Imposing my own mean in VAR

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vytama
Posts: 72
Joined: Wed Dec 19, 2012 11:05 am

Imposing my own mean in VAR

Postby vytama » Fri Jun 19, 2020 7:06 am

Hello, How can I impose my own value to which the variable in VAR reverts to? For instance, historical PE ratio is 20 but when I forecast from VAR, my view is that PE ratio will be 30. How can I make VAR revert to 30 (which is my view) instead of historical mean of 20? thank you.
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