@CavaliereVerdeMonté-Carlo Simulation projection
@Pure Pip Producer
So for you Monté-Carlo Simulation projection will give you data from the future ? Tell us more why you say so
- The Monte Carlo method uses a random sampling of information to solve a statistical problem; while a simulation is a way to virtually demonstrate a strategy.
- Combined, the Monte Carlo simulation enables a user to come up with a bevy of results for a statistical problem with numerous data points sampled repeatedly.
- The Monte Carlo simulation can be used in corporate finance, options pricing, and especially portfolio management and personal finance planning.
- On the downside, the simulation is limited in that it can't account for bear markets, recessions, or any other kind of financial crisis that might impact potential results.