environment interspersed by corrections increasing in amplitude and frequency. This calls for more adaptive dynamic risk … management strategies, as opposed to static buy-and-hold strategies. To hedge against market drawdowns, the greatest source of …

stochastic optimal control (SOC)/dynamic risk management is a much more effective approach to determine the optimal degree of …

stochastic optimal control (SOC)/dynamic risk management is a much more effective approach to determine the optimal degree of …