Munich-based Thetaris has announced the laucnh of Theta Suite XL, a Microsoft Excel toolkit designed specifically for Monte Carlo simulation. The toolkit uses a proprietary coding language, ThetaML, ...

We offer the scientific, government, business, and policy communities a simulation tool to predict and monitor the effects of the changing dynamics of coronavirus disease 2019 select COVID-19) on the ...

Many industries - reinsurance finance and commercial development, for example - rely on risk analysis technology that utilize Monte Carlo simulation. To bail down the likelihood of success ot failure ...

Monte Carlo simulations have become a cornerstone in quantitative finance, particularly in the pricing of complex options and in modelling volatility dynamics. This numerical method employs random ...

This article attempts to adapt the Monte Carlo method to the quantitative risk management of environmental pollution. In this context, the feasibility of stochastic models to quantitatively evaluate ...

A Monte Carlo simulation in investing is like rolling the dice on potential outcomes for your investments. Instead of relying on past performance or gut feelings, Monte Carlo simulations use computer ...

Tzveta Iordanova is an expert in credit and risk management, financial reporting, and a writer for online financial services platforms. Andy Smith is a Certified Financial Planner (CFP®), licensed ...