Monte Carlo simulation

(redirected from Monte Carlo)
Also found in: Dictionary, Thesaurus, Medical, Acronyms, Encyclopedia, Wikipedia.
Related to Monte Carlo: Monte Carlo simulation

Monte Carlo simulation

An analytical technique for solving a problem by performing a large number of trail runs, called simulations, and inferring a solution from the collective results of the trial runs. Method for calculating the probability distribution of possible outcomes.

Monte Carlo Simulation

A computer simulation that seeks to determine the likelihood of various scenarios by running multiple simulations using random variables. The results of the Monte Carlo simulation show the most likely outcomes.

Monte Carlo simulation.

A Monte Carlo simulation can be used to analyze the return that an investment portfolio is capable of producing. It generates thousands of probable investment performance outcomes, called scenarios, that might occur in the future.

The simulation incorporates economic data such as a range of potential interest rates, inflation rates, tax rates, and so on. The data is combined in random order to account for the uncertainty and performance variation that's always present in financial markets.

Financial analysts may employ Monte Carlo simulations to project the probability of your retirement account investments producing the return you need to meet your long-term goals.

Mentioned in ?
References in periodicals archive ?
Established in 1863, the Monte Carlo SBM group has been a pioneer in the world of luxury tourism, which is evident in the smallest of details of presentation in any one of the number of hotels throughout the city.
The Minister of Information also affirmed the Ministry's keenness to provide all the required facilities and support to Radio Monte Carlo and other radio stations as well.
of Little Rock, which was named as a defendant along with Dassault Aviation, has asked to be dismissed from the case because it didn't have a contract with Monte Carlo Aviation, according to a filing by attorney John Baker of Little Rock.
TOP TIP The Monaco Grand Prix on May 16, is the ultimate time to visit Monte Carlo - the world's most famous race.
The Monte Carlo technique has since been developed by scientists for use in radiotherapy treatments for cancer patients.
The chase continued onto the northbound 101 until the Monte Carlo driver forced the Honda to pull off on the shoulder near Barham Boulevard, said Los Angeles police Detective Rich Wheeler.
Then came the advent of significant software tools, such as Monte Carlo Simulation, and a new world of possibilities opened to planners.
Key words: beta-decay; magnetic storage; Monte Carlo simulation; neutron lifetime; superconductivity; UCN.
OCTOBER 26-28 2005 European CDO Summit Monte Carlo Grand Hotel Monte Carlo, Monaco
Monte Carlo Masters In recent seasons, the glamorous event in the French principality has provided an invaluable insight into how events are likely to unfold at Roland Garros.
Workers rewarded with an all expenses-paid trip to Monte Carlo for a year's hard work are celebrating the fruits of their labour.
In recent years a number of authors have begun to use Monte Carlo simulation to help explain elementary concepts in statistics and econometrics (e.