My First Quant Model
It all started with a challenge in my financial markets class. The assignment? Simulate managing a 1,000,000 MAD portfolio on the Casablanca Stock Exchange, analyzing three years of historical data up to January 2nd. My team and I delivered a rock-solid project. It was so well-received that our professor, Mrs. Moudine, specifically praised our Monte Carlo simulation. And that’s exactly when it clicked for me. Watching all those numbers, probabilities, VaR calculations, and ratios come to life made me think: “Okay, Monte Carlo is incredibly powerful, but do I truly grasp what’s happening under the hood?...