# Event Risk The 3AC, FTX, UST, and SVB events show that there are always black-swan-like events that a standard filtered historical simulation VAR risk model doesn’t detect. Concordia’s event risk add-on models worst-case event scenarios for portfolios and applies those returns similar to the price risk model to re-risk the protocol to a black-swan market move. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.concordia.systems/future-roadmap/event-risk.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.