Subscribe to RSS feed Renewed Tool: Risk Manager

By evankoh posted on 18 Oct 2019  -  20,442 views


In this article, I would like to share a renewed tool, Risk Manager. As an investor, understanding your portfolio risks is of paramount importance. Using this tool, you can see the changes to various portfolio risk metrics (i.e. Beta, Value At Risk and Expected Shortfall) after you buy (or sell) a specific amount (defaulted to SGD 5,000 but you can change it here) of selected stocks.

Why focus on Risk?
You might have realized that this is actually a simplified version of the now-deprecated iAssist tool. Previously, the iAssist tool tries to estimate both the risk and returns, and then churn out a single ranking score to see if you should buy or sell it. But I often got questions/complaints of how to properly use it due to its complexity and inability to be customized.

It is often difficult to agree on how future returns should be estimated, but estimating the risk based on the past have known and widely accepted approaches. This is why I have decided to shift the focus to just measuring risk (at least for now).

p.s.: To simulate selling, input negative values on this page to simulate selling.


Like
3 likes
7 comments

numberator - very nice tool! Thanks so much for these amazing stuff! May I suggest to place the simulation value entry on the same page as the risk manager tool. So that no need to keep switching pages to try different iterations.
18 Oct 2019 19:33:41

joshandsomestuff - Yessssss, I find that risk management is an underrated component that many neglect in the world of investing.
19 Oct 2019 00:20:44

angelzsoul - to complement with screener,
should we have a tick box beside those stocks that are generated in screener so that we can like "select all" or "tick" those stocks we want and add into a watchlist so we can use this tool to test the watchlist?
19 Oct 2019 01:07:16

evankoh - @angelzsoul Sounds good. Can you make a feature request for that? Thanks!
19 Oct 2019 17:05:23

takingstock - Like the new version. 5k is a lot more manageable, and I find it easier to absorb the new stats (var / es) when planning ahead for my next purchases
21 Oct 2019 22:58:16

waywalker - Hi, what does the % for the New Portfolio stand for? Thanks.
16 May 2020 23:35:22

evankoh - @waywalker Hi, it means the weight in % for that stock after you purchase that stock.
19 May 2020 04:17:14



Next Article > < Previous Article
Recent Feature Improvements Suggested ... Insurance is Part of Financial ...



List All Articles Other articles by evankoh

The John Neff Screener
I regularly read articles from "The Motley Fool Singapore". One person that is frequently mentioned there is John Neff. "John Neff (born 1931) is one of the best known mutual fund investors of the past 40 years, notable for his contrarian and value investing styles as well as heading Vanguard's Windsor Fund. Windsor was the best performing mutual fund during his tenure and became the largest fund closing ...

Becoming an Angel Investor
Last week, when I shared my portfolio in another article. I received comments privately from several people such as "50 stocks in your portfolio?!?! I think 30 should provide more than enough diversification", "Have you heard of Warren Buffet's 20 slot rules?", "Why are you holding so many different stocks?" etc. Well, there are a few reasons to this. 1) I have yet to devise or find a sound approach ...

The Story of the Broken Email - "Thanks" to DigitalOcean
I would like to apologize for the email outage for the last three days. I have finally fixed the issue. All emails should be operating as usual from now on. Below is the reason why I had to manually activate accounts for new sign ups and why no daily market update emails were sent. The Short Version - My hosting provider, DigitalOcean, decided to block my SMTP port (needed for sending email) without ...