One of the main goals when studying Space Weather is to characterize extreme events occurrences and related characteristics. To do so, dedicated statistical methods from the so-called extreme value analysis (EVA) field have been developed. In this study we used Ca index, derived from aa, in order to characterize geoeffectiveness from the radiation belts point of view with a 150-year-long data set. The analysis performed in this study thus focuses on this newsworthy index to provide clues on the reliability of EVA methods. The first main result we present here is that the 1-in-10-, 1-in-50-, and 1-in-100-year events, respectively, match Ca values of 100.39, 131.39, and 142.84 nT. Consequently, the only 1-in-100 event observed during the Space Era would be the "Halloween Storm" in 2003 that reached a Ca value of 147.6 nT. The second main result highlighted in this work is that performing the same analysis with shorter subsets (20 years long) can give significantly different results for two reasons. The first reason is that some short time periods do not display the same distribution of events as the full period. The second reason is that the choice of the correct threshold (when using a Peaks Over Threshold approach) is made difficult with a short data set and leads to inaccurate results. This is a strong result as for accurate estimation of the induced effects of extreme events in radiation belts, we may only rely on short flux data sets from one or another mission (mostly shorter than 20 years).