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Inspect the original threshold
At 90% confidence in the original model, VaR is 10 loss units. The 50-unit loss still carries 5% probability. Calling 10 the most that can be lost contradicts the stated distribution itself.
Report the relevant quantities
| Quantity | Result |
|---|---|
| Lower 90% loss quantile | 10 |
| Probability strictly above it | 5% |
| 90% expected shortfall | 30 |
| Largest listed loss | 50 |
Avoid replacing one bound with another
The largest listed loss is only the end of this finite record. An observed maximum does not rule out future events outside the sample. A stress case can explore an adverse scenario, but a chosen case is not proof of every possible loss.
Keep the model in the statement
Describe the threshold of the supplied distribution at its stated confidence and horizon. Preserve the tail evidence rather than converting a percentile into a guarantee.