Crises Face to Face: 2020 vs 2008

Since the outbreak of the COVID-19 to the country lockdowns, many analysts compared the current crisis to the one of 2008. In this article we analyse and compare the two market turmoils from a risk management perspective and through python programming language.

The quantitative analysis has been conducted on the American and European market using the main metrics of risk analysis (VaR, Expected Shortfall, etc..) and computational statistical methods (bootstrap).