Morgan Stanley 2014 Annual Report Download - page 135
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Primary Risk Categories.
As shown in Table 1, the Company’s average 95%/one-day Primary Risk Categories VaR for 2014 was
$43 million. The histogram below presents the distribution of the Company’s daily 95%/one-day Primary Risk
Categories VaR for 2014, which was in a range between $35 million and $50 million for approximately 94% of
the trading days during the year.
010
53
134
56
60
<30
30 to 35
35 to 40
40 to 45
45 to 50
50 to 55
>55
Number of Days
Year Ended December 31, 2014
Daily 95% / One-day Primary Risk Categories Management VaR
(dollars in millions)
131