Helpful definitely. How can a bank use these everyday PnL calculations? In the end the prices will swing day-to-day and there will be possibly income or loss According to the calculation. So, How does a lender use these day-to-day PnL calculations? $endgroup$ Nonetheless, the existence of sizeable autocorrelation during the https://www.youtube.com/watch?v=qMmsQ4kKgY4