If you haven’t read the first two posts introducing the concept of Monte Carlo simulations and running through a basic,…
I think the balance sheet is probably the easiest of the major financial statements to understand, so we’ll begin there.…
For a quick overview of Monte Carlo simulations, I recommend you check out Part I. Example: Suppose we work for…
I confess that Monte Carlo methods confused and to a certain extent intimidated me for a long time. It was…
The two most common measures applied to proposed projects (for everything from expansion to replacing old equipment) are net present…
ARIMA models require some study and application to thoroughly understand. The rewards are well worth it though, if you master…
I’ve heard technical analysis explained and described the following ways: “TA is the analyst attempting to read the mind of…
VaR, or Value at Risk is another one of many concepts in finance that sounds much more intimidating to some…
Risk adjusted returns of investments and variance analysis used in corporate finance and accounting will both depend on understanding some…
Arguably the simplest approach towards generating normal distributions using pseudo-random numbers is through a combination of RAND and Norm.S.Inv. Norm.S.Inv…