XLI: 60-day return history, mean=-0.0003, std=0.0092.

Question:
Asset: XLI
Daily returns (past 60 days): mean=-0.0003, std=0.0092, min=-0.0287, max=0.0303
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 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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 XLI. Express as a decimal (e.g., -0.02).

Answer: -0.0122

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0122 (i.e., on a bad day with 5% probability, the loss exceeds 1.22%). CVaR(95%) = -0.0193.


BTC-USD: 60-day return history, mean=-0.0034, std=0.0222.

Question:
Asset: BTC-USD
Daily returns (past 60 days): mean=-0.0034, std=0.0222, min=-0.0532, max=0.0583
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: -0.0451

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0451 (i.e., on a bad day with 5% probability, the loss exceeds 4.51%). CVaR(95%) = -0.0508.


DOT-USD: 60-day return history, mean=-0.0048, std=0.0465.

Question:
Asset: DOT-USD
Daily returns (past 60 days): mean=-0.0048, std=0.0465, min=-0.1391, max=0.1146
Market regime: bear
Recent filing/news:
[Kaggle 2023-12-19]

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: -0.0853

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0853 (i.e., on a bad day with 5% probability, the loss exceeds 8.53%). CVaR(95%) = -0.1266.


ADA-USD: 60-day return history, mean=0.0005, std=0.0372.

Question:
Asset: ADA-USD
Daily returns (past 60 days): mean=0.0005, std=0.0372, min=-0.0847, max=0.0927
Market regime: bull
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: -0.0503

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0503 (i.e., on a bad day with 5% probability, the loss exceeds 5.03%). CVaR(95%) = -0.0770.


VTI: 60-day return history, mean=-0.0008, std=0.0104.

Question:
Asset: VTI
Daily returns (past 60 days): mean=-0.0008, std=0.0104, min=-0.0276, max=0.0212
Market regime: bear
Recent filing/news:
[Kaggle 2025-04-02] Rocket acquires Mr. Cooper, Musk’s xAI acquires X: Morning Buzz The major averages were mostly lower near noon, with the Dow up fractionally but the Nasdaq down nearly 250 points amid mounting concerns about President Donald Trump’s upcoming announcement of promised new tariffs. Meanwhile, the S&P 500’s early losses brought the index to its lowest level since September. Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks. Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. Looking to commodities, gold prices are sharply higher, continuing their rally to over $3,150, while oil prices are also up over 2.5%. Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1. STOCK NEWS: Rocket Companies (RKT) agreed to acquire Mr. Cooper (COOP) in a $9.4B all-stock transaction Elon Musk said that xAI has acquired X, formerly Twitter, in an all-stock transaction that values xAI at $80B Meanwhile, Tesla (TSLA) sales in Canada are under scrutiny, NY Times reports GlobalFoundries (GFS) is exploring the possibility of merger with United Microelectronics (UMC), Nikkei reports Southern States (SSBK) and FB Financial (FBK) have entered into a definitive merger agreement 2. WALL STREET CALLS: KLA Corp. (KLAC) upgraded at Morgan Stanley, here’s why RBC downgraded Sarepta (SRPT) citing a “less bullish” stance after doctor checks Truist upgraded Celsius Holdings (CELH) to Buy BMO Capital downgraded U.S. Steel (X) to Market Perform Stephens downgraded Comerica (CMA) to Equal Weight 3. AROUND THE WEB: Harley-Davidson (HOG) has said its products are afflicted by unfair trade policies and if the European Union implements a 50% retaliatory tariff on its motorcycles in April, prices could reach astounding heights in the company’s second-largest market by sales, WSJ reports Thames Water announced that it chose U.S. private equity company KKR (KKR) as its preferred partner to lead its recapitalization, WSJ says Costco (COST) created store brand Kirkland Signature three decades ago and it is now a linchpin the company’s success that accounts for roughly a third of its approximately $254.5B in annual revenue, WSJ reports France’s competition regulator fined Apple (AAPL) EUR 150M due to concerns the company abused its dominant position through the privacy measures it imposes on app developers on its iPhone and iPads, WSJ says After Micron (MU), the world’s third-largest DRAM manufacturer, recently announced a price increase, the other two major DRAM players Samsung (SSNLF) and SK Hynix (HXSCL) are also expected to raise prices, DigiTimes reports 4. MOVERS: Corcept Therapeutics (CORT) gains after announcing its ROSELLA trial met its primary endpoint Hut 8 (HUT) increases after launching American Bitcoin with Eric Trump Goodyear Tire (GT) higher after Deutsche Bank upgraded the stock to Buy Vaxcyte (PCVX) falls after reporting results from its Phase

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

Answer: -0.0187

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0187 (i.e., on a bad day with 5% probability, the loss exceeds 1.87%). CVaR(95%) = -0.0222.


SPY: 60-day return history, mean=0.0008, std=0.0077.

Question:
Asset: SPY
Daily returns (past 60 days): mean=0.0008, std=0.0077, min=-0.0274, max=0.0180
Market regime: sideways
Recent filing/news:
[SEC 10-K CAT 2025-02-14] cat-20241231 0000018230 FALSE 2024 FY 50 33.33 33.33 33.33 33.33 33.33 33.33 http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligationsCurrent http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligationsCurrent http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligations http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligations http://fasb.org/us-gaap/2024#AccountsPayableCurrent http://fasb.org/us-gaap/2024#AccountsPayableCurrent http://fasb.org/us-gaap/2024#AccountsPayableCurrent http://fasb.org/us-gaap/2024#AccountsPayableCurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#Revenues http://fasb.org/us-gaap/2024#Revenues 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cat:StockOptionsandShareAppreciationRightsSARsMember 2023-01-01 2023-12-31 0000018230 cat:StockOptionsandShareApprecia [...TRUNCATED...] ulation Linkbase Document 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document 101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document 104 Cover Page Interactive File (embedded within the Inline XBRL document and included in Exhibit 101) _________________________________________ *Management contracts and compensatory plans and arrangements required to be filed as exhibits pursuant to Item 15(b) of this report. The agreements and other documents filed as exhibits to this report are not intended to provide factual information or other disclosure other than with respect to the terms of the agreements or other documents themselves, and you should not rely on them for that purpose. In particular, any representations and warranties made by us in these agreements or other documents were made solely within the specific context of the relevant agreement or document and may not describe the actual state of affairs as of the date they were made or at any other time. Item 16.  Form 10-K Summary. None. 129 Table of Contents Form 10-K   SIGNATURES   Pursuant to the requirements of Section 13 or 15(d) 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.     CATERPILLAR INC.   Registrant     February 14, 2025 By: /s/ Derek Owens     Derek Owens Chief Legal Officer and General Counsel   Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.       Chairman of the Board  and Chief Executive Officer February 14, 2025 /s/ D. James Umpleby III   D. James Umpleby III       February 14, 2025 /s/ Andrew R.J. Bonfield Chief Financial Officer Andrew R.J. Bonfield     February 14, 2025 /s/ William E. Schaupp Vice President and Chief Accounting Officer   William E. Schaupp             February 14, 2025 /s/ Daniel M. Dickinson Director   Daniel M. Dickinson   February 14, 2025 /s/ James C. Fish, Jr. Director James C. Fish, Jr.       130 Table of Contents February 14, 2025 /s/ Gerald Johnson Director   Gerald Johnson   February 14, 2025 /s/ Nazzic S. Keene Director Nazzic S. Keene       February 14, 2025 /s/ David W. MacLennan Director   David W. MacLennan   February 14, 2025 /s/ Judith F. Marks Director Judith F. Marks February 14, 2025 /s/ Debra L. Reed-Klages Presiding Director Debra L. Reed-Klages       February 14, 2025 /s/ Susan C. Schwab Director   Susan C. Schwab             February 14, 2025 /s/ Rayford Wilkins, Jr. Director   Rayford Wilkins, Jr.   131

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

Answer: -0.0116

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0116 (i.e., on a bad day with 5% probability, the loss exceeds 1.16%). CVaR(95%) = -0.0190.


XLV: 60-day return history, mean=0.0018, std=0.0082.

Question:
Asset: XLV
Daily returns (past 60 days): mean=0.0018, std=0.0082, min=-0.0167, max=0.0244
Market regime: bull
Recent filing/news:
[SEC 10-K AAPL 2025-10-31] aapl-20250927 false 2025 FY 0000320193 P1Y P1Y P1Y P1Y http://fasb.org/us-gaap/2025#LongTermDebtNoncurrent http://fasb.org/us-gaap/2025#LongTermDebtNoncurrent http://fasb.org/us-gaap/2025#OtherAssetsNoncurrent http://fasb.org/us-gaap/2025#OtherAssetsNoncurrent http://fasb.org/us-gaap/2025#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2025#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2025#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2025#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2025#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2025#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2025#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2025#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2025#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2025#OtherLiabilitiesNoncurrent iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure aapl:Customer aapl:Vendor aapl:Subsidiary 0000320193 2024-09-29 2025-09-27 0000320193 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us-gaap:FairValueInputsLevel2Member 2024-09-28 0000320193 us-gaap:ForeignGovernmentDebtSecurities [...TRUNCATED...] overy Policy 10-K 97.1 9/28/24 Apple Inc. | 2025 Form 10-K | 56 Incorporated by Reference Exhibit Number Exhibit Description Form Exhibit Filing Date/ Period End Date 101** Inline XBRL Document Set for the consolidated financial statements and accompanying notes in Part II, Item 8, “Financial Statements and Supplementary Data” of this Annual Report on Form 10-K. 104** Inline XBRL for the cover page of this Annual Report on Form 10-K, included in the Exhibit 101 Inline XBRL Document Set. * Indicates management contract or compensatory plan or arrangement. ** Filed herewith. *** Furnished herewith. (1) Certain instruments defining the rights of holders of long-term debt securities of the Registrant are omitted pursuant to Item 601(b)(4)(iii) of Regulation S-K. The Registrant hereby undertakes to furnish to the SEC, upon request, copies of any such instruments. Item 16.    Form 10-K Summary None. Apple Inc. | 2025 Form 10-K | 57 SIGNATURES Pursuant to the requirements of Section 13 or 15(d) 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: October 31, 2025 Apple Inc. By: /s/ Kevan Parekh Kevan Parekh Senior Vice President, Chief Financial Officer Power of Attorney KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Timothy D. Cook and Kevan Parekh, jointly and severally, his or her attorneys-in-fact, each with the power of substitution, for him or her in any and all capacities, to sign any amendments to this Annual Report on Form 10-K, and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his substitute or substitutes, may do or cause to be done by virtue hereof. Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated: Name Title Date /s/ Timothy D. Cook Chief Executive Officer and Director (Principal Executive Officer) October 31, 2025 TIMOTHY D. COOK /s/ Kevan Parekh Senior Vice President, Chief Financial Officer (Principal Financial Officer) October 31, 2025 KEVAN PAREKH /s/ Chris Kondo Senior Director of Corporate Accounting (Principal Accounting Officer) October 31, 2025 CHRIS KONDO /s/ Wanda Austin Director October 31, 2025 WANDA AUSTIN /s/ Alex Gorsky Director October 31, 2025 ALEX GORSKY /s/ Andrea Jung Director October 31, 2025 ANDREA JUNG /s/ Arthur D. Levinson Director and Chair of the Board October 31, 2025 ARTHUR D. LEVINSON /s/ Monica Lozano Director October 31, 2025 MONICA LOZANO /s/ Ronald D. Sugar Director October 31, 2025 RONALD D. SUGAR /s/ Susan L. Wagner Director October 31, 2025 SUSAN L. WAGNER Apple Inc. | 2025 Form 10-K | 58

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

Answer: -0.0117

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0117 (i.e., on a bad day with 5% probability, the loss exceeds 1.17%). CVaR(95%) = -0.0152.


DOT-USD: 60-day return history, mean=-0.0074, std=0.0494.

Question:
Asset: DOT-USD
Daily returns (past 60 days): mean=-0.0074, std=0.0494, min=-0.1391, 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 DOT-USD. Express as a decimal (e.g., -0.02).

Answer: -0.1103

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.1103 (i.e., on a bad day with 5% probability, the loss exceeds 11.03%). CVaR(95%) = -0.1283.


SOL-USD: 60-day return history, mean=0.0013, std=0.0331.

Question:
Asset: SOL-USD
Daily returns (past 60 days): mean=0.0013, std=0.0331, min=-0.0622, max=0.1138
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: -0.0440

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0440 (i.e., on a bad day with 5% probability, the loss exceeds 4.40%). CVaR(95%) = -0.0570.


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

Question:
Asset: BIL
Daily returns (past 60 days): mean=0.0002, std=0.0002, min=0.0000, max=0.0004
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

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.


AVAX-USD: 60-day return history, mean=-0.0054, std=0.0490.

Question:
Asset: AVAX-USD
Daily returns (past 60 days): mean=-0.0054, std=0.0490, min=-0.1912, max=0.1091
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: -0.0911

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0911 (i.e., on a bad day with 5% probability, the loss exceeds 9.11%). CVaR(95%) = -0.1407.


BTC-USD: 60-day return history, mean=0.0037, std=0.0244.

Question:
Asset: BTC-USD
Daily returns (past 60 days): mean=0.0037, std=0.0244, min=-0.0634, max=0.0826
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: -0.0326

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0326 (i.e., on a bad day with 5% probability, the loss exceeds 3.26%). CVaR(95%) = -0.0455.


QQQ: 60-day return history, mean=-0.0018, std=0.0180.

Question:
Asset: QQQ
Daily returns (past 60 days): mean=-0.0018, std=0.0180, min=-0.0399, max=0.0340
Market regime: sideways
Recent filing/news:
[SEC 10-Q AAPL 2025-05-02] aapl-20250329 false 2025 Q2 0000320193 --09-27 P1Y P1Y P1Y P1Y xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure aapl:Vendor 0000320193 2024-09-29 2025-03-29 0000320193 us-gaap:CommonStockMember 2024-09-29 2025-03-29 0000320193 aapl:A0.000Notesdue2025Member 2024-09-29 2025-03-29 0000320193 aapl:A0.875NotesDue2025Member 2024-09-29 2025-03-29 0000320193 aapl:A1.625NotesDue2026Member 2024-09-29 2025-03-29 0000320193 aapl:A2.000NotesDue2027Member 2024-09-29 2025-03-29 0000320193 aapl:A1.375NotesDue2029Member 2024-09-29 2025-03-29 0000320193 aapl:A3.050NotesDue2029Member 2024-09-29 2025-03-29 0000320193 aapl:A0.500Notesdue2031Member 2024-09-29 2025-03-29 0000320193 aapl:A3.600NotesDue2042Member 2024-09-29 2025-03-29 0000320193 2025-04-18 0000320193 us-gaap:ProductMember 2024-12-29 2025-03-29 0000320193 us-gaap:ProductMember 2023-12-31 2024-03-30 0000320193 us-gaap:ProductMember 2024-09-29 2025-03-29 0000320193 us-gaap:ProductMember 2023-10-01 2024-03-30 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0000320193 us-gaap:FairValueInputsLevel1Member 2024-09-28 00003 [...TRUNCATED...] f Proceeds Purchases of Equity Securities by the Issuer and Affiliated Purchasers Share repurchase activity during the three months ended March 29, 2025 was as follows (in millions, except number of shares, which are reflected in thousands, and per-share amounts): Periods Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs (1) December 29, 2024 to February 1, 2025: Open market and privately negotiated purchases 36,809  $ 235.43  36,809  February 2, 2025 to March 1, 2025: Open market and privately negotiated purchases 31,856  $ 238.07  31,856  March 2, 2025 to March 29, 2025: Open market and privately negotiated purchases 39,455  $ 221.77  39,455  Total 108,120  $ 40,779  (1) As of March 29, 2025, the Company was authorized by the Board of Directors to purchase up to $110 billion of the Company’s common stock under a share repurchase program announced on May 2, 2024, of which $69.2 billion had been utilized. On May 1, 2025, the Company announced the Board of Directors had authorized an additional program to repurchase up to $100 billion of the Company’s common stock. The programs do not obligate the Company to acquire a minimum amount of shares. Under the programs, shares may be repurchased in privately negotiated or open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act. Item 3.    Defaults Upon Senior Securities None. Item 4.    Mine Safety Disclosures Not applicable. Item 5.    Other Information Insider Trading Arrangements None. Item 6.    Exhibits Incorporated by Reference Exhibit Number Exhibit Description Form Exhibit Filing Date/ Period End Date 31.1* Rule 13a-14(a) / 15d-14(a) Certification of Chief Executive Officer. 31.2* Rule 13a-14(a) / 15d-14(a) Certification of Chief Financial Officer. 32.1** Section 1350 Certifications of Chief Executive Officer and Chief Financial Officer. 101* Inline XBRL Document Set for the condensed consolidated financial statements and accompanying notes in Part I, Item 1, “Financial Statements” of this Quarterly Report on Form 10-Q. 104* Inline XBRL for the cover page of this Quarterly Report on Form 10-Q, included in the Exhibit 101 Inline XBRL Document Set. *    Filed herewith. **    Furnished herewith. Apple Inc. | Q2 2025 Form 10-Q | 22 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: May 2, 2025 Apple Inc. By: /s/ Kevan Parekh Kevan Parekh Senior Vice President, Chief Financial Officer Apple Inc. | Q2 2025 Form 10-Q | 23

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: -0.0395

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0395 (i.e., on a bad day with 5% probability, the loss exceeds 3.95%). CVaR(95%) = -0.0399.


XLU: 60-day return history, mean=-0.0009, std=0.0103.

Question:
Asset: XLU
Daily returns (past 60 days): mean=-0.0009, std=0.0103, min=-0.0239, max=0.0197
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 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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 XLU. 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%) = -0.0227.


XLY: 60-day return history, mean=-0.0035, std=0.0167.

Question:
Asset: XLY
Daily returns (past 60 days): mean=-0.0035, std=0.0167, min=-0.0388, max=0.0338
Market regime: bear
Recent filing/news:
[Kaggle 2025-04-14] ["Apple upgraded, Wayfair downgraded: Wall Street's top analyst calls The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly.Top 5 Upgrades: KeyBanc upgraded Apple (AAPL) to Sector Weight from Underweight without a price target. Last Friday's announcement of exception from tariffs on smartphones is probably the best-case scenario for Apple, which makes it unlikely KeyBanc's prior downside call will be achieved, the firm tells investors in a research note. Baird upgraded Atlassian (TEAM) to Outperform from Neutral with a price target of $255, down from $320. The firm cites Atlassian's platform opportunity, positive receptivity to its generative artificial intelligence strategy, and a valuation at the lower end of the stock's historical range for the upgrade. Deutsche Bank upgraded Peloton (PTON) to Buy from Hold with a price target of $6.60, down from $8.60. The firm believes the shares have been \"unfairly punished\" since the fiscal Q2 report, down over 30%. KeyBanc upgraded DuPont (DD) to Overweight from Sector Weight with an $81 price target. The firm cites the selloff in the shares and the Trump administration's recent steps on deescalating the tariff uncertainty for the upgrade. Goldman Sachs double upgraded Choice Hotels (CHH) to Buy from Sell with a price target of $138, down from $141. With an increasingly uncertain demand backdrop, Choice Hotels is one of the most defensive names in the sector given its largely franchise revenue structure and \"solid\" balance sheet, the firm tells investors in a research note. Top 5 Downgrades: Deutsche Bank downgraded Wayfair (W) to Hold from Buy with a price target of $25, down from $54. Wayfair's business model is \"by far the most upended by the new tariff regime\" in the internet group, as evidenced by the shares declining 42% since earnings, the firm notes. Deutsche Bank downgraded General Motors (GM) to Hold from Buy with a $43 price target. While stating that the stock already trades at a low multiple, the firm worries GM \"may be an impaired asset for several years\" given structural uncertainty around U.S. industrial and tariff policy. Wells Fargo downgraded Comcast (CMCSA) to Underweight from Equal Weight with a price target of $31, down from $37. The firm says Comcast is being pulled into a convergence investment cycle with higher mobile costs to re-accelerate broadband, and says it is no longer defensive. Goldman Sachs downgraded Marriott (MAR) to Neutral from Buy with a price target of $245, down from $313. The firm expects the recent macro volatility and consumer pressures to be a headwind to the \"macro sensitive segments.\" Goldman also downgraded Hilton (HLT) and Hyatt (H) to Neutral from Buy. TD Cowen downgraded Medpace (MEDP) to Hold from Buy with a price target of $328, down from $370. The firm cites the challenging biotech funding and uncertain regulatory env

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: -0.0365

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0365 (i.e., on a bad day with 5% probability, the loss exceeds 3.65%). CVaR(95%) = -0.0388.


SCHH: 60-day return history, mean=0.0005, std=0.0082.

Question:
Asset: SCHH
Daily returns (past 60 days): mean=0.0005, std=0.0082, min=-0.0158, max=0.0182
Market regime: bull

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

Answer: -0.0115

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0115 (i.e., on a bad day with 5% probability, the loss exceeds 1.15%). CVaR(95%) = -0.0154.


ICSH: 60-day return history, mean=0.0002, std=0.0003.

Question:
Asset: ICSH
Daily returns (past 60 days): mean=0.0002, std=0.0003, min=-0.0007, max=0.0008
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: -0.0002

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0002 (i.e., on a bad day with 5% probability, the loss exceeds 0.02%). CVaR(95%) = -0.0003.


VLUE: 60-day return history, mean=-0.0019, std=0.0132.

Question:
Asset: VLUE
Daily returns (past 60 days): mean=-0.0019, std=0.0132, min=-0.0356, max=0.0296
Market regime: bear
Recent filing/news:
[Kaggle 2025-04-22] Is This Fast-Growing Chain the Next Costco? You might not be familiar with BBB Foods (NYSE: TBBB). And that's OK. Most stateside investors aren't familiar with the rapidly expanding chain providing deeply discounted groceries and other household essentials to a widening audience with 2,772 locations at the start of this year. It's North America's fastest growing player in its space, but you have to travel to Mexico to see it in action. BBB is the parent company of Tiendas 3B, a small-box supermarket concept with big-time aspirations. The three Bs stand for Bueno, Bonito, and Barato in Spanish, translating to "good, pretty, and cheap." The concept is a cross between Aldi and Costco, wedged into a smaller convenience store frame. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » It's not a household name, but that's more an opportunity than a problem. With a business model far removed from the intersection of headwinds holding back most retail concepts, it's a good time to look at BBB before it begins pinging on more growth investors' radars. Let's travel south to see why this stock could be headed north. When BBB went public 14 months ago, it became the first Mexican company to go public on a U.S. exchange in six years. It's fair to say that it's been a hit. Underwriters priced the offering at $17.50, and the hard discounter is currently trading nearly 50% higher. It's no broken IPO. BBB is earnings its upticks. Revenue soared 30% last year to reach the U.S. equivalent of nearly $2.8 billion, accelerating in its latest quarter with a 33% jump. Expansion is a big part of the growth story. BBB opened 484 net new stores last year. However, momentum is building at the store level. Comps climbed 13.3% last year, and that's stacked on top of a 17.6% same-store sales surge in 2023. It just turned profitable last year, breaking through with operating free cash the year before that. It's still cranking out negative working capital given the current opportunity for rapid expansion, but that deficit narrowed substantially last year. Supermarket chains historically crank out low net margins. They're in the business of providing modest markups to their goods, making that back by turning over its inventory as much as possible. Costco is a rock star in this realm, but its net margin has failed to break the 3% ceiling in any single year in more than three decades of public trading. Its annual membership fees account for 2% of the revenue mix, and -- like most grocers -- Tiendas 3B does not require paid memberships. BBB pales in comparison with its 0.6% net margin last year, but give it time. It just became profitable last year, and the benefits of scalability should fine the bottom line outpacing the still impressive forecast for top-line jumps. If you think Costco's selling a lot of its own Kirkland products, consider that private label sales account for just a little more than

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: -0.0227

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0227 (i.e., on a bad day with 5% probability, the loss exceeds 2.27%). CVaR(95%) = -0.0356.


ADA-USD: 60-day return history, mean=-0.0056, std=0.0598.

Question:
Asset: ADA-USD
Daily returns (past 60 days): mean=-0.0056, std=0.0598, min=-0.1761, max=0.2212
Market regime: bear
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: -0.1055

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.1055 (i.e., on a bad day with 5% probability, the loss exceeds 10.55%). CVaR(95%) = -0.1384.


LINK-USD: 60-day return history, mean=-0.0000, std=0.0602.

Question:
Asset: LINK-USD
Daily returns (past 60 days): mean=-0.0000, std=0.0602, min=-0.1453, max=0.1799
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 LINK-USD. Express as a decimal (e.g., -0.02).

Answer: -0.1020

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.1020 (i.e., on a bad day with 5% probability, the loss exceeds 10.20%). CVaR(95%) = -0.1215.


EFA: 60-day return history, mean=-0.0001, std=0.0079.

Question:
Asset: EFA
Daily returns (past 60 days): mean=-0.0001, std=0.0079, min=-0.0248, max=0.0200
Market regime: sideways
Recent filing/news:
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us-gaap:AdditionalPaidInCapitalMember 2023-06-30 0000080424 pg:R [...TRUNCATED...] 7 billion in fiscal year 2025, notwithstanding any purchases under the Company's compensation and benefit plans. Purchases may be made in the open market and/or private transactions and purchases may be increased, decreased or discontinued at any time without prior notice. The share repurchases are authorized pursuant to a resolution issued by the Company's Board of Directors and are expected to be financed by a combination of operating cash flows and issuance of debt.      Item 5. Other Information During the three months ended December 31, 2024, none of our directors or officers adopted or terminated a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement" as defined in Item 408 of Regulation S-K. 30 The Procter & Gamble Company Item 6. Exhibits 3.1 Amended Articles of Incorporation (as amended by shareholders at the annual meeting on October 11, 2011 and consolidated by the Board of Directors on April 8, 2016) (Incorporated by reference to Exhibit (3-1) of the Company's Form 10-K for the year ended June 30, 2016) 3.2 Regulations (as approved by the Board of Directors on December 13, 2022, pursuant to authority granted by shareholders at the annual meeting on October 13, 2009) (Incorporated by reference to Exhibit (3-2) of the Company’s Current Report on Form 8-K filed December 13, 2022) 4.1 Indenture, dated as of September 3, 2009, between the Company and Deutsche Bank Trust Company Americas, as Trustee (Incorporated by reference to Exhibit (4-1) of the Company's Annual Report on Form 10-K for the year ended June 30, 2015) 31.1 Rule 13a-14(a)/15d-14(a) Certification – Chief Executive Officer + 31.2 Rule 13a-14(a)/15d-14(a) Certification – Chief Financial Officer + 32.1 Section 1350 Certifications – Chief Executive Officer + 32.2 Section 1350 Certifications – Chief Financial Officer + 101.SCH (1) Inline XBRL Taxonomy Extension Schema Document 101.CAL (1) Inline XBRL Taxonomy Extension Calculation Linkbase Document 101.DEF (1) Inline XBRL Taxonomy Definition Linkbase Document 101.LAB (1) Inline XBRL Taxonomy Extension Label Linkbase Document 101.PRE (1) Inline XBRL Taxonomy Extension Presentation Linkbase Document 104  Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101) + Filed herewith (1) Pursuant to Rule 406T of Regulation S-T, this information is furnished and not filed for purposes of Sections 11 or 12 of the Securities Act of 1933 and Section 18 of the Securities Exchange Act of 1934, and otherwise is not subject to liability under these sections. 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. THE PROCTER & GAMBLE COMPANY January 22, 2025 /s/ MATTHEW W. JANZARUK Date (Matthew W. Janzaruk) Senior Vice President - Chief Accounting Officer (Principal Accounting Officer)

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

Answer: -0.0146

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0146 (i.e., on a bad day with 5% probability, the loss exceeds 1.46%). CVaR(95%) = -0.0196.


IVV: 60-day return history, mean=0.0017, std=0.0121.

Question:
Asset: IVV
Daily returns (past 60 days): mean=0.0017, std=0.0121, min=-0.0328, max=0.0261
Market regime: sideways
Recent filing/news:
[Kaggle 2025-07-01] ["Peter Thiel sold 20 million shares of Facebook just months after its IPO\u2014but they\u2019d be worth nearly $15 billion more if he had held on Billionaire Peter Thiel was Facebook\u2019s first outside investor, but he may now have regrets for how soon he cashed out. Just months after the tech company\u2019s IPO, he sold millions of shares for $20 each for a sum of $400 million; with the stock now worth 37 times more, he could have been $15 billion richer today. Investing is a game of risk and reward. Get it right, and you could build a billion-dollar fortune. Get it wrong, and it might all go up in smoke. For PayPal cofounder Peter Thiel, being the first outside Facebook investor was hardly a bust\u2014but there may be some seller\u2019s remorse. The tech entrepreneur first coughed up $500,000 in 2004 for a 10% stake in the company, just months into its creation\u2014giving it a value of about $4.9 million. Nearly a decade later, following the company\u2019s May 2012 IPO, Thiel decided it was time to cash out. Thiel sold about 20.1 million shares in the company\u2014a majority of his stake\u2014for $19.27 to $20.69 each, netting him about $400 million at the time. Had he held his shares until today, they would be worth about $14.76 billion (Meta\u2019s stock price is $736 at the time of writing), a decision that may haunt even one of Silicon Valley\u2019s savviest investors. What led him to invest in the first place? He believed the college market\u2014which was Facebook\u2019s original audience\u2014had been underestimated. \u201cI think investors always have a bias to invest in things they themselves use and they undervalue things they don\u2019t use so there aren\u2019t many investors who are in college,\u201d he said to This Week in Startups in 2015. Fortune reached out to Thiel for comment. Despite selling a majority of his stake in the company, the 57-year-old remained heavily involved for many years, serving on the board until 2022. \u201cPeter has been a valuable member of our board and I\u2019m deeply grateful for everything he has done for our company\u2014from believing in us when few others would, to teaching me so many lessons about business, economics, and the world,\u201d Facebook cofounder and CEO Mark Zuckerberg said at the time of Thiel\u2019s stepping down. Today, Thiel\u2019s net worth sits at about $21.7 billion, according to Bloomberg, thanks in part to the billions he made from being the cofounder of PayPal and Palantir. And he\u2019s not the only investor to have thrived off the success of Facebook; the social network\u2019s growth has created countless millionaires\u2014and multiple billionaires. Of course, no one has benefited more financially than Zuckerberg, who is currently the second-richest person in the world, according to Bloomberg, with an estimated net worth of $260 billion. In fact, his worth has increased more than any other billionaire this year, with a year-to-date growth of $52.8 billion. But the compan

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

Answer: -0.0226

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0226 (i.e., on a bad day with 5% probability, the loss exceeds 2.26%). CVaR(95%) = -0.0297.


EEM: 60-day return history, mean=-0.0003, std=0.0087.

Question:
Asset: EEM
Daily returns (past 60 days): mean=-0.0003, std=0.0087, min=-0.0236, max=0.0203
Market regime: sideways
Recent filing/news:
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us-gaap:EquityMethodInvestmentNonconsolidatedInvesteeOrGroupOfInvesteesMember 2024-12-31 0001018724 us-gaap:EquityMethodInvestmentNonconsoli [...TRUNCATED...]  Amazon.com, Inc., pursuant to 18 U.S.C. Section 1350. 97.1 Amazon.com, Inc. Clawback Policy (incorporated by reference to the Company's Annual Report on Form 10-K for the Year ended December 31, 2023). 101 The following financial statements from the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, formatted in Inline XBRL: (i) Consolidated Statements of Cash Flows, (ii) Consolidated Statements of Operations, (iii) Consolidated Statements of Comprehensive Income (Loss), (iv) Consolidated Balance Sheets, (v) Consolidated Statements of Stockholders’ Equity, and (vi) Notes to Consolidated Financial Statements, tagged as blocks of text and including detailed tags. As permitted by Item 601(b)(4)(iii)(A) of Regulation S-K, the Company has not filed with this Annual Report on Form 10-K certain instruments defining the rights of holders of long-term debt of the Company and its subsidiaries because the total amount of securities authorized thereunder does not exceed 10 percent of the total assets of the Company and its subsidiaries on a consolidated basis. The Company agrees to furnish a copy of such agreements to the Commission upon request. 104 The cover page from the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, formatted in Inline XBRL (included as Exhibit 101). __________________ †    Executive Compensation Plan or Agreement. Item 16. Form 10-K Summary None. 76 Table of Contents SIGNATURES Pursuant to the requirements of Section 13 or 15(d) 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, as of February 6, 2025.   AMAZON.COM, INC. By: /s/ Andrew R. Jassy Andrew R. Jassy President and Chief Executive Officer Pursuant to the requirements of the Securities Exchange Act of 1934, this Report has been signed below by the following persons on behalf of the registrant and in the capacities indicated as of February 6, 2025.   Signature Title /s/ Andrew R. Jassy Andrew R. Jassy President and Chief Executive Officer (Principal Executive Officer) and Director /s/ Brian T. Olsavsky Brian T. Olsavsky Senior Vice President and Chief Financial Officer (Principal Financial Officer) /s/ Shelley L. Reynolds Shelley L. Reynolds Vice President, Worldwide Controller (Principal Accounting Officer) /s/ Jeffrey P. Bezos Jeffrey P. Bezos Executive Chair /s/ Keith B. Alexander Keith B. Alexander Director /s/ Edith W. Cooper Edith W. Cooper Director /s/ Jamie S. Gorelick Jamie S. Gorelick Director /s/ Daniel P. Huttenlocher Daniel P. Huttenlocher Director /s/ Andrew Y. Ng Andrew Y. Ng Director /s/ Indra K. Nooyi Indra K. Nooyi Director /s/ Jonathan J. Rubinstein Jonathan J. Rubinstein Director /s/ Brad D. Smith Brad D. Smith Director /s/ Patricia Q. Stonesifer Patricia Q. Stonesifer Director /s/ Wendell P. Weeks Wendell P. Weeks Director 77

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: -0.0172

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0172 (i.e., on a bad day with 5% probability, the loss exceeds 1.72%). CVaR(95%) = -0.0203.


LINK-USD: 60-day return history, mean=-0.0042, std=0.0426.

Question:
Asset: LINK-USD
Daily returns (past 60 days): mean=-0.0042, std=0.0426, min=-0.1339, max=0.1179
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 LINK-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0642

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0642 (i.e., on a bad day with 5% probability, the loss exceeds 6.42%). CVaR(95%) = -0.0917.


SOL-USD: 60-day return history, mean=0.0027, std=0.0350.

Question:
Asset: SOL-USD
Daily returns (past 60 days): mean=0.0027, std=0.0350, min=-0.0785, max=0.1005
Market regime: bull
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: -0.0505

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0505 (i.e., on a bad day with 5% probability, the loss exceeds 5.05%). CVaR(95%) = -0.0617.


LINK-USD: 60-day return history, mean=-0.0051, std=0.0601.

Question:
Asset: LINK-USD
Daily returns (past 60 days): mean=-0.0051, std=0.0601, min=-0.1701, max=0.1774
Market regime: bear
Recent filing/news:
[Kaggle 2023-12-19]

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: -0.0982

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0982 (i.e., on a bad day with 5% probability, the loss exceeds 9.82%). CVaR(95%) = -0.1432.


GLD: 60-day return history, mean=0.0034, std=0.0110.

Question:
Asset: GLD
Daily returns (past 60 days): mean=0.0034, std=0.0110, min=-0.0240, max=0.0243
Market regime: bull

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

Answer: -0.0185

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0185 (i.e., on a bad day with 5% probability, the loss exceeds 1.85%). CVaR(95%) = -0.0223.


MATIC-USD: 57-day return history, mean=-0.0086, std=0.0454.

Question:
Asset: MATIC-USD
Daily returns (past 57 days): mean=-0.0086, std=0.0454, min=-0.1586, max=0.0741
Market regime: bear
Recent filing/news:
[Kaggle 2023-12-19]

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: -0.1002

Explanation: Historical simulation VaR at 95%: sort the 57 daily returns and take the 5th percentile. VaR(95%) = -0.1002 (i.e., on a bad day with 5% probability, the loss exceeds 10.02%). CVaR(95%) = -0.1253.


DOT-USD: 60-day return history, mean=-0.0039, std=0.0512.

Question:
Asset: DOT-USD
Daily returns (past 60 days): mean=-0.0039, std=0.0512, min=-0.1824, max=0.0807
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 DOT-USD. Express as a decimal (e.g., -0.02).

Answer: -0.0943

Explanation: Historical simulation VaR at 95%: sort the 60 daily returns and take the 5th percentile. VaR(95%) = -0.0943 (i.e., on a bad day with 5% probability, the loss exceeds 9.43%). CVaR(95%) = -0.1314.