Crisis · DAX Index (2023)
Replay 144 daily bars across a 5.9% max drawdown phase of the DAX as credit concerns roil German equities. Step through 25 decision points and sharpen your crisis judgment with AI coach feedback, simulated.
144 daily bars · 25 decision points · 2022-11 to 2023-06 · Stocks
Key facts
This window spans 205 days with a peak-to-trough drawdown of 5.9% and a 17.5% run-up.
- Max drawdown
- −5.9%
- Max run-up
- +17.5%
- Duration
- 205 days
- Largest single-day move
- −3.3%
- Bars
- 144 Daily bars
- Decision points
- 25
Every figure above is computed programmatically from this replay’s own candle series — no editorial input, no LLM. Methodology: Methodology
The market advances day by day. You only see candles up to the current day — as if you were really there.
At key decision points choose Buy / Trim / Exit / Hold. Each decision advances the timeline by one day.
After settlement you get a six-dimension score and an AI coach review. Your result enters the scenario leaderboard.
Event Replay
What happened — and what it teaches
In late 2022, German equities faced mounting credit concerns as Deutsche Bank's credit protection costs surged, rattling investor confidence across Europe's largest economy. The DAX index, Germany's premier stock benchmark, entered a volatile phase that would test the resolve of even seasoned participants. Over the following months, the market navigated a complex landscape of banking jitters, economic uncertainty, and shifting monetary expectations, placing crisis management skills front and center.
The index moved from 14422.35 to 16290.12, delivering a 13.0% return despite periodic turbulence. The journey included a 5.9% maximum drawdown and a largest single-bar move of 3.3%, highlighting the emotional swings that accompany credit-driven volatility. Across 144 daily bars spanning 2022-11-22 to 2023-06-15, 25 decision points emerged, with 9 deemed critical for participants testing their crisis judgment.
This scenario sharpens crisis decision-making by immersing participants in authentic banking-sector anxiety. Managing through a 5.9% drawdown requires discipline, risk calibration, and emotional control. Learners confront the challenge of distinguishing signal from noise when credit fears spike, while understanding that such episodes can escalate rapidly yet resolve without systemic collapse. The 25 decision points, including 9 critical junctures, offer repeated practice in calibration, helping participants refine their process before real capital is at stake.