Name: Estimating and identifying risk - Historical and Monte Carlo Simulation
Uploaded: 2026-06-16T00:00:00Z
Description: In this chapter, you’ll estimate risk measures using parametric estimation and historical real-world data. You'll then discover how Monte Carlo simulation can help you predict uncertainty. Lastly, you’ll learn how the global financial crisis signaled that randomness itself was changing, by understanding structural breaks and how to identify them.