Simulation Methods for Portfolio Risk Analysis - CFA Level I Quantitative Methods

Learn essential simulation methods for the 2024/2025 CFA® Level I exam's Quantitative Methods section through a 37-minute educational video that covers portfolio return analysis, risk assessment, and optimization techniques. Master the calculation and interpretation of key statistical measures including expected value, variance, standard deviation, covariances, and correlations of portfolio returns. Explore how to determine covariance and correlation using joint probability functions, while gaining proficiency in shortfall risk concepts, safety-first ratio calculations, and optimal portfolio selection using Roy's safety-first criterion. Develop crucial quantitative skills needed for portfolio management and risk assessment as part of the CFA® Level I curriculum.