$ While in the "perform circumstance" you liquidate the portfolio at $t_1$ realising its PnL (let me simplify the notation a little bit) $begingroup$ I estimate each day pnl with a CDS situation using the unfold change times the CS01. Having said that I would want to estimate the PnL https://raymondntwae.rimmablog.com/33222367/how-much-you-need-to-expect-you-ll-pay-for-a-good-pnl