ModelRisk
ModelRisk is an advanced Monte Carlo simulation add-in for Microsoft Excel, enabling users to incorporate uncertainty into their financial, engineering, and scientific models. By substituting uncertain values with specialized probability distribution functions, it generates thousands of scenarios, presenting results through intuitive visualizations and statistical analyses, simplifying risk assessment and decision-making processes.
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Top ModelRisk Features
- Monte Carlo simulation automation
- 100% Excel compliant
- Extensive probability distributions
- Fastest Excel simulator
- Error checking functions
- Visual user interfaces
- Comprehensive help resources
- Template reporting features
- Customizable scenario generation
- Portfolio optimization tool
- Reliability engineering functions
- Disease risk modeling capabilities
- Financial metrics uncertainty assessment
- Insurance industry specializations
- Markov chain tools
- Multivariate time series analysis
- Cost-effective pricing model
- Time and volume discounts
- Intuitive model building
- Real-time risk analysis feedback
