Wrangling through Dataland

Simulating Stock Market Returns & Crash Risk

How relying on historical daily returns statistics may provide false inferences about drawdown risk in the S&P 500 Index

Alvin T. Tan, Ph.D.
Towards Data Science
12 min readJun 21, 2020

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Financial markets are a cornucopia of delights for data scientists, disgorging endless reams of data. Yet that…

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Financier by profession. Economist by training. Data scientist & essayist by inclination.