{
  "reportId": "RISK-PORT-US-EQUITY-001-20260418",
  "portfolioId": "PORT-US-EQUITY-001",
  "asOfDate": "2026-04-18",
  "currency": "USD",
  "riskMetrics": {
    "var95": -0.0123,
    "var99": -0.0187,
    "expectedShortfall": -0.0215,
    "annualizedVolatility": 0.1432,
    "trackingError": 0.0234,
    "beta": 1.04,
    "durationYears": null,
    "modifiedDuration": null
  },
  "factorExposures": [
    { "factorName": "Market", "exposure": 1.04, "contribution": 0.0892 },
    { "factorName": "Size", "exposure": -0.12, "contribution": -0.0043 },
    { "factorName": "Value", "exposure": 0.08, "contribution": 0.0021 },
    { "factorName": "Momentum", "exposure": 0.22, "contribution": 0.0112 }
  ],
  "stressTests": [
    { "scenarioName": "2008 Financial Crisis", "pnlImpact": -312500000, "percentImpact": -0.25 },
    { "scenarioName": "COVID-19 March 2020", "pnlImpact": -187500000, "percentImpact": -0.15 },
    { "scenarioName": "+200bps Rate Shock", "pnlImpact": -25000000, "percentImpact": -0.02 }
  ]
}