Monte Carlo Simulation Using Python
snaray12 |
Description:
Simulation plays an important role in many industry. Simulation helps us to try dfferent scenarios and strategies before taking a decision. The realtime usage and its impact was very well depicted in the movie Sully: Miracle on the Hudson. With the abundant availability of hardware resources in the 21st centure through the advancements in cloud technologies simulations have become a commodity that can be leveraged by the business community.
Creation and execution of a simulation is much simple with python. I in this talk wants to showcase how I have used simulation in stock market analysis. I will use monte carlo simulation technique for this purpose and showcase how this can be used in various usecases as well.