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For example, if a portfolio of stocks has a one-day 5% VaR of $1 million, that means that there is a 0.05 probability that the portfolio will fall in value by more than $1 million over a one-day period if there is no trading. Informally, a loss of $1 million or more on this portfolio is expected on 1 day out of 20 days (because of 5% probability).
Up until the 2007 version, Microsoft Excel used a proprietary binary file format called Excel Binary File Format (.XLS) as its primary format. [34] Excel 2007 uses Office Open XML as its primary file format, an XML-based format that followed after a previous XML -based format called "XML Spreadsheet" ("XMLSS"), first introduced in Excel 2002.
Data Interchange Format (.dif) is a text file format used to import/export single spreadsheets between spreadsheet programs. Applications that still support the DIF format are Collabora Online , Excel , [ note 1 ] Gnumeric , and LibreOffice Calc .
.bak, .bk – Bak file various backup formats: some just copies of data files, some in application-specific data backup formats, some formats for general file backup programs BIN – binary data, often memory dumps of executable code or data to be re-used by the same software that originated it
Office Open XML (OOXML) format was introduced with Microsoft Office 2007 and became the default format of Microsoft Excel ever since. Excel-related file extensions of this format include:.xlsx – Excel workbook.xlsm – Excel macro-enabled workbook; same as xlsx but may contain macros and scripts.xltx – Excel template.xltm – Excel macro ...
Comma-separated values (CSV) is a text file format that uses commas to separate values, and newlines to separate records. A CSV file stores tabular data (numbers and text) in plain text, where each line of the file typically represents one data record. Each record consists of the same number of fields, and these are separated by commas in the ...
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Symbolic Link (SYLK) is a Microsoft file format typically used to exchange data between applications, specifically spreadsheets. SYLK files conventionally have a .slk suffix. Composed of only displayable ANSI characters, it can be easily created and processed by other applications, such as databases .