ELPRC
Last modified in version : 12.12
Purpose : the Product Risk Classification (PRC3) of instruments
Summary
The ELPRC3 function provides you with the PRC of a single or a range of assets. the PRC can be based either on the global or asia methodology. The grade includes a market, credit and liquidity risk portion which can be displayed.
Examples
=ELPRC3("US0378331005")
Retrieves the adjusted PRC of an Apple share using the default methodology which is the global one.
=ELPRC3(A2:A10, "global")
Retrieves the adjusted PRC for a list of assets using the methodology “global”.
=ELPRC3("US0378331005", "asia", {"raw", "stabilized", "adjusted"}, "TRUE", "TRUE", "TRUE")
Retrieves the raw, stabilized and adjusted PRCs for an Apple share using the ‘asia’ methodology, displaying the model used to compute the grade, along with the PRC decomposition into market, credit, and liquidity risk buckets and their corresponding weights.
US0378331005 | Raw | Stabilized | Adjusted | Market prc | Liquidity prc | Credit prc | Market weight | Liquidity weight | Credit weight | Model |
---|---|---|---|---|---|---|---|---|---|---|
3.24027 | 3 | 3 | 5.00994 | 1.00614 | 1.53184 | 0.53483 | 0.28872 | 0.17643 | computed |
Syntax
ELPRC3(assetIds[], methodology, prc[], components, model, headers)
Argument name | Default | Description |
---|---|---|
assetIds | Single or multiple asset identifiers (ISIN, FIGI, currency ISO, Edgelab ID). | |
methodology | global | Optional field defining the methodology to be used for risk classification, can be “global” or “asia” |
prc | adjusted | Optional field defining the PRC value to return, can be “raw”, “stabilized” or “adjusted”. The “raw” PRC corresponds to the weighted sum of market, credit and liquidity grades. |
components | FALSE | Optional field showing the details of the PRC composition, can be “FALSE” or “TRUE” |
model | FALSE | Optional field showing the model used to compute the adjusted PRC, can be “FALSE” or “TRUE” |
headers | FALSE | Optional field showing the header of the response can be “FALSE” or “TRUE” |
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