# Exercise Solution 14.7

We calculate the maximum absolute value of the five autocorrelations, which is 0.124. Based on Exhibit 14.7, we should reject the VaR measure if that value exceeds 0.138. Accordingly, we do not reject the VaR measure.

We calculate the maximum absolute value of the five autocorrelations, which is 0.124. Based on Exhibit 14.7, we should reject the VaR measure if that value exceeds 0.138. Accordingly, we do not reject the VaR measure.