Table 13. Swefire: ${\mathrm{TVaR}}_{95}(X)$ and ${\mathrm{TVaR}}_{99}(X)$ with corresponding ranking and backtesting p-values.

	Tail value at risk				min p-value
Model	${\mathrm{TVaR}}_{95}(X)$	Rank	${\mathrm{TVaR}}_{99}(X)$	Rank	${\mathrm{TVaR}}_{95}(X)$	${\mathrm{TVaR}}_{99}(X)$
Empirical	17.39		28.37
UG-DUC	13.81	2	20.77	2	0.20	0.03
LN-DUC	15.90	1	31.23	1	0.20	0.30
UG	9.25	9	12.97	10	0.00	0.00
LN	9.97	7	17.45	5	0.01	0.00
Exponential	9.25	8	12.97	9	0.00	0.00
Weibull	10.41	6	15.34	6	0.01	0.00
Normal	10.92	5	13.43	8	0.03	0.00
Logistic	6.73	13	8.86	13	0.00	0.00
Skew-logistic	6.90	12	9.22	12	0.00	0.00
Skew-normal	11.14	4	13.76	7	0.03	0.00
Skew-t	8.35	10	18.20	4	0.00	0.00
Hyperbolic	8.23	11	11.41	11	0.00	0.00
Pareto(t-score)	11.46	3	20.27	3	0.03	0.01