VaR_Spec__Modelled_Factor__Shift

Given a simulated value *x* of the referenced risk factor at time *t*, the corresponding numerical value *m(x;t)* of the affected market element bucket (eg a single deposit rate or vol) is given by the sum:

*m(x;t) = m(0) + x*, where *m(0)* is the initial known value of this market element bucket.

Effectively this amounts to defining the risk factor as the random difference *m(t) - m(0)*, rather than *m(t)* itself.

Although not required, this setting is usually accompaqnied by a VaR Spec::Process Type setting of VaR Spec::Process Type::Normal