[expected return - (z score * std. dev.)] * value
Do we need to memorize z-score for each confidence level?
Yes:
95% = 1.65
99% = 2.33
[expected return - (z score * std. dev.)] * value
Do we need to memorize z-score for each confidence level?
Yes:
95% = 1.65
99% = 2.33