> For the complete documentation index, see [llms.txt](https://merlinprotocol.gitbook.io/merlin-protocol-old/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://merlinprotocol.gitbook.io/merlin-protocol-old/risk-control/risk-indicators.md).

# Risk Indicators

The platform will calculate the risk indicator based on real-time HashToken price and offering price and period according to the formula:

$$R=(T/52*PHPH​-0.7*T/52\*P)$$

1. PH​ is the real-time price of HashToken, calculated from the above hash value formula, or you can use real-time data from the secondary market to calculate.
2. P is the HashToken issuance consideration, T is the number of remaining terms (in weeks)
3. The initial value of risk indicator R is 0.246, the warning threshold is 0.4, and the risk indicator is always positive.