-10-31 0000104169 us-gaap:CommonStockMember 2023-01-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-01-31 0000104169 us-gaap:RetainedEarningsMember 2023-01-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-31 0000104169 us-gaap:ParentMember 2023-01-31 0000104169 us-gaap:NoncontrollingInterestMember 2023-01-31 0000104169 2023-01-31 0000104169 us-gaap:RetainedEarningsMember 2023-02-01 2023-04-30 0000104169 us-gaap:ParentMember 2023-02-01 2023-04-30 0000104169 us-gaap:NoncontrollingInterestMember 2023-02-01 2023-04-30 0000104169 2023-02-01 2023-04-30 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-02-01 2023-04-30 0000104169 us-gaap:CommonStockMember 2023-02-01 2023-04-30 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-02-01 2023-04-30 0000104169 us-gaap:CommonStockMember 2023-04-30 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-04-30 0000104169 us-gaap:RetainedEarningsMember 2023-04-30 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-30 0000104169 us-gaap:ParentMember 2023-04-30 0000104169 us-gaap:NoncontrollingInterestMember 2023-04-30 0000104169 2023-04-30 0000104169 us-gaap:RetainedEarningsMember 2023-05-01 2023-07-31 0000104169 us-gaap:ParentMember 2023-05-01 2023-07-31 0000104169 us-gaap:NoncontrollingInterestMember 2023-05-01 2023-07-31 0000104169 2023-05-01 2023-07-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-05-01 2023-07-31 0000104169 us-gaap:CommonStockMember 2023-05-01 2023-07-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-05-01 2023-07-31 0000104169 us-gaap:CommonStockMember 2023-07-31 0000104169 us-gaap:AdditionalPaidInCapitalMember 2023-07-31 0000104169 us-gaap:RetainedEarningsMember 2023-07-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-07-31 0000104169 us-gaap:ParentMember 2023-07-31 0000104169 us-gaap:NoncontrollingInterestMember 2023-07-31 0000104169 2023-07-31 0000104169 us-gaap:RetainedEarningsMember 2023-08-01 2023-10-31 0000104169 us-gaap:ParentMember 2023-08-01 2023-10-31 0000104169 us-gaap:NoncontrollingInterestMember 2023-08-01 2023-10-31 0000104169 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-08-01 2023-10-31 0000104169 us-gaap:Com [...TRUNCATED...] assumptions not being realized or other factors, the actual results relating to the subject matter of any forward-looking statement in this Quarterly Report on Form 10-Q may differ materially from the anticipated results expressed or implied in that forward-looking statement. The forward-looking statements included in this Quarterly Report on Form 10-Q are made only as of the date of this report, and Walmart undertakes no obligation to update any such statements to reflect subsequent events or circumstances. 35 Table of Contents Item 6. Exhibits The following documents are filed as an exhibit to this Quarterly Report on Form 10-Q: Exhibit 3.1(a) Restated Certificate of Incorporation of the Company dated February 1, 2018 is incorporated herein by reference to Exhibit 3.1 to the Report on Form 8-K filed by the Company on February 1, 2018 Exhibit 3.1(b) Certificate of Amendment to the Restated Certificate of Incorporation of the Company, effective February 23, 2024 is incorporated herein by reference to Exhibit 3.1 to the Report on Form 8-K filed by the Company on February 23, 2024 Exhibit 3.2 Amended and Restated Bylaws of the Company dated November 10, 2022 are incorporated herein by reference to Exhibit 3.1 to the Report on Form 8-K filed by the Company on November 16, 2022 Exhibit 31.1* Chief Executive Officer Section 302 Certification Exhibit 31.2* Chief Financial Officer Section 302 Certification Exhibit 32.1** Chief Executive Officer Section 906 Certification Exhibit 32.2** Chief Financial Officer Section 906 Certification Exhibit 99.1* Opioids-Related Litigation Case Citations and Currently Scheduled Trial Dates Exhibit 101.INS* Inline XBRL Instance Document Exhibit 101.SCH* Inline XBRL Taxonomy Extension Schema Document Exhibit 101.CAL* Inline XBRL Taxonomy Extension Calculation Linkbase Document Exhibit 101.DEF* Inline XBRL Taxonomy Extension Definition Linkbase Document Exhibit 101.LAB* Inline XBRL Taxonomy Extension Label Linkbase Document Exhibit 101.PRE* Inline XBRL Taxonomy Extension Presentation Linkbase Document Exhibit 104 The cover page from the Company's Quarterly Report on Form 10-Q for the quarter ended October 31, 2024, formatted in Inline XBRL (included in Exhibit 101) * Filed herewith as an Exhibit. ** Furnished herewith as an Exhibit. 36 Table of Contents SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.   WALMART INC. Date: December 6, 2024 By: /s/ C. Douglas McMillon C. Douglas McMillon President and Chief Executive Officer (Principal Executive Officer) Date: December 6, 2024 By: /s/ John David Rainey John David Rainey Executive Vice President and Chief Financial Officer (Principal Financial Officer) Date: December 6, 2024 By: /s/ David M. Chojnowski David M. Chojnowski Senior Vice President and Controller (Principal Accounting Officer) 37

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for EEM. Express as a decimal (e.g., -0.02).

Answer: -0.0216

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0216 (i.e., on a bad day with 5% probability, the loss exceeds 2.16%). CVaR(95%) = -0.0245.


ADA-USD: 60-day return history, mean=-0.0014, std=0.0273.

Question:
Asset: ADA-USD
Daily returns (past 60 days): mean=-0.0014, std=0.0273, min=-0.0506, max=0.0792
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-19]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for ADA-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0369

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0369 (i.e., on a bad day with 5% probability, the loss exceeds 3.69%). CVaR(95%) = -0.0436.


STIP: 60-day return history, mean=0.0003, std=0.0010.

Question:
Asset: STIP
Daily returns (past 60 days): mean=0.0003, std=0.0010, min=-0.0029, max=0.0024
Market regime: sideways

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for STIP. Express as a decimal (e.g., -0.02).

Answer: -0.0010

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0010 (i.e., on a bad day with 5% probability, the loss exceeds 0.10%). CVaR(95%) = -0.0017.


BNB-USD: 60-day return history, mean=0.0044, std=0.0276.

Question:
Asset: BNB-USD
Daily returns (past 60 days): mean=0.0044, std=0.0276, min=-0.0405, max=0.1146
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-19]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for BNB-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0306

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0306 (i.e., on a bad day with 5% probability, the loss exceeds 3.06%). CVaR(95%) = -0.0379.


ADA-USD: 60-day return history, mean=0.0002, std=0.0283.

Question:
Asset: ADA-USD
Daily returns (past 60 days): mean=0.0002, std=0.0283, min=-0.0613, max=0.0660
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-19]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for ADA-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0471

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0471 (i.e., on a bad day with 5% probability, the loss exceeds 4.71%). CVaR(95%) = -0.0563.


MATIC-USD: 60-day return history, mean=-0.0046, std=0.0352.

Question:
Asset: MATIC-USD
Daily returns (past 60 days): mean=-0.0046, std=0.0352, min=-0.0851, max=0.0871
Market regime: sideways
Recent filing/news:
[Kaggle 2023-04-24]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for MATIC-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0658

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0658 (i.e., on a bad day with 5% probability, the loss exceeds 6.58%). CVaR(95%) = -0.0769.


XLY: 60-day return history, mean=0.0018, std=0.0117.

Question:
Asset: XLY
Daily returns (past 60 days): mean=0.0018, std=0.0117, min=-0.0259, max=0.0331
Market regime: sideways
Recent filing/news:
[Kaggle 2024-01-09] ["Is iShares Semiconductor ETF (SOXX) a Strong ETF Right Now? The iShares Semiconductor ETF (SOXX) was launched on 07/10/2001, and is a smart beta exchange traded fund designed to offer broad exposure to the Technology ETFs category of the market. What Are Smart Beta ETFs? The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment. Market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns, and are a good option for investors who believe in market efficiency. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta. Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance. The smart beta space gives investors many different choices, from equal-weighting, one of the simplest strategies, to more complicated ones like fundamental and volatility/momentum based weighting. However, not all of these methodologies have been able to deliver remarkable returns. Fund Sponsor & Index The fund is managed by Blackrock, and has been able to amass over $9.93 billion, which makes it one of the largest ETFs in the Technology ETFs. SOXX, before fees and expenses, seeks to match the performance of the PHLX SOX Semiconductor Sector Index. The ICE Semiconductor Index measures the performance of U.S. traded securities of companies engaged in the semiconductor business. Cost & Other Expenses Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same. Operating expenses on an annual basis are 0.35% for SOXX, making it one of the least expensive products in the space. It's 12-month trailing dividend yield comes in at 0.81%. Sector Exposure and Top Holdings Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. Representing 100% of the portfolio, the fund has heaviest allocation to the Information Technology sector. Taking into account individual holdings, Advanced Micro Devices Inc (AMD) accounts for about 9.48% of the fund's total assets, followed by Broadcom Inc (AVGO) and Intel Corporation Corp (INTC). SOXX's top 10 holdings account for about 59.63% of its total assets under management. Performance and Risk So far this year, SOXX has lost about -2.88%, and was up about 55.09% in the last one year (as of 01/09/2024). During this past 52-week period, the fund has traded between $373.83 and $581.45. The ETF has a beta of 1.37 and standard deviation of 34.63% for the trailin

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for XLY. Express as a decimal (e.g., -0.02).

Answer: -0.0204

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0204 (i.e., on a bad day with 5% probability, the loss exceeds 2.04%). CVaR(95%) = -0.0233.


ETH-USD: 60-day return history, mean=0.0010, std=0.0206.

Question:
Asset: ETH-USD
Daily returns (past 60 days): mean=0.0010, std=0.0206, min=-0.0509, max=0.0552
Market regime: sideways
Recent filing/news:
[Kaggle 2023-07-10]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for ETH-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0331

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0331 (i.e., on a bad day with 5% probability, the loss exceeds 3.31%). CVaR(95%) = -0.0468.


BNB-USD: 60-day return history, mean=0.0020, std=0.0231.

Question:
Asset: BNB-USD
Daily returns (past 60 days): mean=0.0020, std=0.0231, min=-0.1070, max=0.0487
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-04]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for BNB-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0275

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0275 (i.e., on a bad day with 5% probability, the loss exceeds 2.75%). CVaR(95%) = -0.0609.


PPLT: 60-day return history, mean=-0.0003, std=0.0151.

Question:
Asset: PPLT
Daily returns (past 60 days): mean=-0.0003, std=0.0151, min=-0.0337, max=0.0322
Market regime: bull

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for PPLT. Express as a decimal (e.g., -0.02).

Answer: -0.0224

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0224 (i.e., on a bad day with 5% probability, the loss exceeds 2.24%). CVaR(95%) = -0.0288.


ADA-USD: 60-day return history, mean=-0.0013, std=0.0369.

Question:
Asset: ADA-USD
Daily returns (past 60 days): mean=-0.0013, std=0.0369, min=-0.0807, max=0.2212
Market regime: sideways
Recent filing/news:
[Kaggle 2023-09-07]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for ADA-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0374

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0374 (i.e., on a bad day with 5% probability, the loss exceeds 3.74%). CVaR(95%) = -0.0623.


ETH-USD: 60-day return history, mean=0.0048, std=0.0319.

Question:
Asset: ETH-USD
Daily returns (past 60 days): mean=0.0048, std=0.0319, min=-0.0592, max=0.1245
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-19]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for ETH-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0419

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0419 (i.e., on a bad day with 5% probability, the loss exceeds 4.19%). CVaR(95%) = -0.0516.


JNK: 60-day return history, mean=0.0006, std=0.0025.

Question:
Asset: JNK
Daily returns (past 60 days): mean=0.0006, std=0.0025, min=-0.0040, max=0.0055
Market regime: sideways

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for JNK. Express as a decimal (e.g., -0.02).

Answer: -0.0036

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0036 (i.e., on a bad day with 5% probability, the loss exceeds 0.36%). CVaR(95%) = -0.0038.


SOL-USD: 60-day return history, mean=0.0211, std=0.0628.

Question:
Asset: SOL-USD
Daily returns (past 60 days): mean=0.0211, std=0.0628, min=-0.1169, max=0.2464
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-12]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for SOL-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0758

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0758 (i.e., on a bad day with 5% probability, the loss exceeds 7.58%). CVaR(95%) = -0.0921.


IWM: 60-day return history, mean=0.0022, std=0.0110.

Question:
Asset: IWM
Daily returns (past 60 days): mean=0.0022, std=0.0110, min=-0.0177, max=0.0349
Market regime: bull
Recent filing/news:
[SEC 10-Q NVDA 2024-11-20] nvda-20241027 0001045810 1/26 2025 Q3 FALSE http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent 0 550 456 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure nvda:segment 0001045810 2024-01-29 2024-10-27 0001045810 2024-11-15 0001045810 2024-07-29 2024-10-27 0001045810 2023-07-31 2023-10-29 0001045810 2023-01-30 2023-10-29 0001045810 2024-10-27 0001045810 2024-01-28 0001045810 us-gaap:CommonStockMember 2024-07-28 0001045810 us-gaap:AdditionalPaidInCapitalMember 2024-07-28 0001045810 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-07-28 0001045810 us-gaap:RetainedEarningsMember 2024-07-28 0001045810 2024-07-28 0001045810 us-gaap:RetainedEarningsMember 2024-07-29 2024-10-27 0001045810 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-07-29 2024-10-27 0001045810 us-gaap:CommonStockMember 2024-07-29 2024-10-27 0001045810 us-gaap:AdditionalPaidInCapitalMember 2024-07-29 2024-10-27 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Puri , Executive Vice President , Worldwide Field Operations, adopted a Rule 10b5-1 Trading Arrangement for the sale of up to 204,890 shares of our common stock through December 30, 2025 . 40 Item 6. Exhibits Exhibit No.  Exhibit Description 10.1+* Amended and Restated 2007 Equity Incentive Plan – Global Restricted Stock Unit Grant Notice and Global Restricted Stock Unit Agreement (2024) 31.1* Certification of Chief Executive Officer as required by Rule 13a-14(a) of the Securities Exchange Act of 1934 31.2* Certification of Chief Financial Officer as required by Rule 13a-14(a) of the Securities Exchange Act of 1934 32.1#* Certification of Chief Executive Officer as required by Rule 13a-14(b) of the Securities Exchange Act of 1934 32.2#* Certification of Chief Financial Officer as required by Rule 13a-14(b) of the Securities Exchange Act of 1934 101.INS* Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. 101.SCH* Inline XBRL Taxonomy Extension Schema Document 101.CAL* Inline XBRL Taxonomy Extension Calculation Linkbase Document 101.DEF* Inline XBRL Taxonomy Extension Definition Linkbase Document 101.LAB* Inline XBRL Taxonomy Extension Labels Linkbase Document 101.PRE* Inline XBRL Taxonomy Extension Presentation Linkbase Document 104 Cover Page Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. + Management contract or compensatory plan or arrangement. * Filed herewith. # In accordance with Item 601(b)(32)(ii) of Regulation S-K and SEC Release Nos. 33-8238 and 34-47986, Final Rule: Management's Reports on Internal Control Over Financial Reporting and Certification of Disclosure in Exchange Act Periodic Reports, the certifications furnished in Exhibits 32.1 and 32.2 hereto are deemed to accompany this Quarterly Report on Form 10-Q and will not be deemed “filed” for purpose of Section 18 of the Exchange Act. Such certifications will not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act, except to the extent that the registrant specifically incorporates it by reference. Copies of above exhibits not contained herein are available to any shareholder upon written request to: Investor Relations: NVIDIA Corporation, 2788 San Tomas Expressway, Santa Clara, CA 95051. 41 Signature Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: November 20, 2024   NVIDIA Corporation  By:    /s/ Colette M. Kress   Colette M. Kress   Executive Vice President and Chief Financial Officer (Duly Authorized Officer and Principal Financial Officer) 42

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for IWM. Express as a decimal (e.g., -0.02).

Answer: -0.0151

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0151 (i.e., on a bad day with 5% probability, the loss exceeds 1.51%). CVaR(95%) = -0.0168.


XRP-USD: 60-day return history, mean=0.0046, std=0.0508.

Question:
Asset: XRP-USD
Daily returns (past 60 days): mean=0.0046, std=0.0508, min=-0.1180, max=0.3257
Market regime: sideways
Recent filing/news:
[Kaggle 2023-07-17]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for XRP-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0480

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0480 (i.e., on a bad day with 5% probability, the loss exceeds 4.80%). CVaR(95%) = -0.0833.


BTC-USD: 60-day return history, mean=0.0020, std=0.0212.

Question:
Asset: BTC-USD
Daily returns (past 60 days): mean=0.0020, std=0.0212, min=-0.0501, max=0.0600
Market regime: sideways
Recent filing/news:
[Kaggle 2023-07-20]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for BTC-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0327

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0327 (i.e., on a bad day with 5% probability, the loss exceeds 3.27%). CVaR(95%) = -0.0397.


MTUM: 60-day return history, mean=0.0007, std=0.0075.

Question:
Asset: MTUM
Daily returns (past 60 days): mean=0.0007, std=0.0075, min=-0.0167, max=0.0149
Market regime: sideways
Recent filing/news:
[Kaggle 2023-08-21] ["Tesla shares gain as Baird Equity adds stock to 'best ideas' list Aug 21 (Reuters) - Electric-vehicle maker Tesla's TSLA.O shares rose 4.5% on Monday, snapping a six-session losing streak, after brokerage Baird Equity Research added the stock to its \"best ideas\" list. The brokerage said price cuts and their impact on margins will drive the narrative in the second half of the year but other potential catalysts for the stock include the launch of Cybertruck, wider adoption of Full Self-Driving and expansion into new markets. Tesla's shares have risen about 85% so far this year on the back of growing sales despite a margin squeeze and hopes of wider adoption of its autonomous driving software. Bearish investors will point to lower production, said Baird, but added Tesla was still on pace to achieve its production forecast of 1.8 million vehicles this year. Tesla sparked a price war earlier this year and last week slashed prices of three models in China. It also launched a cheaper version of the Model S sedan and Model X SUV on Aug. 14 as it looks to stoke demand and grab a larger share of the market. The world's most valuable automaker's shares have a forward price-to-earnings multiple, a widely used benchmark to value stocks, of 50.15, compared to 26.58 for Apple AAPL.O and 6.14 for Ford Motor F.N, making it pricier. The brokerage also said sentiment for electric pickup truck maker Rivian Automotive's RIVN.O stock was improving, adding that cost improvements have begun to materialize as it brings production of key components in-house. (Reporting by Akash Sriram and Jaspreet Singh in Bengaluru; Editing by Krishna Chandra Eluri) ((Akash.Sriram@thomsonreuters.com; @HoodieOnVeshti on Twitter; +91-74116-87774;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.", "Apple and Spotify: 2 AI Stock Plays in Music Streaming The artificial intelligence (AI) revolution is underway, and it's already made a lot of money for investors who recognized its potential early in the game. With shares of AI frontrunners like Nvidia (NVDA) doubling up many times over in a matter of months, it's not hard to see why so many investors want to stay in the tech scene, despite the potential for further interest rate increases. With so many technology companies committed to investing in their AI capabilities, investors shouldn't narrow their focus on the few AI winners that have been leading the pack in recent quarters. Arguably, investors should at least be equal-weight in the mega-cap tech heroes of the so-called \u201cMagnificent Seven\u201d to benefit from the continued rise of AI. At the same time, investors should also seek value in areas of the market where the long-term benefits of incorporating AI tech aren't yet fully recognized. Indeed, Nvidia stands out as one of the AI plays of the present. After such a historic ascent, though, I'm starting to think the opportunity over at Nvidia

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for MTUM. Express as a decimal (e.g., -0.02).

Answer: -0.0100

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0100 (i.e., on a bad day with 5% probability, the loss exceeds 1.00%). CVaR(95%) = -0.0134.


QQQ: 60-day return history, mean=-0.0010, std=0.0106.

Question:
Asset: QQQ
Daily returns (past 60 days): mean=-0.0010, std=0.0106, min=-0.0222, max=0.0216
Market regime: sideways
Recent filing/news:
[Kaggle 2023-10-20] ["Earnings Preview of \"Magnificent Seven\": ETFs in Focus The \"Magnificent Seven\" typically refers to the 1960 Western film, but today\u2019s stock market investors recognize the term as the set of seven big tech stocks, namely Apple AAPL, Microsoft MSFT, Alphabet GOOGL, Amazon AMZN, Nvidia NVDA, Meta Platforms META and Tesla TSLA. With the third-quarter earnings season underway, investors\u2019 eyes will be glued to the \"Magnificent Seven\" earnings. While Tesla has already posted a weak Q3 earnings (missing estimates on both fronts), others are yet to report (read: Tesla Posts Weak Q3 Earnings: ETFs in Focus). Investors should note that according to our methodology, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 increases the chances of an earnings beat. You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. Earnings Whispers Microsoft is expected to report on Oct 24. The stock has an Earnings ESP of 0.00% and a Zacks Rank #3 (Hold). In the past 90 days, Microsoft\u2019s earnings for the September quarter rose by 8 cents to $2.65 per share. Alphabet is expected to report on Oct 24. The stock has an Earnings ESP of +0.89% and a Zacks Rank #3. In the past 90 days, Alphabet\u2019s earnings for the September quarter rose by 11 cents to $1.45 per share. Meta is expected to report on Oct 25. The stock has an Earnings ESP of +3.98% and a Zacks Rank #3. In the past 90 days, Meta\u2019s earnings for the September quarter surged from $2.99 to $3.57 per share. Amazon is expected to report on Oct 26. The stock has an Earnings ESP of 0.00% and a Zacks Rank #2 (Buy). In the past 90 days, Amazon\u2019s earnings for the September quarter surged from 39 cents to 58 cents per share. Apple is expected to report on Nov 2. The stock has an Earnings ESP of 0.00% and a Zacks Rank #3. In the past 90 days, Apple\u2019s earnings for the September quarter inched up by 2 cents $1.39 per share. Nvidia is expected to report on Nov 15. The stock has an Earnings ESP of +6.93% and a Zacks Rank #1 (Strong Buy). In the past 90 days, Nvidia\u2019s earnings for the October quarter jumped from $2.22 to $3.34 per share. Inside the Valuation of Magnificent Seven While the 'Magnificent Seven' hold industry-leading positions in areas such as Artificial Intelligence, cloud services, social networking, search engines, the metaverse, premium smartphones, and electric vehicles (which have enabled them to capture a hugeglobal marketshare), valuation remains equally important in influencing their stock performance in the near future. In this respect, Meta, Alphabet and Microsoft have a lower P/E than the concerned industry Computer Software-Services Market\u2019s P/E, Apple\u2019s P/E is almost in-line with the concerned industry Computer-Office Equipment Market\u2019s P/E. However, Amazon, Tesla and Nvidia are pricey. ETFs in Focus Since some of the stocks appear overvalued and some stocks have

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for QQQ. Express as a decimal (e.g., -0.02).

Answer: -0.0177

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0177 (i.e., on a bad day with 5% probability, the loss exceeds 1.77%). CVaR(95%) = -0.0208.


VLUE: 60-day return history, mean=-0.0001, std=0.0076.

Question:
Asset: VLUE
Daily returns (past 60 days): mean=-0.0001, std=0.0076, min=-0.0204, max=0.0173
Market regime: sideways
Recent filing/news:
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blk:InvestmentsRelatedToDeferredCashCompensationPlansMember 2023-12-31 0001364742 us-gaap:CollateralizedLo [...TRUNCATED...] hat the Board of Directors authorized the repurchase of an additional seven million shares under the Company’s existing share repurchase program, for a total of up to approximately 7.9 million shares of BlackRock common stock. 64   Item 6. Exh ibits Exhibit No.   Description       4.1(1)   Indenture, dated March 14, 2024, among BlackRock Funding, Inc., BlackRock, Inc. and The Bank of New York Mellon, as trustee.       4.2(1)   First Supplemental Indenture, dated March 14, 2024, among BlackRock Funding, Inc., BlackRock, Inc. and The Bank of New York Mellon, as trustee.       4.3(1)   Form of Note for the 4.700% Notes due 2029 (included in Exhibit 4.2).       4.4(1)   Form of Note for the 5.000% Notes due 2034 (included in Exhibit 4.2).       4.5(1)   Form of Note for the 5.250% Notes due 2054 (included in Exhibit 4.2).       10.1(2)   Amendment No. 14, dated as of March 12, 2024, by and among BlackRock, Inc., certain of its subsidiaries, Wells Fargo Bank, National Association, as administrative agent, a swingline lender, an issuing lender, L/C agent and a lender, and the banks and other financial institutions referred to therein.       22.1(3)   Subsidiary Issuer of Guaranteed Securities.       31.1   Section 302 Certification of Chief Executive Officer       31.2   Section 302 Certification of Chief Financial Officer       32.1   Section 906 Certification of Chief Executive Officer and Chief Financial Officer       101.INS   Inline XBRL Instance Document – the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document       101.SCH   Inline XBRL Taxonomy Extension Schema with Embedded Linkbases Document       104   Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)         (1) Incorporated by reference to BlackRock’s Current Report on Form 8-K filed on March 14, 2024. (2) Incorporated by reference to BlackRock's Current Report on Form 8-K filed on March 15, 2024. (3) Incorporated by reference to BlackRock's Registration Statement on Form S-3 (Registration No. 333-278583) filed on April 9, 2024. 65   SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.       BLACKROCK, INC.     (Registrant)             By: /s/ Martin S. Small Date: May 7, 2024        Martin S. Small          Senior Managing Director & Chief Financial Officer    (Principal Financial Officer)   66

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for VLUE. Express as a decimal (e.g., -0.02).

Answer: -0.0139

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0139 (i.e., on a bad day with 5% probability, the loss exceeds 1.39%). CVaR(95%) = -0.0187.


BNB-USD: 60-day return history, mean=0.0002, std=0.0295.

Question:
Asset: BNB-USD
Daily returns (past 60 days): mean=0.0002, std=0.0295, min=-0.0652, max=0.0909
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-19]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for BNB-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0449

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0449 (i.e., on a bad day with 5% probability, the loss exceeds 4.49%). CVaR(95%) = -0.0608.


ICSH: 60-day return history, mean=0.0001, std=0.0005.

Question:
Asset: ICSH
Daily returns (past 60 days): mean=0.0001, std=0.0005, min=-0.0010, max=0.0014
Market regime: sideways

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for ICSH. Express as a decimal (e.g., -0.02).

Answer: -0.0004

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0004 (i.e., on a bad day with 5% probability, the loss exceeds 0.04%). CVaR(95%) = -0.0010.


LINK-USD: 60-day return history, mean=-0.0008, std=0.0366.

Question:
Asset: LINK-USD
Daily returns (past 60 days): mean=-0.0008, std=0.0366, min=-0.0940, max=0.0825
Market regime: sideways
Recent filing/news:
[Kaggle 2023-04-23]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for LINK-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0606

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0606 (i.e., on a bad day with 5% probability, the loss exceeds 6.06%). CVaR(95%) = -0.0732.


BTC-USD: 60-day return history, mean=0.0032, std=0.0237.

Question:
Asset: BTC-USD
Daily returns (past 60 days): mean=0.0032, std=0.0237, min=-0.0758, max=0.0689
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-19]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for BTC-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0353

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0353 (i.e., on a bad day with 5% probability, the loss exceeds 3.53%). CVaR(95%) = -0.0573.


DOT-USD: 60-day return history, mean=-0.0005, std=0.0265.

Question:
Asset: DOT-USD
Daily returns (past 60 days): mean=-0.0005, std=0.0265, min=-0.0915, max=0.0558
Market regime: sideways
Recent filing/news:
[Kaggle 2023-07-02]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for DOT-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0424

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0424 (i.e., on a bad day with 5% probability, the loss exceeds 4.24%). CVaR(95%) = -0.0616.


BNB-USD: 60-day return history, mean=0.0018, std=0.0263.

Question:
Asset: BNB-USD
Daily returns (past 60 days): mean=0.0018, std=0.0263, min=-0.1047, max=0.0528
Market regime: sideways
Recent filing/news:
[Kaggle 2023-02-01]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for BNB-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0374

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0374 (i.e., on a bad day with 5% probability, the loss exceeds 3.74%). CVaR(95%) = -0.0631.


AVAX-USD: 60-day return history, mean=0.0081, std=0.0454.

Question:
Asset: AVAX-USD
Daily returns (past 60 days): mean=0.0081, std=0.0454, min=-0.0921, max=0.1654
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-19]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for AVAX-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0570

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0570 (i.e., on a bad day with 5% probability, the loss exceeds 5.70%). CVaR(95%) = -0.0814.


BTC-USD: 60-day return history, mean=0.0039, std=0.0291.

Question:
Asset: BTC-USD
Daily returns (past 60 days): mean=0.0039, std=0.0291, min=-0.0624, max=0.0939
Market regime: sideways
Recent filing/news:
[Kaggle 2023-03-12]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for BTC-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0397

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0397 (i.e., on a bad day with 5% probability, the loss exceeds 3.97%). CVaR(95%) = -0.0529.


XLRE: 60-day return history, mean=0.0029, std=0.0090.

Question:
Asset: XLRE
Daily returns (past 60 days): mean=0.0029, std=0.0090, min=-0.0293, max=0.0263
Market regime: sideways
Recent filing/news:
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srt:MinimumMember 2024-07-31 0000104169 srt:MaximumMember 2024-07-31 0000104169 us-gaap:AccumulatedTranslationAdjustmentMember 2024-01-31 0000104169 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2024-01-31 0000104169 us-gaap:AccumulatedTranslationAdjustmentMember 2024-02-01 2024-04-30 0000104169 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2024-02-01 2024-04-30 0000104169 us-gaap:AccumulatedTranslationAdjustmentMember 2024-04-30 0000104169 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2024-04-30 0000104169 us-gaap:AccumulatedTranslationAdjustmentMember 2024-05-01 2024-07-31 0000104169 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2024-05-01 2024-07-31 0000104169 us-gaap:AccumulatedTranslationAdjustmentMember 2024-07-31 0000104169 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2024-07-31 0000104169 us-gaap:AccumulatedTranslationAdjustmentMember 2023-01-31 0000104169 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2023-01-31 0000104169 us-gaap:AccumulatedTranslationAdjustmentMember 2023-02-01 2023-04-30 0000104169 us [...TRUNCATED...] acts, assumptions not being realized or other factors, the actual results relating to the subject matter of any forward-looking statement in this Quarterly Report on Form 10-Q may differ materially from the anticipated results expressed or implied in that forward-looking statement. The forward-looking statements included in this Quarterly Report on Form 10-Q are made only as of the date of this report, and Walmart undertakes no obligation to update any such statements to reflect subsequent events or circumstances. 34 Table of Contents Item 6. Exhibits The following documents are filed as an exhibit to this Quarterly Report on Form 10-Q: Exhibit 3.1(a) Restated Certificate of Incorporation of the Company dated February 1, 2018 is incorporated herein by reference to Exhibit 3.1 to the Report on Form 8-K filed by the Company on February 1, 2018 Exhibit 3.1(b) Certificate of Amendment to the Restated Certificate of Incorporation of the Company, effective February 23, 2024 is incorporated herein by reference to Exhibit 3.1 to the Report on Form 8-K filed by the Company on February 23, 2024 Exhibit 3.2 Amended and Restated Bylaws of the Company dated November 10, 2022 are incorporated herein by reference to Exhibit 3.1 to the Report on Form 8-K filed by the Company on November 16, 2022 Exhibit 31.1* Chief Executive Officer Section 302 Certification Exhibit 31.2* Chief Financial Officer Section 302 Certification Exhibit 32.1** Chief Executive Officer Section 906 Certification Exhibit 32.2** Chief Financial Officer Section 906 Certification Exhibit 99.1* Opioids-Related Litigation Case Citations and Currently Scheduled Trial Dates Exhibit 101.INS* Inline XBRL Instance Document Exhibit 101.SCH* Inline XBRL Taxonomy Extension Schema Document Exhibit 101.CAL* Inline XBRL Taxonomy Extension Calculation Linkbase Document Exhibit 101.DEF* Inline XBRL Taxonomy Extension Definition Linkbase Document Exhibit 101.LAB* Inline XBRL Taxonomy Extension Label Linkbase Document Exhibit 101.PRE* Inline XBRL Taxonomy Extension Presentation Linkbase Document Exhibit 104 The cover page from the Company's Quarterly Report on Form 10-Q for the quarter ended July 31, 2024, formatted in Inline XBRL (included in Exhibit 101) * Filed herewith as an Exhibit. ** Furnished herewith as an Exhibit. 35 Table of Contents SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.   WALMART INC. Date: August 30, 2024 By: /s/ C. Douglas McMillon C. Douglas McMillon President and Chief Executive Officer (Principal Executive Officer) Date: August 30, 2024 By: /s/ John David Rainey John David Rainey Executive Vice President and Chief Financial Officer (Principal Financial Officer) Date: August 30, 2024 By: /s/ David M. Chojnowski David M. Chojnowski Senior Vice President and Controller (Principal Accounting Officer) 36

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for XLRE. Express as a decimal (e.g., -0.02).

Answer: -0.0099

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0099 (i.e., on a bad day with 5% probability, the loss exceeds 0.99%). CVaR(95%) = -0.0191.


BNDX: 60-day return history, mean=-0.0003, std=0.0030.

Question:
Asset: BNDX
Daily returns (past 60 days): mean=-0.0003, std=0.0030, min=-0.0062, max=0.0070
Market regime: sideways

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for BNDX. Express as a decimal (e.g., -0.02).

Answer: -0.0052

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0052 (i.e., on a bad day with 5% probability, the loss exceeds 0.52%). CVaR(95%) = -0.0060.


XLY: 60-day return history, mean=-0.0004, std=0.0116.

Question:
Asset: XLY
Daily returns (past 60 days): mean=-0.0004, std=0.0116, min=-0.0347, max=0.0265
Market regime: sideways
Recent filing/news:
[Kaggle 2023-09-21] ["JP Morgan Reiterates Apple (AAPL) Overweight Recommendation Fintel reports that on September 21, 2023, JP Morgan reiterated coverage of Apple (NASDAQ:AAPL) with a Overweight recommendation. Analyst Price Forecast Suggests 16.64% Upside As of August 31, 2023, the average one-year price target for Apple is 204.70. The forecasts range from a low of 150.49 to a high of $252.00. The average price target represents an increase of 16.64% from its latest reported closing price of 175.49. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Apple is 413,641MM, an increase of 7.74%. The projected annual non-GAAP EPS is 6.36. For more in-depth coverage of Apple, view the free, crowd-sourced company research report on Finpedia. What is the Fund Sentiment? There are 6414 funds or institutions reporting positions in Apple. This is an increase of 26 owner(s) or 0.41% in the last quarter. Average portfolio weight of all funds dedicated to AAPL is 4.14%, an increase of 8.66%. Total shares owned by institutions increased in the last three months by 0.28% to 9,941,590K shares. The put/call ratio of AAPL is 0.91, indicating a bullish outlook. What are Other Shareholders Doing? Berkshire Hathaway holds 915,560K shares representing 5.86% ownership of the company. No change in the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 465,990K shares representing 2.98% ownership of the company. In it's prior filing, the firm reported owning 465,280K shares, representing an increase of 0.15%. The firm increased its portfolio allocation in AAPL by 8.69% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 352,024K shares representing 2.25% ownership of the company. In it's prior filing, the firm reported owning 347,041K shares, representing an increase of 1.42%. The firm increased its portfolio allocation in AAPL by 8.07% over the last quarter. Geode Capital Management holds 291,538K shares representing 1.86% ownership of the company. In it's prior filing, the firm reported owning 285,171K shares, representing an increase of 2.18%. The firm increased its portfolio allocation in AAPL by 8.78% over the last quarter. Price T Rowe Associates holds 226,651K shares representing 1.45% ownership of the company. In it's prior filing, the firm reported owning 234,017K shares, representing a decrease of 3.25%. The firm increased its portfolio allocation in AAPL by 139.25% over the last quarter. Apple Background Information (This description is provided by the company.) Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. It is considered one of the Big Five companies in the U.S. information technology industry, along with Amazon, Google, Microsoft, and Facebook. Its hardware products include the iPhone smartphone, the iPad tablet computer,

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for XLY. Express as a decimal (e.g., -0.02).

Answer: -0.0182

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0182 (i.e., on a bad day with 5% probability, the loss exceeds 1.82%). CVaR(95%) = -0.0274.


ETH-USD: 60-day return history, mean=0.0023, std=0.0383.

Question:
Asset: ETH-USD
Daily returns (past 60 days): mean=0.0023, std=0.0383, min=-0.1024, max=0.1127
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-19]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for ETH-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0654

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0654 (i.e., on a bad day with 5% probability, the loss exceeds 6.54%). CVaR(95%) = -0.0836.


SOL-USD: 60-day return history, mean=0.0056, std=0.0511.

Question:
Asset: SOL-USD
Daily returns (past 60 days): mean=0.0056, std=0.0511, min=-0.1325, max=0.1267
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-19]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for SOL-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0658

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0658 (i.e., on a bad day with 5% probability, the loss exceeds 6.58%). CVaR(95%) = -0.1118.


PDBC: 60-day return history, mean=-0.0004, std=0.0108.

Question:
Asset: PDBC
Daily returns (past 60 days): mean=-0.0004, std=0.0108, min=-0.0246, max=0.0226
Market regime: sideways

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for PDBC. Express as a decimal (e.g., -0.02).

Answer: -0.0156

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0156 (i.e., on a bad day with 5% probability, the loss exceeds 1.56%). CVaR(95%) = -0.0204.


XLF: 60-day return history, mean=-0.0017, std=0.0143.

Question:
Asset: XLF
Daily returns (past 60 days): mean=-0.0017, std=0.0143, min=-0.0372, max=0.0250
Market regime: sideways
Recent filing/news:
[Kaggle 2023-05-24] ["7 Stocks That Could Be the First $10 Trillion-Dollar Company InvestorPlace - Stock Market News, Stock Advice & Trading Tips Let\u2019s begin by understanding that most of the future $10 trillion companies are those that already have the highest valuations. Even the youngest among these companies have existed for 20 years. The point is that companies valued in the hundreds of billions and trillions take a long time to build: They, therefore, have the best chance of reaching the unthinkable $10 trillion mark first. To provide further context, no firm is currently valued at $5 trillion. Expectations are that the threshold will be reached in 2028. It seems that it could take decades for a company to reach a valuation twice that level. In truth, it could be a company that bursts onto the scene from relative obscurity. Some now-unknown AI companies could certainly fit the mold. But no one knows. MSFT Microsoft $313.85 GOOG GOOGL Alphabet $121.64 AAPL Apple $171.84 META Meta Platforms $249.21 NVDA Nvidia $305.38 AMZN Amazon $116.75 TSLA Tesla $182.90 Microsoft (MSFT) Source: Asif Islam / Shutterstock.com Microsoft (NASDAQ:MSFT) stock is the second highest-valued equity globally, at $2.35 trillion. It was actually worth $230 billion more at the height of the pandemic tech bubble before losing ground as rate hikes did their work. It\u2019s another one of the future $10 trillion companies. One thing that is noteworthy about Microsoft\u2019s market cap is just how rapidly it has grown of late. Just before the onset of the pandemic, the total value of all outstanding MSFT stock was approximately $1.3 trillion. So it has gained about $1 trillion in value since. That is primarily attributable to the fact that the pandemic put tech on steroids. Money was flowing into these companies at an extraordinary pace that no one could have anticipated. While the pandemic was a massive disaster, it was a boon for tech as everyone was forced inside. Companies like Microsoft were gifted accelerated sales and quantities of data that they couldn\u2019t have otherwise. That acceleration of everything explains how Microsoft has grown so quickly. And now it has AI setting it up for its next growth phase. Alphabet (GOOG,GOOGL) Source: IgorGolovniov / Shutterstock.com The story of Alphabet\u2019s (NASDAQ:GOOG,GOOGL) stock and its valuation follows a very similar arc to Microsoft\u2019s. The same overarching catalysts apply to Alphabet and the benefits are similar too. Both companies have become much stronger as a result of the pandemic. It\u2019s another one of the future $10 trillion companies. The difference is basically scale. Alphabet gained roughly $500 billion in value and is now valued near $1.6 trillion. The company has suffered in different ways over the past year. Mainly, Google has seen a massive slide as search revenues have declined on persistent economic fears. Companies are spending less on advertising. Yet it\u2019s very much worth noting that Google must have co

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for XLF. Express as a decimal (e.g., -0.02).

Answer: -0.0273

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0273 (i.e., on a bad day with 5% probability, the loss exceeds 2.73%). CVaR(95%) = -0.0357.


SGOV: 60-day return history, mean=0.0002, std=0.0001.

Question:
Asset: SGOV
Daily returns (past 60 days): mean=0.0002, std=0.0001, min=0.0000, max=0.0006
Market regime: sideways

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for SGOV. Express as a decimal (e.g., -0.02).

Answer: 0.0000

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = 0.0000 (i.e., on a bad day with 5% probability, the loss exceeds 0.00%). CVaR(95%) = 0.0000.


BIL: 60-day return history, mean=0.0002, std=0.0001.

Question:
Asset: BIL
Daily returns (past 60 days): mean=0.0002, std=0.0001, min=0.0000, max=0.0005
Market regime: sideways

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for BIL. Express as a decimal (e.g., -0.02).

Answer: 0.0000


FXI: 60-day return history, mean=0.0016, std=0.0148.

Question:
Asset: FXI
Daily returns (past 60 days): mean=0.0016, std=0.0148, min=-0.0354, max=0.0476
Market regime: sideways
Recent filing/news:
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blk:InvestmentsRelatedToDeferredCashCompensationPlansMember 2023-12-31 0001364742 us-gaap:CollateralizedLo [...TRUNCATED...] hat the Board of Directors authorized the repurchase of an additional seven million shares under the Company’s existing share repurchase program, for a total of up to approximately 7.9 million shares of BlackRock common stock. 64   Item 6. Exh ibits Exhibit No.   Description       4.1(1)   Indenture, dated March 14, 2024, among BlackRock Funding, Inc., BlackRock, Inc. and The Bank of New York Mellon, as trustee.       4.2(1)   First Supplemental Indenture, dated March 14, 2024, among BlackRock Funding, Inc., BlackRock, Inc. and The Bank of New York Mellon, as trustee.       4.3(1)   Form of Note for the 4.700% Notes due 2029 (included in Exhibit 4.2).       4.4(1)   Form of Note for the 5.000% Notes due 2034 (included in Exhibit 4.2).       4.5(1)   Form of Note for the 5.250% Notes due 2054 (included in Exhibit 4.2).       10.1(2)   Amendment No. 14, dated as of March 12, 2024, by and among BlackRock, Inc., certain of its subsidiaries, Wells Fargo Bank, National Association, as administrative agent, a swingline lender, an issuing lender, L/C agent and a lender, and the banks and other financial institutions referred to therein.       22.1(3)   Subsidiary Issuer of Guaranteed Securities.       31.1   Section 302 Certification of Chief Executive Officer       31.2   Section 302 Certification of Chief Financial Officer       32.1   Section 906 Certification of Chief Executive Officer and Chief Financial Officer       101.INS   Inline XBRL Instance Document – the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document       101.SCH   Inline XBRL Taxonomy Extension Schema with Embedded Linkbases Document       104   Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)         (1) Incorporated by reference to BlackRock’s Current Report on Form 8-K filed on March 14, 2024. (2) Incorporated by reference to BlackRock's Current Report on Form 8-K filed on March 15, 2024. (3) Incorporated by reference to BlackRock's Registration Statement on Form S-3 (Registration No. 333-278583) filed on April 9, 2024. 65   SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.       BLACKROCK, INC.     (Registrant)             By: /s/ Martin S. Small Date: May 7, 2024        Martin S. Small          Senior Managing Director & Chief Financial Officer    (Principal Financial Officer)   66

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for FXI. Express as a decimal (e.g., -0.02).

Answer: -0.0240

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0240 (i.e., on a bad day with 5% probability, the loss exceeds 2.40%). CVaR(95%) = -0.0284.


BTC-USD: 60-day return history, mean=-0.0004, std=0.0348.

Question:
Asset: BTC-USD
Daily returns (past 60 days): mean=-0.0004, std=0.0348, min=-0.0834, max=0.0969
Market regime: sideways
Recent filing/news:
[Kaggle 2023-12-19]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for BTC-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0590

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0590 (i.e., on a bad day with 5% probability, the loss exceeds 5.90%). CVaR(95%) = -0.0703.


IYR: 60-day return history, mean=-0.0010, std=0.0090.

Question:
Asset: IYR
Daily returns (past 60 days): mean=-0.0010, std=0.0090, min=-0.0339, max=0.0186
Market regime: sideways

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for IYR. Express as a decimal (e.g., -0.02).

Answer: -0.0120

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0120 (i.e., on a bad day with 5% probability, the loss exceeds 1.20%). CVaR(95%) = -0.0228.


BNB-USD: 60-day return history, mean=0.0011, std=0.0306.

Question:
Asset: BNB-USD
Daily returns (past 60 days): mean=0.0011, std=0.0306, min=-0.1047, max=0.1184
Market regime: sideways
Recent filing/news:
[Kaggle 2023-01-12]

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for BNB-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0383

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0383 (i.e., on a bad day with 5% probability, the loss exceeds 3.83%). CVaR(95%) = -0.0639.


STIP: 60-day return history, mean=0.0002, std=0.0014.

Question:
Asset: STIP
Daily returns (past 60 days): mean=0.0002, std=0.0014, min=-0.0039, max=0.0034
Market regime: bull

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for STIP. Express as a decimal (e.g., -0.02).

Answer: -0.0019

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0019 (i.e., on a bad day with 5% probability, the loss exceeds 0.19%). CVaR(95%) = -0.0028.


DBC: 60-day return history, mean=-0.0006, std=0.0117.

Question:
Asset: DBC
Daily returns (past 60 days): mean=-0.0006, std=0.0117, min=-0.0259, max=0.0225
Market regime: sideways

Using the historical simulation method, compute the 1-day VaR at 95% confidence level for DBC. Express as a decimal (e.g., -0.02).

Answer: -0.0192

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0192 (i.e., on a bad day with 5% probability, the loss exceeds 1.92%). CVaR(95%) = -0.0250.