How To Fix RY366 - Statistics type &1: Element category "Absolute" not allowed in CFaR

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 366

• Message text: Statistics type &1: Element category "Absolute" not allowed in CFaR

What causes this issue?

For the Cash Flow at Risk calculation, you have chosen a volatility type
or correlation type referring to a statistics type with element category
<LS>Absolute</>. This is not supported (for instance, random walk values
might otherwise be negative).

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Maintain your volatility type, correlation type, and statistics type so
that another element category is used.
You can find the corresponding Customizing activities under
<LS>Treasuryand Risk Managment -> Basic Functions -> Market Data
Management -> Master Data -> Statistical Data</>:
<DS:SIMG._V_ATVO3>Define Statistics Type</>
<DS:SIMG.VOLATILITAETSARTEN>Define Volatility Type</>
<DS:SIMG.KORRELATIOSART>Define Correlation Type</>

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RY366 - Statistics type &1: Element category "Absolute" not allowed in CFaR ?

  The SAP error message RY366 indicates that there is an issue with the configuration of the statistics type in the context of the CFaR (Cash Flow at Risk) calculation. Specifically, the error states that the element category "Absolute" is not allowed for the specified statistics type.
  
  Cause:
  
  Incorrect Configuration: The statistics type you are trying to use is configured to accept only certain element categories, and "Absolute" is not one of them. This typically occurs when the settings for the statistics type in the system do not align with the requirements of the CFaR calculation.
  Data Entry Error: There may be a mistake in the data entry or selection of the statistics type that is being used in the CFaR process.
  Version Compatibility: If there have been recent updates or changes to the SAP system, it is possible that the compatibility of certain statistics types with CFaR has changed.
  
  
  Solution:
  
  Check Configuration: Review the configuration settings