Category Archive for "Resources"

What is “drawdown”?

The drawdown is a risk measure. It represents the loss that an investor would have suffered during a specific period, had he bought at

Risk Letter 2 : At the in-efficiency frontier

          At the in-efficiency frontier, by Adina Grigoriu, member of the French Institute of Actuaries This second Active

Risk Letter 1 : Volatility as a risk measure

          Volatility is the most widespread measure of risk. The reason of its success comes from the fact