Value at Risk (VaR) In Python: Monte Carlo Method

Python for Investing: Finance Course

Discover the power of Python for risk analysis in our tutorial 'Value at Risk (VaR) In Python: Monte Carlo Method.' We delve deep into the world of financial risk, breaking down the complex Monte Carlo method and its application in calculating VaR. Whether you're a financial analyst, data scientist, or Python enthusiast, this video will provide you with practical, actionable knowledge. Get ready to master the art of risk prediction using Monte Carlo simulations in Python! 💻 Code here: https://ryanoconnellfinance.com/monte-carlo-value-at-risk-python/ 🎓 Tutor With Me: 1-On-1 Video Call Sessions Available ► Join me for personalized finance tutoring tailored to your goals: ryanoconnellfinance.com/finance-tutoring/ 👨‍💼 My Freelance Financial Modeling Services: ► Custom financial modeling solutions tailored for your needs: ryanoconnellfinance.com/freelance-finance-services/ Chapters: 0:00 - Intro to "Value at Risk (VaR) In Python" 0:15 - Installing Necessary Libraries 0:43 - Set Time Range of Historical Returns 1:54 - Choose You're Stock Tickers 2:34 - Download Adjusted Close Prices from yFinance 4:14 - Calculate Daily Log Returns 6:06 - Calculate Portfolio Expected Return 7:52 - Calculate Portfolio Standard Deviation 10:11 - Create an Equally Weighted Portfolio 11:35 - Determine Z-Scores Randomly 12:25 - Calculate Scenario Gains & Losses 14:20 - Run 10,000 Simulations (Monte Carlo Method) 15:35 - Specify Confidence Interval Level & Calculate VaR 17:49 - Plot the Results on a Bell Curve *Disclosure: This is not financial advice and should not be taken as such. The information contained in this video is an opinion. Some of the information could be wrong. This channel is owned and operated by Portfolio Constructs LLC

About the course

Embark on a journey through financial markets with 'Python for Investing: Finance Course,' expertly crafted by Ryan O'Connell, CFA, FRM. This course is designed to introduce you to the powerful world of Python in finance, starting from the basics for beginners and progressing to sophisticated investment strategies and analysis. Delve into practical applications like extracting free stock prices, optimizing portfolios, option pricing with the Black-Scholes model, and mastering various Value at Risk (VaR) methods using Python. Ideal for finance professionals, students, and anyone eager to leverage Python for data-driven investment decisions, this course offers a comprehensive toolkit to enhance your financial acumen in the digital age.