Risk

Crisis Rehearsal: Is Your Portfolio Ready for a Bad Day?

A stress-test method: building scenarios, drawdown and recovery arithmetic, liquidity and the forced-selling trap, how correlation behaves in a crisis, and a written crisis plan. No crisis magnitudes are claimed; the method is taught. The first two lessons are free.

OrtaPro6 ders1 sa 3 dk3 bölüm
Kursa başlaEğitmen · Alvest
Müfredat
01

Why rehearse?

The value of the extreme scenario

2 ders
  1. 01Why rehearse? An average year does not test youPortfolios look alike on a good day. The difference between them shows up on a bad one.Ücretsiz9 dk
  2. 02The anatomy of a crisis: the phasesCrises begin for different reasons but flow with a similar rhythm. Knowing the rhythm is a compass in a panic.Ücretsiz10 dk
02

Build the scenario

Shock, duration, liquidity

2 ders
  1. Building your own scenarioA good stress scenario defines three things: the size of the shock, its duration, and how assets behave together.12 dk
  2. Drawdown arithmetic: the real cost of a fallLoss and recovery are not symmetric. That asymmetry is the mathematical case for risk management.11 dk
03

Turn it into a plan

Tie the result to action

2 ders
  1. Liquidity: the real killer mechanism of crisesA fall is temporary. A sale makes it permanent. And what forces you to sell in a crisis is usually not the market but your need for cash.11 dk
  2. From rehearsal to plan: the written crisis protocolIn a crisis a plan is not written, it is executed. The writing is today's job.10 dk