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Monte-Carlo Simulation Is a Tool for Considering Portfolio Valuation Under

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Monte-Carlo simulation is a tool for considering portfolio valuation under all possible combinations of factors that determine a security's value.

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Definitions:

Menu-driven Interface

A user interface in which the user chooses a command from menus displayed on the screen.

RAM

Random Access Memory, a type of computer memory that can be accessed randomly and is used for storing running programs and temporary data.

CPU

The Central Processing Unit, the primary component of a computer that performs most of the processing inside a computer.

Open Source

Pertaining to software whose source code is made freely available for modification and distribution.

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