7/30/2019 Quantifying the Behavior of Stock CORRELATIONS UNDER MARKET STRESS

1/5

7/30/2019 Quantifying the Behavior of Stock CORRELATIONS UNDER MARKET STRESS

2/5

7/30/2019 Quantifying the Behavior of Stock CORRELATIONS UNDER MARKET STRESS

3/5

7/30/2019 Quantifying the Behavior of Stock CORRELATIONS UNDER MARKET STRESS

4/5

7/30/2019 Quantifying the Behavior of Stock CORRELATIONS UNDER MARKET STRESS

5/5