As a result, with 90%, 95% and 99% confidence it can be concluded that the value of the portfolio will not fall below 2057.915, 1798.117 and 1375.011 dollars respectively. Alternatively, all the described procedures were performed following the assumptions of conventional Credit Metrics approach that asset  returns follow Normal distribution and their joint behavior is modelled by multivariate Normal distribution. Results are provided in Table 5.