It is possible to do Monte Carlo simulations using ordinary spreadsheet software, but many forecasts use specialized statistical software packages to generate the simulations.

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, ...

Will assets last through retirement? How could funds be deployed in retirement? Adviser Stephanie Richman outlines how Monte Carlo simulation and professional advice can help answer these questions.

A Monte Carlo simulation helps investors by modeling potential investment outcomes using randomization and computer algorithms.

I am looking to estimate the potential for failure in a complex system using Monte Carlo simulation. I am quite familiar with using MC for engineering simulations, but have never approached the ...

It is possible to do Monte Carlo simulations using ordinary spreadsheet software, but many forecasts use specialized statistical software packages to generate the simulations.

A Monte Carlo simulation helps investors by modeling potential investment outcomes using randomization and computer algorithms.