Question: For VaR (Parametric), what is Otis Worldwide's value from May 28, 2020 to February 23, 2021? (1-day VaR; loss expressed as a positive number; assumes normality; default confidence 95%) Using unadjusted prices, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: VaR_c = \Phi^{-1}(c) * \sigma(r) - \mu(r)
Data:
date,close
2020-05-27,52.380001068115234
2020-05-28,50.959999084472656
2020-05-29,52.650001525878906
2020-06-01,54.08000183105469
2020-06-02,54.150001525878906
2020-06-03,55.470001220703125
2020-06-04,55.400001525878906
2020-06-05,58.56999969482422
2020-06-08,61.2599983215332
2020-06-09,60.650001525878906
2020-06-10,59.02999877929688
2020-06-11,56.25
2020-06-12,56.040000915527344
2020-06-15,57.66999816894531
2020-06-16,57.84999847412109
2020-06-17,56.7400016784668
2020-06-18,57.4900016784668
2020-06-19,57.0
2020-06-22,57.060001373291016
2020-06-23,56.79999923706055
2020-06-24,55.540000915527344
2020-06-25,56.20000076293945
2020-06-26,55.790000915527344
2020-06-29,56.56999969482422
2020-06-30,56.86000061035156
2020-07-01,55.77999877929688
2020-07-02,56.5
2020-07-06,56.86000061035156
2020-07-07,56.81999969482422
2020-07-08,56.91999816894531
2020-07-09,56.11000061035156
2020-07-10,56.97999954223633
2020-07-13,56.88999938964844
2020-07-14,57.369998931884766
2020-07-15,58.20000076293945
2020-07-16,58.31999969482422
2020-07-17,58.54999923706055
2020-07-20,58.560001373291016
2020-07-21,58.43999862670898
2020-07-22,58.47999954223633
2020-07-23,59.060001373291016
2020-07-24,58.130001068115234
2020-07-27,58.31999969482422
2020-07-28,60.27999877929688
2020-07-29,64.30000305175781
2020-07-30,63.38999938964844
2020-07-31,62.7400016784668
2020-08-03,63.209999084472656
2020-08-04,62.61000061035156
2020-08-05,63.09000015258789
2020-08-06,63.47999954223633
2020-08-07,64.41000366210938
2020-08-10,65.20999908447266
2020-08-11,64.37000274658203
2020-08-12,64.9000015258789
2020-08-13,64.0
2020-08-14,64.06999969482422
2020-08-17,63.959999084472656
2020-08-18,63.45000076293945
2020-08-19,62.91999816894531
2020-08-20,62.970001220703125
2020-08-21,63.630001068115234
2020-08-24,63.79999923706055
2020-08-25,64.29000091552734
2020-08-26,64.18000030517578
2020-08-27,63.22999954223633
2020-08-28,63.59000015258789
2020-08-31,62.900001525878906
2020-09-01,64.05000305175781
2020-09-02,65.33999633789062
2020-09-03,61.84999847412109
2020-09-04,61.4900016784668
2020-09-08,60.630001068115234
2020-09-09,62.08000183105469
2020-09-10,59.900001525878906
2020-09-11,60.13999938964844
2020-09-14,59.9900016784668
2020-09-15,60.29999923706055
2020-09-16,59.790000915527344
2020-09-17,61.040000915527344
2020-09-18,60.880001068115234
2020-09-21,59.40999984741211
2020-09-22,60.9900016784668
2020-09-23,60.40999984741211
2020-09-24,62.08000183105469
2020-09-25,61.54999923706055
2020-09-28,62.5099983215332
2020-09-29,62.40999984741211
2020-09-30,62.41999816894531
2020-10-01,62.369998931884766
2020-10-02,63.15999984741211
2020-10-05,64.54000091552734
2020-10-06,63.83000183105469
2020-10-07,65.05000305175781
2020-10-08,64.70999908447266
2020-10-09,65.3499984741211
2020-10-12,65.69000244140625
2020-10-13,65.12999725341797
2020-10-14,65.61000061035156
2020-10-15,65.19999694824219
2020-10-16,65.02999877929688
2020-10-19,64.36000061035156
2020-10-20,64.38999938964844
2020-10-21,63.720001220703125
2020-10-22,63.2400016784668
2020-10-23,63.45000076293945
2020-10-26,63.209999084472656
2020-10-27,61.970001220703125
2020-10-28,58.9900016784668
2020-10-29,60.790000915527344
2020-10-30,61.27999877929688
2020-11-02,62.13999938964844
2020-11-03,62.709999084472656
2020-11-04,62.29999923706055
2020-11-05,62.630001068115234
2020-11-06,63.58000183105469
2020-11-09,63.5
2020-11-10,65.73999786376953
2020-11-11,66.12000274658203
2020-11-12,65.98999786376953
2020-11-13,65.56999969482422
2020-11-16,67.38999938964844
2020-11-17,67.19999694824219
2020-11-18,66.62999725341797
2020-11-19,66.16000366210938
2020-11-20,66.31999969482422
2020-11-23,67.25
2020-11-24,67.4000015258789
2020-11-25,67.37999725341797
2020-11-27,67.33999633789062
2020-11-30,66.94000244140625
2020-12-01,66.83000183105469
2020-12-02,65.69000244140625
2020-12-03,65.48999786376953
2020-12-04,65.16000366210938
2020-12-07,64.8499984741211
2020-12-08,66.11000061035156
2020-12-09,65.48999786376953
2020-12-10,64.0
2020-12-11,63.72999954223633
2020-12-14,62.77999877929688
2020-12-15,64.7300033569336
2020-12-16,65.23999786376953
2020-12-17,65.79000091552734
2020-12-18,65.61000061035156
2020-12-21,66.1500015258789
2020-12-22,65.41000366210938
2020-12-23,65.62999725341797
2020-12-24,65.79000091552734
2020-12-28,66.0
2020-12-29,65.69000244140625
2020-12-30,66.72000122070312
2020-12-31,67.55000305175781
2021-01-04,65.58999633789062
2021-01-05,65.0999984741211
2021-01-06,66.91000366210938
2021-01-07,67.77999877929688
2021-01-08,66.83000183105469
2021-01-11,66.36000061035156
2021-01-12,65.2300033569336
2021-01-13,63.970001220703125
2021-01-14,64.94000244140625
2021-01-15,65.52999877929688
2021-01-19,65.37000274658203
2021-01-20,65.19000244140625
2021-01-21,63.52000045776367
2021-01-22,64.87999725341797
2021-01-25,64.22000122070312
2021-01-26,63.5099983215332
2021-01-27,62.2400016784668
2021-01-28,63.83000183105469
2021-01-29,64.6500015258789
2021-02-01,64.55000305175781
2021-02-02,64.63999938964844
2021-02-03,64.05000305175781
2021-02-04,63.290000915527344
2021-02-05,63.93000030517578
2021-02-08,63.72999954223633
2021-02-09,64.36000061035156
2021-02-10,65.30999755859375
2021-02-11,63.43000030517578
2021-02-12,63.93000030517578
2021-02-16,63.18999862670898
2021-02-17,62.68999862670898
2021-02-18,63.060001373291016
2021-02-19,63.040000915527344
2021-02-22,63.22999954223633
2021-02-23,63.22999954223633

Indicator data:
Answer: 0.0261