Using Monte Carlo Simulation to Hedge Against Volatile Oil Prices

Using Monte Carlo Simulation to Hedge Against Volatile Oil Prices

The escalation of Russian’s invasion of Ukraine and the ongoing response to the COVID-19 pandemic contributed to crude oil price volatility and a surge to over $130 a barrel in the spring of 2022. These high price levels, which have not been seen since 2008, occurred...
Using Monte Carlo Simulation to Hedge Against Volatile Oil Prices

Are There Red Flags in Green Construction?

As green options move toward becoming the norm, new risks can result, such as whether environmentally-friendly materials can withstand a major earthquake, hurricane or flood. Green builders are turning to Monte Carlo simulation, a computational model that examines all...