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...
Example Model: SENSIM.XLS Sensitivity analysis in @RISK (risk analysis software using Monte Carlo simulation) lets you see the impact of uncertain risk analysis model parameters on your results. But what if some of the uncertain model parameters are under your...
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...
The US dollar is at its highest level since 2000, up more than 20 percent over other major currencies such as the British pound, the euro, and the yen. The current economic forecast is for more volatility in 2023, which tends to drive further demand for the dollar,...