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Monte Carlo simulation - permalink

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  • 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.


    Yahoo Finance - Cite This Source - This Definition
  • Browse Related Terms:   Beige Book,   Random walk theory,   Standard deviation,   Stochastic modeling,   Technical analysis

montelukast - permalink

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  • (mon-teh-LOO-kast) The active ingredient in a drug used to treat symptoms of asthma, such as trouble breathing, tight chest, wheezing, coughing, and runny nose. Montelukast blocks the action of a substance that causes airways in the lungs to narrow and causes other symptoms of asthma. It is a type of leukotriene receptor antagonist and a type of antiasthmatic agent.
    National Cancer Institute - Cite This Source - This Definition
  • Browse Related Terms:   montelukast sodium,   mung bean,   Singulair
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