The structure of VaR и CVaR tables is completely identical. In the upper rows of a table you can find sample moments estimates of the distribution of portfolio logarithmic returns. These are mean, volatility The most common measure of risk. Defined as annualized standard deviation of returns., skewness Measure of distribution asymmetry. Zero skewness corresponds to a symmetric distribution. and kurtosis excess Measures the degree of distribution tails heaviness. For a normal distribution this value is equal to zero.. Each column corresponds to a specific time horizon. The concrete technique used in the computation of these values is selected in the Value-at-Risk analysis dialog. Below these rows the main table is positioned, where each row corresponds to a specific value of confidence level (e.g. 95%:96%:97%:98%:99%). The intersection of each row and column contains the corresponding value of Value-at-Risk Maximum portfolio loss (measured in % of the initial wealth) over a given time interval at a given level of statistical confidence. (VaR table) or Conditional Value-at-Risk Conditional expectation of losses beyond VaR (measured in % of the initial wealth) over a given time interval at a given level of statistical confidence. (CVaR table).