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, ...

How might you go about using Monte Carlo simulations for your retirement plan? Well, first you need to understand what Monte Carlo is and what it isn’t. According to Dana Anspach, CFP, RMA, the ...

Journal of Financial Education, Vol. 40, No. 1/2 (SPRING/SUMMER 2014), pp. 94-114 (21 pages) There is a lack of coverage of an application of Monte Carlo simulation in capital budgeting in ...

RADNOR, Pa.--(BUSINESS WIRE)--eMoney Advisor, a leading provider of technology solutions and services that help people talk about money, today announced the addition of Longevity Risk Analysis and ...

In early November 2007, two investors met in the waiting room of their financial adviser's office. By chance, both Robert, 62, and Sandra, 78, had appointments to discuss their retirement financial ...

Monte Carlo methods have emerged as a pivotal tool in reactor kinetics analysis, offering a robust statistical framework for simulating the stochastic behaviour of neutron transport and interaction ...