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What is a lookback period?

lookback period
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What is a lookback period?

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The lookback period begins on July 1 and ends on June 30 of the following year. See the example below for determining the lookback period for taxes due in calendar year 2008.

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It is the period of history that is used to collect data used in the computation of VaR. This is important, because if the data is inappropriate for the forecast, the forecast is no good.

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