# Rh/Fragment 161 01

## < Rh

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 Typus KomplettPlagiat Bearbeiter Hindemith Gesichtet
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Seite: 161, Zeilen: 2-6
Quelle: Alexander Sheedy 2008
Seite(n): 2233, Zeilen: 2. Spalte: 41-47
Traditional stress testing [sic!] are based on historical data or they are hypothetical and can involve large movements, hence the probability of an extreme outcome is unknown and many extreme yet plausible possibilities are ignored. Many stress tests also fail to incorporate the characteristics that markets are known to exhibit in crisis periods, namely, increased probability of further large movements, increased comovement between markets, greater implied volatility and reduced liquidity. However traditional stress tests can be criticised for being conducted outside the context of a risk model, hence the probability of an extreme outcome is unknown and many extreme yet plausible possibilities are ignored. Many stress tests also fail to incorporate the characteristics that markets are known to exhibit in crisis periods, namely, increased probability of further large movements, increased co-movement between markets, greater implied volatility and reduced liquidity.
 Anmerkungen Kein Quellenverweis vorhanden. der erste Halbsatz ist noch unterschiedlich, doch dann ist die Übernahme wörtlich. Sichter (Hindemith), Graf Isolan