16.13 Microsoft Example continued The standard deviation of the change in the portfolio in 1 day is $200,000 The standard deviation of the change in 10 days is 200,000√10=$632,456 Options, Futures, and other Derivatives, 5th edition 2002 by John C. HullOptions, Futures, and Other Derivatives, 5th edition © 2002 by John C. Hull 16.13 Microsoft Example continued • The standard deviation of the change in the portfolio in 1 day is $200,000 • The standard deviation of the change in 10 days is 200,000 10 = $632,456