We started with the estimation of conditional variance, and thus the VaR for BET, BET-C and BET-FI, based on
the three models presented above. In the end we check if the models used in these estimations are accurate and able
to predict the risk, based on conditional coverage test, resented in Table 5. All the estimations for Value at Risk are
represented in figures 5 – 10 from Appendix